Guideline Value for T.L. Raghupathy Street, Pasumpon Nagar

T.L. Raghupathy Street, Pasumpon Nagar guideline value

The current guideline value of T.L. Raghupathy Street, Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO, classified as Residential Class II Type - II.

How the guideline value of T.L. Raghupathy Street, Pasumpon Nagar has changed

In the 2017 revision, the guideline value was Rs 1,206 per sq.ft. With the 2024 revision, this value increased by 64% to Rs 1,980 per sq.ft. The register has no figure for T.L. Raghupathy Street for the years 2023, 2012, 2007, 2003, and 2002.

This significant increase reflects the changes in the guideline value over the years. The 2024 figure marks a notable rise from the previous revision in 2017.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft, with a median value of Rs 2,090 per sq.ft. T.L. Raghupathy Street's 2024 figure is below this median.

• T.R.Mani Street, V.O.C Nagar: Rs 2,750 per sq.ft (2024)
• Thulasingam Street, Samundeswari Nagar: Rs 1,980 per sq.ft (2024)
• Thomas Raj Street, Moovendhar Nagar: Rs 1,980 per sq.ft (2024)
• Tholkappier Street, Pammal: Rs 1,980 per sq.ft (2024)
• Tholkapiyar Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Thiru.Ve.Ka. Street / Thiruvalluvar Nagar: Rs 2,475 per sq.ft (2024)

Stamp duty and registration fee for property in T.L. Raghupathy Street, Pasumpon Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600. Together, the total cost for stamp duty and registration would be Rs 1,78,200. 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 T.L. Raghupathy Street, Pasumpon Nagar?

The Sub Registrar Office that covers T.L. Raghupathy Street, Pasumpon Nagar 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 Pammal

The guideline value is a crucial factor during the registration of property transactions in Pammal. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it directly impacts the costs associated with the transaction. The guideline value ensures transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of T.L. Raghupathy Street?

The current guideline value of T.L. Raghupathy Street, Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since the last revision?

The guideline value increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, marking a change of 64%.

What is the classification of T.L. Raghupathy Street?

T.L. Raghupathy Street is classified as Residential Class II Type - II under the Pammal SRO.

What is the median guideline value for streets in Pammal?

The median guideline value for streets in Pammal is Rs 2,090 per sq.ft, while T.L. Raghupathy Street's 2024 figure is below this median.

Where is the Pammal Sub Registrar Office located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.