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

Guideline Value

Corporate

Guideline Value for Subburaya Nagar 2nd Main Road

₹2420/sq.ft.

The guideline value for Subburaya Nagar 2nd Main Road in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2420 per sq.ft, effective 1 July 2024. It was Rs 2200 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

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹242 /sq.ft.
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 Subburaya Nagar 2nd Main Road

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

Subburaya Nagar 2nd Main Road guideline value

The current guideline value of Subburaya Nagar 2nd Main Road is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Subburaya Nagar 2nd Main Road has changed

The guideline value for Subburaya Nagar 2nd Main Road has seen significant changes over the years. In the 2003 revision, the guideline value was Rs 242 per sq.ft. This increased to Rs 350 per sq.ft in 2007, marking a change of 45%. The value then surged to Rs 1,474 per sq.ft in 2017, reflecting a remarkable increase of 321%. Following this, the 2023 revision set the value at Rs 2,200 per sq.ft, which was a 49% rise from the previous figure. The most recent revision in 2024 has established the current guideline value at Rs 2,420 per sq.ft, a 10% increase from 2023.

It is important to note that there are no figures available for the years 2002 and 2012 for this street. Overall, from 2003 to 2024, the guideline value has increased by 900%.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median guideline value for these streets is Rs 2,420 per sq.ft, which is equal to the current value of Subburaya Nagar 2nd Main Road.

Stamp duty and registration fee for property in Subburaya Nagar 2nd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value would be Rs 24,20,000. The stamp duty at 7% would amount to Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, making a total of Rs 2,17,800. It's 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 further calculations.

Which Sub Registrar Office covers Subburaya Nagar 2nd Main Road?

The Sub Registrar Office that covers Subburaya Nagar 2nd Main Road is 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 Thiruneermalai

The guideline value plays a crucial role during the registration of property transactions in Thiruneermalai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions, reflecting the value of the property as determined by the guideline value register.

Frequently asked questions

What is the current guideline value of Subburaya Nagar 2nd Main Road?

The current guideline value of Subburaya Nagar 2nd Main Road is Rs 2,420 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 242 per sq.ft in 2003 to Rs 2,420 per sq.ft in 2024, which is a total increase of 900% over the years.

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

Other streets in Thiruneermalai with the same guideline value of Rs 2,420 per sq.ft include Subburaya Nagar 2nd Cross Street, Subburaya Nagar 2nd Street, Subburaya Nagar 1st Street, Subburaya Nagar 3rd Street, Subburaya Nagar 1st Main Road, and Subburaya Nagar 4th Street.

What are the stamp duty and registration fees for property in Subburaya Nagar 2nd Main Road?

The stamp duty for property in Subburaya Nagar 2nd Main Road is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,17,800.

Which office handles the registration for Subburaya Nagar 2nd Main Road?

The Pammal Sub Registrar Office handles the registration for Subburaya Nagar 2nd Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.