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Guideline Value

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Guideline Value for SRI DHANALAKSHMI NAGAR

₹1210/sq.ft.

The guideline value for Sri Dhanalakshmi Nagar in Thandalam village (Pammal SRO, Chengalpattu zone) is Rs 1210 per sq.ft, effective 1 July 2024. 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 N/A
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 Sri Dhanalakshmi Nagar

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Sri Dhanalakshmi Nagar guideline value

The current guideline value of Sri Dhanalakshmi 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 Sri Dhanalakshmi Nagar has changed

The guideline value for Sri Dhanalakshmi Nagar has undergone significant changes over the years. The 2017 revision set the value at Rs 737 per sq.ft, and the latest 2024 revision increased it to Rs 1,210 per sq.ft, marking a change of +64%. The register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for this street.

From the 2017 revision to the 2024 revision, the guideline value increased significantly, reflecting a notable rise in property valuation. The 2024 figure of Rs 1,210 per sq.ft is now equal to the median guideline value of Rs 1,210 per sq.ft for the 56 streets in Thandalam under the Pammal SRO.

Guideline values in Thandalam

In Thandalam, the guideline values range from Rs 880 to Rs 3,300 per sq.ft, with the median being Rs 1,210 per sq.ft. Sri Dhanalakshmi Nagar's 2024 figure aligns with this median. The following are the guideline values for other streets in Thandalam:

Stamp duty and registration fee for property in Sri Dhanalakshmi 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, bringing the total fees to Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Dhanalakshmi Nagar?

The Sub Registrar Office that covers Sri Dhanalakshmi Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Thandalam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must be aware that the guideline value is a reference point for these fees and is essential for the registration process.

When a property is sold, the guideline value is considered alongside the sale price. This ensures that the fees are calculated based on the higher amount, which protects the interests of the state in terms of revenue collection from property transactions.

Frequently asked questions

What is the current guideline value of Sri Dhanalakshmi Nagar?

The current guideline value of Sri Dhanalakshmi Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 737 per sq.ft to Rs 1,210 per sq.ft, which is a change of +64%.

What are the guideline values for other streets in Thandalam?

Other streets in Thandalam have varying guideline values, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for the area is Rs 1,210 per sq.ft.

What fees are associated with buying property in Sri Dhanalakshmi Nagar?

The fees associated with buying property include stamp duty at 7% of the guideline value and a registration fee at 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Sri Dhanalakshmi Nagar?

The Sub Registrar Office for Sri Dhanalakshmi Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.