Guideline Value for PAMBAIKAL STREET (PER)
₹660/sq.ft.
The guideline value for Pambaikal Street (per) in Sattamangalam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sattamangalam
Village
Chengleput Joint II
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹660 /sq.ft. |
| From 1-4-2023 | ₹600 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹402 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹600 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Pambaikal Street (per)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Pambaikal Street (Per) guideline value
The current guideline value of Pambaikal Street (Per) in Sattamangalam village is Rs 660 per sq.ft, effective from 1 July 2024. This street falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.
How the guideline value of Pambaikal Street (Per) has changed
The guideline value for Pambaikal Street (Per) has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 402 per sq.ft. However, from 2017 to 2023, the value saw a significant increase of 49%, reaching Rs 600 per sq.ft in 2023. The latest revision in 2024 raised the value to Rs 660 per sq.ft, marking a 10% increase from the previous year.
It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, there has been a 10% increase in the guideline value.
Guideline values in Sattamangalam
In Sattamangalam village, there are 425 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median value is Rs 1,100 per sq.ft, placing Pambaikal Street's 2024 figure below this median.
- Pambaikaal Street (Ward -15): Rs 440 per sq.ft (2024)
- Pammal K. Sampanthar Salai (Ward -8): Rs 1,760 per sq.ft (2024)
- Panankottur (Ward -15): Rs 440 per sq.ft (2024)
- Pandian Street (Ward -5): Rs 1,320 per sq.ft (2024)
- Pandidurai Devar Street (Ward -4): Rs 1,320 per sq.ft (2024)
- Pallavan Street (Ward -5): Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Pambaikal Street (Per)
For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total charges to Rs 59,400. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Pambaikal Street (Per)?
The Sub Registrar Office that covers Pambaikal Street (Per) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Sattamangalam
The guideline value is a crucial factor in property transactions in Sattamangalam. It serves as the basis for calculating the stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware of this value to ensure compliance with legal requirements during the registration process.
When a property is registered, the guideline value is compared with the sale price. The higher of the two values is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is accurately recorded in accordance with local regulations.
Frequently asked questions
What is the current guideline value of Pambaikal Street (Per)?
The current guideline value of Pambaikal Street (Per) is Rs 660 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 660 per sq.ft in 2024, with significant increases in 2023 and 2024.
What is the land classification for Pambaikal Street (Per)?
Pambaikal Street (Per) is classified as Residential Class I Type - III under the Chengleput Joint II SRO.
Where can I find the Chengleput Joint II Sub Registrar Office?
The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.
How is the stamp duty calculated for properties in Sattamangalam?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.
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