Guideline Value

Corporate

Guideline Value for Pallavan Nagar Office's Colony

₹2750/sq.ft. (last notified 2012)

The guideline value for Pallavan Nagar Office's Colony in Maduravoyal village (Virugambakkam SRO, Chennai zone) was last notified at Rs 2750 per sq.ft in the 2012 revision; the 2024 revision has no entry for this street. The land classification is -. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Maduravoyal

Village

Virugambakkam

SRO

-
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
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)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Pallavan Nagar Office's Colony

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Pallavan Nagar Office's Colony guideline value

The current guideline value for Pallavan Nagar Office's Colony is not published; it was last notified at Rs 2,750 per sq.ft in the 2012 revision. This area is located in Maduravoyal village under the Virugambakkam SRO. There is no land classification available for this street.

How the guideline value of Pallavan Nagar Office's Colony has changed

The guideline value for Pallavan Nagar Office's Colony has seen significant changes over the years. In the 2007 revision, the value was Rs 500 per sq.ft, which increased to Rs 2,750 per sq.ft in the 2012 revision, marking a change of +450%. There are no figures available for the revisions in 2024, 2023, 2017, 2003, and 2002 for this street.

To summarize, the only figures available for Pallavan Nagar Office's Colony are from the 2007 and 2012 revisions. The substantial increase from Rs 500 to Rs 2,750 per sq.ft over this period reflects the last recorded guideline value.

Guideline values in Maduravoyal

In Maduravoyal, there are 636 streets under the Virugambakkam SRO, with guideline values for 2024 ranging from Rs 2,200 to Rs 6,050 per sq.ft, and the median is Rs 3,050 per sq.ft. The guideline value for Pallavan Nagar Office's Colony has not been updated since 2012, but it is important to note that other streets in Maduravoyal have current rates.

Stamp duty and registration fee for property in Pallavan Nagar Office's Colony

There is no current rate for Pallavan Nagar Office's Colony, so a worked example cannot be provided. However, it is important to note that stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Pallavan Nagar Office's Colony?

The Sub Registrar Office that covers Pallavan Nagar Office's Colony is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for additional assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Maduravoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable stamp duty. This ensures that the transaction is recorded accurately in the official registry.

Frequently asked questions

What is the current guideline value for Pallavan Nagar Office's Colony?

The current guideline value for Pallavan Nagar Office's Colony is not published. The last notified rate was Rs 2,750 per sq.ft in the 2012 revision.

How has the guideline value changed over the years?

The guideline value for Pallavan Nagar Office's Colony increased from Rs 500 per sq.ft in the 2007 revision to Rs 2,750 per sq.ft in the 2012 revision, representing a change of +450%. There are no figures available for the revisions in 2024, 2023, 2017, 2003, and 2002 for this street.

What are the guideline values for other streets in Maduravoyal?

In Maduravoyal, other streets have current guideline values for 2024 ranging from Rs 2,200 to Rs 6,050 per sq.ft. The median value is Rs 3,050 per sq.ft, while specific streets like Pallavan Nagar Officer's Colony have a guideline value of Rs 3,600 per sq.ft.

How is stamp duty calculated for properties in Pallavan Nagar Office's Colony?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. Since there is no current rate for Pallavan Nagar Office's Colony, a worked example cannot be provided.

Which office handles property registrations for Pallavan Nagar Office's Colony?

The Virugambakkam Sub Registrar Office handles property registrations for Pallavan Nagar Office's Colony. It is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.