Guideline Value

Corporate

Guideline Value for SENTHAMIL NAGAR EXTN.

₹1320/sq.ft.

The guideline value for Senthamil Nagar Extn. in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹100 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹43 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Senthamil Nagar Extn.

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Senthamil Nagar Extn. guideline value

The current guideline value of Senthamil Nagar Extn. is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is located in Pallikaranai village, under the Chennai South Joint I SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Senthamil Nagar Extn. has changed

The guideline value for Senthamil Nagar Extn. has seen significant changes over the years. In 2002, the guideline value was Rs 43 per sq.ft. It increased to Rs 100 per sq.ft in 2003, marking a 133% rise. The value then jumped to Rs 400 per sq.ft in 2007, reflecting a 300% increase. Following this, the 2012 revision set the value at Rs 1,200 per sq.ft, which was a 200% increase from the previous figure. However, the value decreased to Rs 804 per sq.ft in 2017, showing a decline of 33%.

In 2023, the guideline value rose to Rs 1,200 per sq.ft, and the most recent revision in 2024 has set it at Rs 1,320 per sq.ft, which is a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 2,970%.

Guideline values in Pallikaranai

Pallikaranai village has a total of 749 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing Senthamil Nagar Extn.'s 2024 figure below this median.

Stamp duty and registration fee for property in Senthamil Nagar Extn.

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Senthamil Nagar Extn.?

The Sub Registrar Office that covers Senthamil Nagar Extn. is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration process for property transactions in Pallikaranai. It serves as a benchmark for determining the minimum value at which a property must be registered, ensuring compliance with local regulations.

When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher value between the guideline value and the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Senthamil Nagar Extn.?

The current guideline value for Senthamil Nagar Extn. is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 43 per sq.ft in 2002 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 2,970% over this period.

What are the stamp duty and registration fees for property in Senthamil Nagar Extn.?

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400, and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Which Sub Registrar Office covers Senthamil Nagar Extn.?

The Chennai South Joint I Sub Registrar Office covers Senthamil Nagar Extn., located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

Where can I find more information about the guideline values in Pallikaranai?

You can find more information about guideline values in Pallikaranai by checking the official registration department's guideline value register or visiting the relevant links for specific streets.