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Guideline Value

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Guideline Value for THULUKANATHAMMAN KOIL 2nd STREET.

₹1980/sq.ft.

The guideline value for Thulukanathamman Koil 2nd Street. in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. 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 N/A
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 Koil 2nd Street.

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THULUKANATHAMMAN KOIL 2nd STREET. guideline value

The current guideline value of THULUKANATHAMMAN KOIL 2nd STREET. is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of THULUKANATHAMMAN KOIL 2nd STREET. has changed

Over the years, the guideline value for THULUKANATHAMMAN KOIL 2nd STREET. has undergone several revisions. The 2012 revision set the value at Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in the 2017 revision, marking a decline of 33%. However, the most recent revision in 2024 has seen a significant increase to Rs 1,980 per sq.ft, which is a rise of 64% from the 2017 figure.

Overall, comparing the values from 2012 to 2024, there has been a modest increase of 10%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Pallikaranai

Pallikaranai has a total of 749 streets under the Chennai South Joint I SRO, with 2024 guideline values ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value in this area is Rs 1,650 per sq.ft, placing THULUKANATHAMMAN KOIL 2nd STREET. above this median at Rs 1,980 per sq.ft.

Stamp duty and registration fee for property in THULUKANATHAMMAN KOIL 2nd STREET.

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to 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, bringing the total cost for these fees to Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers THULUKANATHAMMAN KOIL 2nd STREET.?

The Sub Registrar Office that covers THULUKANATHAMMAN KOIL 2nd STREET. 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, Chennai registration zone.

To find more details, you can find your SRO.

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

When buying or selling property in Pallikaranai, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is properly documented and taxed.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. Understanding these values helps in making informed decisions regarding property transactions in the area.

Frequently asked questions

What is the current guideline value of THULUKANATHAMMAN KOIL 2nd STREET.?

The current guideline value of THULUKANATHAMMAN KOIL 2nd STREET. 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, and then increased to Rs 1,980 per sq.ft in 2024.

What is the land classification for THULUKANATHAMMAN KOIL 2nd STREET.?

THULUKANATHAMMAN KOIL 2nd STREET. is classified as Residential Class III Type - I.

What are the stamp duty and registration fees for property 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 the registration for THULUKANATHAMMAN KOIL 2nd STREET.?

The Chennai South Joint I Sub Registrar Office handles the registration for THULUKANATHAMMAN KOIL 2nd STREET., located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.