Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Pallpannai Salai Cross Main Road

₹1900/sq.ft.

The guideline value for Pallpannai Salai Cross Main Road in Selavoyal village (Madhavaram SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Selavoyal

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Pallpannai Salai Cross Main Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Pallpannai Salai Cross Main Road guideline value

The current guideline value of Pallpannai Salai Cross Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Selavoyal village under the Madhavaram SRO, classified as Residential Class III Type - I.

How the guideline value of Pallpannai Salai Cross Main Road has changed

The guideline value for Pallpannai Salai Cross Main Road has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,900 per sq.ft, up from Rs 1,800 per sq.ft in 2023, marking a 6% increase. Prior to that, the 2017 revision recorded a value of Rs 1,206 per sq.ft, which reflects a significant increase of 49% by 2023. The 2012 revision had set the value at Rs 1,500 per sq.ft, which represents a decrease of 20% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 27%.

There are no figures available in the register for the years 2002, 2003, and 2007 for this street. The changes in the guideline values highlight the fluctuations over the years, with the most notable increase occurring between 2017 and 2023.

Guideline values in Selavoyal

In Selavoyal, there are 170 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 3,300 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value of Pallpannai Salai Cross Main Road is below this median.

Stamp duty and registration fee for property in Pallpannai Salai Cross Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total fees to Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details on calculating stamp duty and registration fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pallpannai Salai Cross Main Road?

The Sub Registrar Office that covers Pallpannai Salai Cross Main Road is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Selavoyal, as it determines the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is registered, the guideline value serves as a benchmark for calculating the associated fees. It is essential for both parties in a transaction to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pallpannai Salai Cross Main Road?

The current guideline value of Pallpannai Salai Cross Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of 27% over this period.

What is the registration office for Pallpannai Salai Cross Main Road?

The registration office for Pallpannai Salai Cross Main Road is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What are the other streets in Selavoyal with the same guideline value?

Other streets in Selavoyal with a guideline value of Rs 1,900 per sq.ft in 2024 include Pallpannai Salai 2nd Cross Street, Pallpannai Salai 1st Cross Street, and Palli Street.

How is stamp duty calculated for properties in Selavoyal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 19,00,000, the stamp duty would be calculated at 7% of this amount.