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Guideline Value

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Guideline Value for Selva Vinayagar Koil Street (ward 2)

₹990/sq.ft.

The guideline value for Selva Vinayagar Koil Street (ward 2) in Thandalam village (Pammal SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 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

Thandalam

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /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 Selva Vinayagar Koil Street (ward 2)

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Selva Vinayagar Koil Street (ward 2) guideline value

The current guideline value for Selva Vinayagar Koil Street (ward 2) is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Thandalam village and falls under the Pammal SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Selva Vinayagar Koil Street (ward 2) has changed

In the 2017 revision, the guideline value was Rs 603 per sq.ft. This increased to Rs 900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 990 per sq.ft, which is 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 revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thandalam

In Thandalam, there are 56 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in this village is Rs 1,210 per sq.ft, making the guideline value for Selva Vinayagar Koil Street (ward 2) below the median.

Stamp duty and registration fee for property in Selva Vinayagar Koil Street (ward 2)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total cost to Rs 89,100. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Selva Vinayagar Koil Street (ward 2)?

Selva Vinayagar Koil Street (ward 2) is covered by 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 Thandalam

The guideline value is an essential factor when registering property transactions in Thandalam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold or bought, the guideline value is used to calculate the applicable fees, ensuring that the transaction is in compliance with legal requirements. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Selva Vinayagar Koil Street (ward 2)?

The current guideline value of Selva Vinayagar Koil Street (ward 2) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023, and then to Rs 990 per sq.ft in 2024. This reflects a 64% increase from 2017 to 2024.

What is the median guideline value in Thandalam?

The median guideline value in Thandalam is Rs 1,210 per sq.ft. Selva Vinayagar Koil Street (ward 2) has a guideline value below this median.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 9,90,000, the stamp duty would be Rs 69,300 and the registration fee would be Rs 19,800, totaling Rs 89,100. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Selva Vinayagar Koil Street (ward 2)?

The Pammal Sub Registrar Office handles registrations for Selva Vinayagar Koil Street (ward 2). It is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.