Guideline Value for THENNANTHOPE 3 TO 4 STREETS

Thennanthope 3 To 4 Streets guideline value

The current guideline value of Thennanthope 3 To 4 Streets is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village, under the Pallavaram SRO, and is classified as Residential Class I Type - II.

How the guideline value of Thennanthope 3 To 4 Streets has changed

Over the years, the guideline value for Thennanthope 3 To 4 Streets has seen several revisions. The earliest recorded figure is from 2012, which was Rs 3,000 per sq.ft. This was followed by a decrease in 2017 to Rs 2,010 per sq.ft, marking a reduction of 33%. In 2023, the value increased to Rs 3,000 per sq.ft, and then saw a further rise to Rs 3,300 per sq.ft in 2024, reflecting a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 3,000 per sq.ft. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Zaminpallavaram

Zaminpallavaram has a total of 638 streets under the Pallavaram SRO, with the 2024 guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value is Rs 3,300 per sq.ft, which is equal to the current guideline value of Thennanthope 3 To 4 Streets.

• Thennandhoppu 2nd Street: Rs 3,300 per sq.ft (2024)
• Thennandhoppu 1st Street: Rs 3,300 per sq.ft (2024)
• Thiripurasundari Colony: Rs 2,750 per sq.ft (2024)
• Thiruchandur Nagar: Rs 3,300 per sq.ft (2024)
• Telephone Exchange Qurs.: Rs 3,300 per sq.ft (2024)
• Thirumurugan Nagar: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Thennanthope 3 To 4 Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total cost to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thennanthope 3 To 4 Streets?

The Sub Registrar Office that covers Thennanthope 3 To 4 Streets is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Zaminpallavaram. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the financial implications of the transaction. Buyers and sellers must be aware of these values to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Thennanthope 3 To 4 Streets?

The current guideline value of Thennanthope 3 To 4 Streets is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then back to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,300 per sq.ft in 2024.

What is the land classification for Thennanthope 3 To 4 Streets?

Thennanthope 3 To 4 Streets is classified as Residential Class I Type - II.

Where is the Sub Registrar Office located?

The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Thennanthope 3 To 4 Streets?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a stamp duty of Rs 2,31,000.