Guideline Value

Corporate

Guideline Value for THULUKANATHAMMAN 14th CROOS ST

₹1980/sq.ft.

The guideline value for Thulukanathamman 14th Croos St in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Thulukanathamman 14th Croos St

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THULUKANATHAMMAN 14th CROOS ST guideline value

The current guideline value of THULUKANATHAMMAN 14th CROOS ST is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village under the Chennai South Joint I SRO and is classified as Residential Class III Type - I.

How the guideline value of THULUKANATHAMMAN 14th CROOS ST has changed

The guideline value for THULUKANATHAMMAN 14th CROOS ST has seen several revisions over the years. The earliest recorded value is from 2012, which was Rs 1,800 per sq.ft. This was followed by a decrease to Rs 1,206 per sq.ft in 2017. However, the value increased significantly to Rs 1,800 per sq.ft in 2023, and then further rose to the current rate of Rs 1,980 per sq.ft in 2024, marking a 10% increase from the previous year.

In summary, from 2012 to 2024, the overall change in guideline value is +10%. The changes between the revisions are as follows: a 49% increase from 2017 to 2023, and a 33% decrease from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,110 to Rs 8,580 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of THULUKANATHAMMAN 14th CROOS ST is above this median.

Stamp duty and registration fee for property in THULUKANATHAMMAN 14th CROOS ST

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 amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, resulting in a total of Rs 1,78,200. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers THULUKANATHAMMAN 14th CROOS ST?

The Sub Registrar Office that covers THULUKANATHAMMAN 14th CROOS ST is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Pallikaranai, as it determines the minimum value at which a property can be registered. It serves as a benchmark for calculating stamp duty and registration fees, which are essential for legal ownership transfer.

When a property is sold, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions, maintaining transparency and accountability in real estate dealings.

Frequently asked questions

What is the current guideline value of THULUKANATHAMMAN 14th CROOS ST?

The current guideline value of THULUKANATHAMMAN 14th CROOS ST is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification of THULUKANATHAMMAN 14th CROOS ST?

THULUKANATHAMMAN 14th CROOS ST is classified as Residential Class III Type - I.

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

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which office handles registrations for THULUKANATHAMMAN 14th CROOS ST?

The Chennai South Joint I Sub Registrar Office handles registrations for THULUKANATHAMMAN 14th CROOS ST, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.