Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sivagamiammal Colony 1st Cross St.

₹2970/sq.ft.

The guideline value for Sivagamiammal Colony 1st Cross St. in Hastinapuram village (Pallavaram SRO, Chengalpattu zone) is Rs 2970 per sq.ft, effective 1 July 2024. It was Rs 2700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Hastinapuram

Village

Pallavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2970 /sq.ft.
From 1-4-2023 ₹2700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1809 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Sivagamiammal Colony 1st Cross St.

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sivagamiammal Colony 1st Cross St. guideline value

The current guideline value for Sivagamiammal Colony 1st Cross St. is Rs 2,970 per sq.ft. This street is located in Hastinapuram village under the Pallavaram SRO, classified as Residential Class I Type - I.

How the guideline value of Sivagamiammal Colony 1st Cross St. has changed

The guideline value for Sivagamiammal Colony 1st Cross St. has seen several revisions over the years. In 2007, the value was Rs 700 per sq.ft, which increased significantly to Rs 2,700 per sq.ft in 2012. However, it dropped to Rs 1,809 per sq.ft in 2017. The value then rose again to Rs 2,700 per sq.ft in 2023, and currently stands at Rs 2,970 per sq.ft from the 2024 revision, effective from 1 July 2024. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%. The jump from 2023 to 2024 represents a 10% increase. Overall, from 2007 to 2024, the guideline value has increased by 324%, highlighting the significant changes over the years.

Guideline values in Hastinapuram

In Hastinapuram, there are 277 streets under the Pallavaram SRO, with guideline values ranging from Rs 1,650 to Rs 4,400 per sq.ft. The median value is Rs 2,970 per sq.ft, which is the same as the current guideline value for Sivagamiammal Colony 1st Cross St.

Stamp duty and registration fee for property in Sivagamiammal Colony 1st Cross St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,970 per sq.ft, the total guideline value amounts to Rs 29,70,000. The stamp duty, charged at 7%, would be Rs 2,07,900, and the registration fee at 2% would be Rs 59,400. Together, these fees total Rs 2,67,300. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sivagamiammal Colony 1st Cross St.?

The Sub Registrar Office that covers Sivagamiammal Colony 1st Cross St. is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

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

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. It is important to note that the duty is charged on the higher of the guideline value or the actual sale price, which protects the interests of the state in property transactions.

Frequently asked questions

What is the current guideline value for Sivagamiammal Colony 1st Cross St.?

The current guideline value for Sivagamiammal Colony 1st Cross St. is Rs 2,970 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 700 per sq.ft in 2007 to Rs 2,970 per sq.ft in 2024, with various revisions in between.

What is the stamp duty for properties in Sivagamiammal Colony 1st Cross St.?

The stamp duty for properties in Sivagamiammal Colony 1st Cross St. is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Sivagamiammal Colony 1st Cross St. is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

What is the land classification for Sivagamiammal Colony 1st Cross St.?

The land classification for Sivagamiammal Colony 1st Cross St. is Residential Class I Type - I.