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Guideline Value

Corporate

Guideline Value for Rajiv Gandhi 1st Street

₹2200/sq.ft.

The guideline value for Rajiv Gandhi 1st Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /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 Rajiv Gandhi 1st Street

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Rajiv Gandhi 1st Street guideline value

The current guideline value of Rajiv Gandhi 1st Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of Rajiv Gandhi 1st Street has changed

The guideline value for Rajiv Gandhi 1st Street has seen several revisions over the years. The earliest recorded figure is from 2017, which was Rs 1,340 per sq.ft. This value increased to Rs 2,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 2,200 per sq.ft, reflecting a further increase of 10% from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for Rajiv Gandhi 1st Street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median guideline value for these streets is Rs 2,420 per sq.ft, placing Rajiv Gandhi 1st Street's 2024 figure below this median.

Stamp duty and registration fee for property in Rajiv Gandhi 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees together to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations based on your property details.

Which Sub Registrar Office covers Rajiv Gandhi 1st Street?

The Sub Registrar Office that covers Rajiv Gandhi 1st Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of properties in Thiruneermalai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during property transactions. Buyers and sellers must be aware of these values to ensure compliance with local regulations.

When a property is registered, the guideline value is considered to ensure that the correct amount of stamp duty is collected. This value is essential for both buyers and sellers to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Rajiv Gandhi 1st Street?

The current guideline value of Rajiv Gandhi 1st Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 64% over the years.

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

Other streets in Thiruneermalai that share the same guideline value of Rs 2,200 per sq.ft for 2024 include Rajiv Gandhi 2nd Street, Rajiv Gandhi 3rd Street, and Rajeev Gandhi Nagar (All Streets).

What is the median guideline value for streets in Thiruneermalai?

The median guideline value for streets in Thiruneermalai is Rs 2,420 per sq.ft, which is higher than the current value of Rajiv Gandhi 1st Street.

Where can I find the Sub Registrar Office for Rajiv Gandhi 1st Street?

The Sub Registrar Office covering Rajiv Gandhi 1st Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.