Guideline Value

Corporate

Guideline Value for Santhi Nagar IInd Lane

₹1760/sq.ft.

The guideline value for Santhi Nagar Iind Lane in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /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 Santhi Nagar Iind Lane

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Santhi Nagar IInd Lane guideline value

The current guideline value of Santhi Nagar IInd Lane is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - I.

How the guideline value of Santhi Nagar IInd Lane has changed

The guideline value for Santhi Nagar IInd Lane has seen several revisions over the years. The earliest available figure is from the 2017 revision at Rs 1,072 per sq.ft. This increased to Rs 1,600 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 1,760 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing Santhi Nagar IInd Lane's 2024 figure below this median.

Stamp duty and registration fee for property in Santhi Nagar IInd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, and the registration fee at 2% would be Rs 35,200. Together, the total cost for these fees would be Rs 1,58,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Santhi Nagar IInd Lane?

The Sub Registrar Office covering Santhi Nagar IInd Lane is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It determines the amount of stamp duty and registration fees that need to be paid, ensuring that the transaction is officially recorded and recognized by the government.

When a property is sold, the guideline value serves as a reference point for calculating the fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Santhi Nagar IInd Lane?

The current guideline value of Santhi Nagar IInd Lane is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, marking an overall increase of 64% over this period.

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

Other streets in Anakaputhur with the same guideline value of Rs 1,760 per sq.ft in 2024 include Santhi Nagar IIIrd Lane, Santhi Nagar Ist Lane, Santhi Nagar Ivth Lane, Santhi Nagar Main Road, Santhi Nagar VIIth Lane, and Santhi Nagar VIth Lane.

Where can I find the Sub Registrar Office for Santhi Nagar IInd Lane?

The Sub Registrar Office for Santhi Nagar IInd Lane is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Santhi Nagar IInd Lane?

Stamp duty for properties in Santhi Nagar IInd Lane is calculated at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.