Guideline Value

Corporate

Guideline Value for R.K. Vallarasu Nagar

₹1210/sq.ft.

The guideline value for R.k. Vallarasu Nagar in Thandalam village (Pammal SRO, Chengalpattu zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thandalam

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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 R.k. Vallarasu Nagar

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R.K. Vallarasu Nagar guideline value

The current guideline value of R.K. Vallarasu Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024. This area is located in Thandalam village under the Pammal SRO and is classified as Residential Class I Type - I.

How the guideline value of R.K. Vallarasu Nagar has changed

Over the years, the guideline value for R.K. Vallarasu Nagar has seen significant changes. The 2017 revision recorded a value of Rs 737 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 has further raised the guideline value to Rs 1,210 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 registered figures for this street in the years 2002, 2003, 2007, and 2012.

Guideline values in Thandalam

Thandalam village has a total of 56 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,210 per sq.ft, which is equal to the current value of R.K. Vallarasu Nagar.

Stamp duty and registration fee for property in R.K. Vallarasu Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, making the total cost of duty Rs 1,08,900. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information on applicable fees.

Which Sub Registrar Office covers R.K. Vallarasu Nagar?

The Sub Registrar Office that covers R.K. Vallarasu Nagar 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 details.

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

The guideline value is a crucial factor in the registration process of property transactions in Thandalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and fairly.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction. This ensures that all parties are aware of the financial obligations involved in the property transfer.

Frequently asked questions

What is the current guideline value of R.K. Vallarasu Nagar?

The current guideline value of R.K. Vallarasu Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, which is a total increase of 64% over these years.

What is the registration office for R.K. Vallarasu Nagar?

The registration office for R.K. Vallarasu Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Thandalam?

Stamp duty for properties in Thandalam is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700.

What are the other streets in Thandalam with guideline values?

Other streets in Thandalam include Selva Vinayagar Koil Street, Pillaiyar Koil Street, and Periyar Cross Street, among others, with guideline values ranging from Rs 990 to Rs 1,210 per sq.ft.