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Guideline Value

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Guideline Value for Sargunar Salai, Nagelkeni

₹1980/sq.ft.

The guideline value for Sargunar Salai, Nagelkeni in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /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 Sargunar Salai, Nagelkeni

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Sargunar Salai, Nagelkeni guideline value

The current guideline value of Sargunar Salai, Nagelkeni is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, classified as Residential Class II Type - II.

How the guideline value of Sargunar Salai, Nagelkeni has changed

Over the years, the guideline value of Sargunar Salai has seen significant changes. The 2017 revision recorded a guideline value of Rs 1,206 per sq.ft, which increased to Rs 1,800 per sq.ft in the 2023 revision. The latest revision in 2024 has further raised this value to Rs 1,980 per sq.ft, marking a 10% increase from the previous year. There are no figures available in the register for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and overall, from 2017 to 2024, it has risen by 64%. This trend reflects the changes in the valuation of properties in the area, with the current rate being the highest recorded for this street.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which means that Sargunar Salai's 2024 figure is below this median.

Stamp duty and registration fee for property in Sargunar Salai, Nagelkeni

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, while the registration fee at 2% would be Rs 39,600. Together, the total cost for stamp duty and registration would be Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sargunar Salai, Nagelkeni?

The Sub Registrar Office that covers Sargunar Salai, Nagelkeni is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Pammal. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling a property. The guideline value ensures that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer and seller must consider the guideline value for registration purposes. If the sale price is higher than the guideline value, the stamp duty will be calculated based on the sale price instead. This ensures that the transaction is recorded accurately and fairly in the official registers.

Frequently asked questions

What is the current guideline value of Sargunar Salai, Nagelkeni?

The current guideline value of Sargunar Salai, Nagelkeni is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the other streets with similar guideline values in Pammal?

Other streets in Pammal with similar guideline values include Sargunam Street and Sastri Street, Dr.Ambedhar Nagar, both at Rs 1,980 per sq.ft in 2024.

What is the registration fee for properties in Sargunar Salai?

The registration fee for properties in Sargunar Salai is calculated at 2% of the guideline value. For a property valued at Rs 19,80,000, the registration fee would be Rs 39,600.

Where can I find the Sub Registrar Office for Sargunar Salai?

The Sub Registrar Office for Sargunar Salai, Nagelkeni is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.