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

Guideline Value

Corporate

Guideline Value for Sri Pandurangan Nagar Phaseh -I

₹100/sq.ft.

The guideline value for Sri Pandurangan Nagar Phaseh -i in Polambakkam village (Madurandakam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Polambakkam

Village

Madurandakam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹47 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹70 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹25 /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)

No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Pandurangan Nagar Phaseh -i

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

Sri Pandurangan Nagar Phaseh -I guideline value

The current guideline value of Sri Pandurangan Nagar Phaseh -I is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Polambakkam village under the Madurandakam Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Sri Pandurangan Nagar Phaseh -I has changed

The guideline value for Sri Pandurangan Nagar Phaseh -I has seen several revisions over the years. In the 2007 revision, the value was set at Rs 25 per sq.ft, which increased to Rs 70 per sq.ft in 2012. However, this was followed by a decrease to Rs 47 per sq.ft in 2017. The most recent revisions in 2023 and 2024 have maintained the value at Rs 100 per sq.ft, reflecting no change from the previous year. Notably, there are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased significantly by 113%. The jump from 2012 to 2017 was a decrease of 33%, while the increase from 2007 to 2012 was notable at 180%. Overall, from 2007 to 2024, the guideline value has increased by 300%.

Guideline values in Polambakkam

In Polambakkam, there are 14 streets under the Madurandakam SRO that have a 2024 guideline value ranging from Rs 100 to Rs 400 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Sri Pandurangan Nagar Phaseh -I is below this median.

Stamp duty and registration fee for property in Sri Pandurangan Nagar Phaseh -I

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, together totaling Rs 9,000. 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 details.

Which Sub Registrar Office covers Sri Pandurangan Nagar Phaseh -I?

The Sub Registrar Office that covers Sri Pandurangan Nagar Phaseh -I is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. To find more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process of property transactions in Polambakkam. It determines the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs in any property transaction. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Pandurangan Nagar Phaseh -I?

The current guideline value of Sri Pandurangan Nagar Phaseh -I is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 25 per sq.ft in 2007 to Rs 100 per sq.ft in 2024, reflecting an overall increase of 300% over the years.

What is the stamp duty rate for properties in Sri Pandurangan Nagar Phaseh -I?

The stamp duty rate for properties in Sri Pandurangan Nagar Phaseh -I is 7% of the guideline value or sale price, whichever is higher.

Which office handles the registration for Sri Pandurangan Nagar Phaseh -I?

The Madurandakam Sub Registrar Office handles the registration for Sri Pandurangan Nagar Phaseh -I, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

What are the other streets in Polambakkam with guideline values?

Other streets in Polambakkam include Sri Pandurangan Nagar Phaseh -II, Sri Mahalakshmi Nagar, Sri Lakshmi Nagar, Sri Jaya Avenue, Sri Ganapathy Nagar, and Thillai Nagar, with varying guideline values ranging from Rs 100 to Rs 275 per sq.ft.