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Guideline Value

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Guideline Value for THAI KANNIYAMMAL NAGAR EXTENSION III

₹770/sq.ft.

The guideline value for Thai Kanniyammal Nagar Extension Iii in Pazhanthandalam village (Padappai SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pazhanthandalam

Village

Padappai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Thai Kanniyammal Nagar Extension Iii

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Thai Kanniyammal Nagar Extension III guideline value

The current guideline value of Thai Kanniyammal Nagar Extension III is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Pazhanthandalam village, under the Padappai Sub Registrar Office (SRO). The land classification for this region is Residential Special Type - II.

How the guideline value of Thai Kanniyammal Nagar Extension III has changed

The guideline value for Thai Kanniyammal Nagar Extension III has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 700 per sq.ft. In 2017, this value decreased to Rs 469 per sq.ft, marking a decline of 33%. The value then increased to Rs 700 per sq.ft in 2023, followed by a rise to Rs 770 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2024, the overall change in the guideline value is an increase of 10%. The 2023 revision saw a significant increase of 49% from the 2017 figure. The current guideline value of Rs 770 per sq.ft is now established as the latest figure from the 2024 revision.

Guideline values in Pazhanthandalam

In Pazhanthandalam, there are 57 streets under the Padappai SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 1,980 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, making the current guideline value of Thai Kanniyammal Nagar Extension III below this median.

Stamp duty and registration fee for property in Thai Kanniyammal Nagar Extension III

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty, charged at 7%, would amount to Rs 53,900, while the registration fee at 2% would be Rs 15,400, leading to a total cost of Rs 69,300 for these fees. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thai Kanniyammal Nagar Extension III?

The Thai Kanniyammal Nagar Extension III is covered by the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Pazhanthandalam. 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 registered, the guideline value is used to calculate the fees based on the higher value between the guideline and the sale price. This ensures that the appropriate taxes are collected during the registration process.

Frequently asked questions

What is the current guideline value of Thai Kanniyammal Nagar Extension III?

The current guideline value of Thai Kanniyammal Nagar Extension III is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What is the land classification for Thai Kanniyammal Nagar Extension III?

The land classification for Thai Kanniyammal Nagar Extension III is Residential Special Type - II.

Where can I find the registration office for this area?

The registration office covering Thai Kanniyammal Nagar Extension III is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a plot of 1,000 sq.ft at the current rate, the total guideline value would be Rs 7,70,000, with stamp duty and registration fees calculated accordingly.