Guideline Value

Corporate

Guideline Value for T.N.H.B Residential 5th Street

₹2420/sq.ft.

The guideline value for T.n.h.b Residential 5th Street 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 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 T.n.h.b Residential 5th Street

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T.N.H.B Residential 5th Street guideline value

The current guideline value of T.N.H.B Residential 5th Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - I.

How the guideline value of T.N.H.B Residential 5th Street has changed

The guideline value for T.N.H.B Residential 5th Street has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which was Rs 1,474 per sq.ft. This value increased significantly to Rs 2,200 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the value at Rs 2,420 per sq.ft, reflecting a further increase of 10% from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%.

Guideline values in Thiruneermalai

In Thiruneermalai village, 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 is Rs 2,420 per sq.ft, which is equal to the 2024 figure for T.N.H.B Residential 5th Street.

Stamp duty and registration fee for property in T.N.H.B Residential 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value amounts to Rs 24,20,000. The stamp duty at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total charges to Rs 2,17,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.N.H.B Residential 5th Street?

The T.N.H.B Residential 5th Street falls under the jurisdiction of 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 is a crucial factor when buying or selling property in Thiruneermalai. It determines the minimum price at which a property can be registered and is used to calculate the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official value set by the government. This process safeguards both the buyer and seller by providing a standard reference point for property transactions.

Frequently asked questions

What is the current guideline value of T.N.H.B Residential 5th Street?

The current guideline value of T.N.H.B Residential 5th Street 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 from Rs 1,474 per sq.ft in 2017 to Rs 2,420 per sq.ft in 2024, representing an overall increase of 64% over this period.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 24,20,000, the total stamp duty and registration fee would amount to Rs 2,17,800.

Which Sub Registrar Office handles the registration for T.N.H.B Residential 5th Street?

The Pammal Sub Registrar Office covers the registration for T.N.H.B Residential 5th Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for T.N.H.B Residential 5th Street?

The land classification for T.N.H.B Residential 5th Street is Residential Class I Type - I.