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Guideline Value

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Guideline Value for Srinivasa Perumal Koil Street (ward 4)

₹1100/sq.ft.

The guideline value for Srinivasa Perumal Koil Street (ward 4) in Erandankattalai village (Pammal SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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

Erandankattalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /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 Srinivasa Perumal Koil Street (ward 4)

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Srinivasa Perumal Koil Street (ward 4) guideline value

The current guideline value of Srinivasa Perumal Koil Street (ward 4) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Erandankattalai village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Srinivasa Perumal Koil Street (ward 4) has changed

The guideline value for Srinivasa Perumal Koil Street (ward 4) has seen significant changes over the years. In the 2017 revision, the value was Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 has set the value at Rs 1,100 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 Erandankattalai

In Erandankattalai, there are 60 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 4,270 per sq.ft. The median value among these streets is Rs 1,100 per sq.ft, which is equal to the guideline value of Srinivasa Perumal Koil Street (ward 4).

Stamp duty and registration fee for property in Srinivasa Perumal Koil Street (ward 4)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees together to Rs 99,000. 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 Srinivasa Perumal Koil Street (ward 4)?

The Sub Registrar Office covering Srinivasa Perumal 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 information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Erandankattalai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions reflect the official valuation set by the authorities.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions, aligning with the established guideline values.

Frequently asked questions

What is the current guideline value of Srinivasa Perumal Koil Street (ward 4)?

The current guideline value of Srinivasa Perumal Koil Street (ward 4) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, representing a total increase of 64% over this period.

What are the other streets in Erandankattalai with the same guideline value?

Other streets in Erandankattalai with the same guideline value of Rs 1,100 per sq.ft include Srinivasa Perumal Koil Street (ward 5), Srinivasa Perumal Koil Street (ward 6), Sri Raghavendra Nagar, Sri Raghavendra Nagar Extn, Sri Ram Avenue, and Sri Chandrasekarapuram.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is charged at 2%. These fees are based on the higher of the guideline value or the sale price of the property.

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

The Sub Registrar Office covering Srinivasa Perumal Koil Street (ward 4) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.