Guideline Value for Poluchazur Main Road
₹2750/sq.ft.
The guideline value for Poluchazur Main Road in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pammal
Village
Pammal
SRO
Commercial Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2750 /sq.ft. |
| From 1-4-2023 | ₹2500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1675 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | ₹570 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹210 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹185 /sq.ft. |
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.
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[email protected], [email protected]
Records for a plot on Poluchazur Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pammal sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Poluchazur Main Road guideline value
The current guideline value of Poluchazur Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This road is located in Pammal village, under the Pammal SRO, and is classified as Commercial Class I Type - II.
How the guideline value of Poluchazur Main Road has changed
The guideline value for Poluchazur Main Road has seen significant changes over the years. In 2002, the value was Rs 185 per sq.ft, which increased to Rs 210 per sq.ft in 2003, marking a 14% rise. The value then rose to Rs 570 per sq.ft in 2007, a substantial increase of 171%. Following this, the 2017 revision set the value at Rs 1,675 per sq.ft, reflecting a remarkable 194% increase from the previous revision.
The guideline value continued to rise, reaching Rs 2,500 per sq.ft in 2023, which was a 49% increase from 2017. The most recent revision in 2024 has set the value at Rs 2,750 per sq.ft, showing a 10% increase from the previous year. It is worth noting that the register has no figure for this street in 2012.
Guideline values in Pammal
Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value for these streets is Rs 2,090 per sq.ft, making the guideline value of Poluchazur Main Road above the median.
- Polytechnic Road: Rs 2,200 per sq.ft (2024)
- Pilliyar Koil Street, Shankar Nagar: Rs 2,750 per sq.ft (2024)
- Pillayar Koil Street /VOC Nagar: Rs 2,750 per sq.ft (2024)
- Pillayar Koil Street / Pasumpon Nagar: Rs 1,980 per sq.ft (2024)
- Pillayar Koil Street /NagalKeni: Rs 1,980 per sq.ft (2024)
- Pillayar Koil Street / Mungil Lake: Rs 1,980 per sq.ft (2024)
Stamp duty and registration fee for property in Poluchazur Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Poluchazur Main Road?
The Sub Registrar Office that covers Poluchazur Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the 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 a critical component in the registration process when buying or selling property in Pammal. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.
When a property is registered, the guideline value helps to determine the legal and financial responsibilities of both the buyer and seller. It is essential for buyers to be aware of the guideline value to understand the financial implications of their property transactions.
Frequently asked questions
What is the current guideline value of Poluchazur Main Road?
The current guideline value of Poluchazur Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has increased from Rs 185 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, marking an overall increase of 1386%.
What is the median guideline value for streets in Pammal?
The median guideline value for the 926 streets in Pammal under the Pammal SRO is Rs 2,090 per sq.ft, with Poluchazur Main Road's value being above this median.
What are the stamp duty and registration fees for properties on Poluchazur Main Road?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost would be Rs 2,47,500.
Where is the Sub Registrar Office for Poluchazur Main Road located?
The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.
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