Guideline Value

Corporate

Guideline Value for Santhi Nagar Ist Lane

₹1760/sq.ft.

The guideline value for Santhi Nagar Ist 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 Ist Lane

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Santhi Nagar Ist Lane guideline value

The current guideline value of Santhi Nagar Ist Lane is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village and falls under the Pammal SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Santhi Nagar Ist Lane has changed

The guideline value for Santhi Nagar Ist Lane has seen several revisions over the years. The 2017 revision set the value at Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the value to Rs 1,760 per sq.ft, marking a 10% increase from the previous year. The overall change from the 2017 revision to the 2024 revision is a significant increase of 64%.

There are no registered figures for the years 2002, 2003, 2007, and 2012 for this street. This indicates that the guideline value was not established for those years.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry 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 Ist Lane's current value below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, while the registration fee at 2% would be Rs 35,200, bringing the total to 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 precise calculations.

Which Sub Registrar Office covers Santhi Nagar Ist Lane?

The Sub Registrar Office that covers Santhi Nagar Ist Lane is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during property transactions in Anakaputhur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property, which is essential for both buyers and sellers. It is important to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

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

The current guideline value of Santhi Nagar Ist 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 stamp duty and registration fees for property in Santhi Nagar Ist Lane?

For a property valued at Rs 17,60,000, the stamp duty would be Rs 1,23,200 and the registration fee would be Rs 35,200, totaling Rs 1,58,400.

Which Sub Registrar Office is responsible for Santhi Nagar Ist Lane?

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

How is the guideline value used in property transactions?

The guideline value is used as a minimum benchmark for property registration, ensuring that appropriate stamp duty and registration fees are collected. It helps both buyers and sellers assess the fair value of properties during transactions.