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Guideline Value

Corporate

Guideline Value for Raja Koil Street (ward 9)

₹1100/sq.ft.

The guideline value for Raja Koil Street (ward 9) in Tharapakkam village (Pammal SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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

Tharapakkam

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /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 Raja Koil Street (ward 9)

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Raja Koil Street (ward 9) guideline value

The current guideline value of Raja Koil Street (ward 9) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Tharapakkam village and falls under the Pammal SRO with a land classification of Residential Class I Type - I.

How the guideline value of Raja Koil Street (ward 9) has changed

In the 2017 revision, the guideline value was Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% rise. With the upcoming 2024 revision, the guideline value will further increase to Rs 1,100 per sq.ft, reflecting a 10% change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Tharapakkam

In Tharapakkam, there are 47 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,000 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which is equal to the 2024 figure for Raja Koil Street (ward 9).

Stamp duty and registration fee for property in Raja Koil Street (ward 9)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total fees Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Raja Koil Street (ward 9)?

The Sub Registrar Office that covers Raja Koil Street (ward 9) 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Tharapakkam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are documented at an official value.

When a property is sold, the guideline value helps in establishing the legal framework for the transaction, providing transparency and accountability. Buyers and sellers must be aware of these values to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Raja Koil Street (ward 9)?

The current guideline value of Raja Koil Street (ward 9) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and it will rise to Rs 1,100 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the median guideline value in Tharapakkam?

The median guideline value in Tharapakkam for the year 2024 is Rs 1,100 per sq.ft, which is the same as the guideline value for Raja Koil Street (ward 9).

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000. The duty is charged on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office located for Raja Koil Street (ward 9)?

The Sub Registrar Office for Raja Koil Street (ward 9) is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.