Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for SANKAR NAGAR 1 TO 3 STREETS

₹3850/sq.ft.

The guideline value for Sankar Nagar 1 To 3 Streets in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3750 per sq.ft from 1 April 2023, a 3% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 ₹3750 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Sankar Nagar 1 To 3 Streets

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sankar Nagar 1 To 3 Streets guideline value

The current guideline value for Sankar Nagar 1 To 3 Streets is Rs 3,850 per sq.ft, effective from 1 July 2024. This area is located in Zaminpallavaram village, under the Pallavaram SRO, and is classified as Mixed Type - I land.

How the guideline value of Sankar Nagar 1 To 3 Streets has changed

In the 2012 revision, the guideline value was set at Rs 3,500 per sq.ft. This increased to Rs 3,750 per sq.ft in the 2023 revision, marking a 7% rise. The most recent revision in 2024 has further increased the value to Rs 3,850 per sq.ft, reflecting a 3% change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2017 for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. This consistent increase indicates a gradual adjustment in the valuation of properties in this area.

Guideline values in Zaminpallavaram

Zaminpallavaram village has a total of 638 streets under the Pallavaram SRO, with guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value in this area is Rs 3,300 per sq.ft, placing the 2024 figure for Sankar Nagar 1 To 3 Streets above this median.

Stamp duty and registration fee for property in Sankar Nagar 1 To 3 Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total cost for these fees to Rs 3,46,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sankar Nagar 1 To 3 Streets?

The Sub Registrar Office that covers Sankar Nagar 1 To 3 Streets is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, 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 Zaminpallavaram

The guideline value is a crucial factor during property registration in Zaminpallavaram. It determines the minimum value at which a property can be registered, influencing the stamp duty and registration fees that buyers must pay.

When buying or selling property, it is essential to be aware of the guideline value as it affects the overall transaction costs. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Sankar Nagar 1 To 3 Streets?

The current guideline value for Sankar Nagar 1 To 3 Streets is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 3,750 per sq.ft in 2023, and then to Rs 3,850 per sq.ft in 2024. The overall increase from 2012 to 2024 is 10%.

What is the land classification for Sankar Nagar 1 To 3 Streets?

Sankar Nagar 1 To 3 Streets is classified as Mixed Type - I land. This classification can affect the types of developments allowed in the area.

Where is the Sub Registrar Office for this area located?

The Sub Registrar Office for Sankar Nagar 1 To 3 Streets is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044. This office handles all property registrations for the area.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 38,50,000, the stamp duty would be calculated at 7% of this amount.