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Guideline Value

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Guideline Value for Selva Vinayagar Koil Street (ward 4)

₹990/sq.ft.

The guideline value for Selva Vinayagar Koil Street (ward 4) 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 4)

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Selva Vinayagar Koil Street (ward 4) guideline value

The current guideline value of Selva Vinayagar Koil Street (ward 4) is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Thandalam village, under the Pammal Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Selva Vinayagar Koil Street (ward 4) 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 significant rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 990 per sq.ft, representing a further increase of 10% from the previous year.

The overall change from the 2017 revision to the 2024 revision is an increase of 64%. It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, 2012.

Guideline values in Thandalam

In Thandalam, there are 56 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,210 per sq.ft, which means that Selva Vinayagar Koil Street (ward 4) is below this median.

Stamp duty and registration fee for property in Selva Vinayagar Koil Street (ward 4)

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 amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total to Rs 89,100. It is important to note that the 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 Selva Vinayagar Koil Street (ward 4)?

The Sub Registrar Office that covers Selva Vinayagar Koil Street (ward 4) 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 Thandalam

The guideline value is a crucial factor when buying or selling property in Thandalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects the prevailing market conditions.

When you register a property, the stamp duty and registration fees are calculated based on 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 Selva Vinayagar Koil Street (ward 4)?

The current guideline value of Selva Vinayagar Koil Street (ward 4) is Rs 990 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 603 per sq.ft to Rs 990 per sq.ft in 2024, reflecting an overall increase of 64% over the seven years.

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

For a 1,000 sq.ft plot, the total guideline value would be 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.

Which office handles property registrations for Selva Vinayagar Koil Street (ward 4)?

The Pammal Sub Registrar Office handles property registrations for Selva Vinayagar Koil Street (ward 4), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Selva Vinayagar Koil Street (ward 4)?

The land classification for Selva Vinayagar Koil Street (ward 4) is Residential Class II Type - I, indicating its suitability for residential development.