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Guideline Value

Corporate

Guideline Value for Pari Nagar Lakshmi Street

₹2350/sq.ft.

The guideline value for Pari Nagar Lakshmi Street in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 2350 per sq.ft, effective 1 July 2024. It was Rs 2099 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2350 /sq.ft.
From 1-4-2023 ₹2099 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /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 Pari Nagar Lakshmi Street

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Pari Nagar Lakshmi Street guideline value

The current guideline value of Pari Nagar Lakshmi Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class III Type - I.

How the guideline value of Pari Nagar Lakshmi Street has changed

The guideline value for Pari Nagar Lakshmi Street has undergone several revisions since 2017. In 2017, the guideline value was Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the value at Rs 2,350 per sq.ft, reflecting a 12% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 67%.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing the guideline value of Pari Nagar Lakshmi Street above this median.

Stamp duty and registration fee for property in Pari Nagar Lakshmi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, totaling Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pari Nagar Lakshmi Street?

The Sub Registrar Office that covers Pari Nagar Lakshmi Street is 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 Anakaputhur

The guideline value plays a crucial role in property transactions in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to assess the applicable stamp duty, which is charged at a percentage of either the guideline value or the actual sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Pari Nagar Lakshmi Street?

The current guideline value of Pari Nagar Lakshmi Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,407 per sq.ft to Rs 2,350 per sq.ft in 2024, reflecting an overall increase of 67%.

What is the registration office for Pari Nagar Lakshmi Street?

The registration office for Pari Nagar Lakshmi Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Anakaputhur?

Stamp duty for properties in Anakaputhur is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% for stamp duty and 2% for the registration fee.

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

Other streets in Anakaputhur with the same guideline value of Rs 2,350 per sq.ft include Pari Nagar Lakshmi Cross Street, Pari Nagar Mullai 1st Cross street, Pari Nagar Mullai 2nd Cross Street, Pari Nagar, Pari Nagar Mullai Street, and Pari Nagar Pilliyar Koil Street.