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Guideline Value

Corporate

Guideline Value for Pammal Main Road, Dr. Ambedhkar Nagar

₹3300/sq.ft.

The guideline value for Pammal Main Road, Dr. Ambedhkar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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 Pammal Main Road, Dr. Ambedhkar Nagar

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Pammal Main Road, Dr. Ambedhkar Nagar guideline value

The current guideline value of Pammal Main Road, Dr. Ambedhkar Nagar is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Pammal village under the Pammal SRO and is classified as Commercial Class I Type - I.

How the guideline value of Pammal Main Road, Dr. Ambedhkar Nagar has changed

The guideline value for Pammal Main Road, Dr. Ambedhkar Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 2,010 per sq.ft, which increased to Rs 3,000 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 raised the value further to Rs 3,300 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, placing Pammal Main Road, Dr. Ambedhkar Nagar above the median.

Stamp duty and registration fee for property in Pammal Main Road, Dr. Ambedhkar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty, calculated at 7%, would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total fees to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pammal Main Road, Dr. Ambedhkar Nagar?

The Pammal Main Road, Dr. Ambedhkar Nagar falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering a property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the fees reflect the current market conditions as set by the Registration Department. This helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Pammal Main Road, Dr. Ambedhkar Nagar?

The current guideline value of Pammal Main Road, Dr. Ambedhkar Nagar is Rs 3,300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 2,010 per sq.ft in 2017 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of 64% during this period.

What are the stamp duty and registration fees for properties in Pammal Main Road?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

Which office handles registrations for Pammal Main Road?

The Pammal Sub Registrar Office handles registrations for Pammal Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions, ensuring that these fees are aligned with the current market standards set by the Registration Department.