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Guideline Value

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Guideline Value for Pachaiyappan Colony Eri Side St.

₹2160/sq.ft.

The guideline value for Pachaiyappan Colony Eri Side St. in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 2160 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2160 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹171 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Pachaiyappan Colony Eri Side St.

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Pachaiyappan Colony Eri Side St. guideline value

The current guideline value of Pachaiyappan Colony Eri Side St. is Rs 2,160 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village, under the Pallavaram SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Pachaiyappan Colony Eri Side St. has changed

The guideline value for Pachaiyappan Colony Eri Side St. has undergone several revisions over the years. The earliest recorded value was Rs 171 per sq.ft in 2003, which increased to Rs 600 per sq.ft in 2007, marking a significant rise of 251%. By 2012, the value further increased to Rs 2,000 per sq.ft, a change of 233% from the previous revision. The most recent revision in 2024 set the guideline value at Rs 2,160 per sq.ft, reflecting an 8% increase from the 2012 figure.

It is noteworthy that there are no recorded figures for the years 2023, 2017, and 2002 for this street. Overall, from 2003 to 2024, the guideline value has increased by 1163%.

Guideline values in Zaminpallavaram

In Zaminpallavaram, there are 638 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 2,100 to Rs 11,000 per sq.ft, with a median value of Rs 3,300 per sq.ft. The guideline value of Pachaiyappan Colony Eri Side St. is below this median.

Stamp duty and registration fee for property in Pachaiyappan Colony Eri Side St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,160 per sq.ft, the total guideline value would be Rs 21,60,000. The stamp duty, charged at 7%, would amount to Rs 1,51,200, and the registration fee at 2% would be Rs 43,200, bringing the total fees to Rs 1,94,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Pachaiyappan Colony Eri Side St.?

The Sub Registrar Office that covers Pachaiyappan Colony Eri Side St. is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Zaminpallavaram

The guideline value is a crucial factor in the registration process of property transactions in Zaminpallavaram. It serves as a benchmark for determining the amount of stamp duty and registration fees that need to be paid during the transaction.

When buying or selling property, the guideline value ensures that the transaction is documented at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Pachaiyappan Colony Eri Side St.?

The current guideline value of Pachaiyappan Colony Eri Side St. is Rs 2,160 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 171 per sq.ft in 2003 to Rs 2,160 per sq.ft in 2024, representing an overall increase of 1163% over the years.

What is the land classification for this area?

The land classification for Pachaiyappan Colony Eri Side St. is Residential Class III Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Pachaiyappan Colony Eri Side St. is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 21,60,000, the stamp duty would be Rs 1,51,200 at 7%.