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Guideline Value

Corporate

Guideline Value for THULULKANATHAMMAN KOIL 7 TO 10TH STREET

₹1980/sq.ft.

The guideline value for Thululkanathamman Koil 7 To 10th Street 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 ₹900 /sq.ft.
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 Thululkanathamman Koil 7 To 10th Street

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Thululkanathamman Koil 7 To 10th Street guideline value

The current guideline value of Thululkanathamman Koil 7 To 10th Street 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 Thululkanathamman Koil 7 To 10th Street has changed

The guideline value for Thululkanathamman Koil 7 To 10th Street has seen several revisions over the years. In 2007, the value was Rs 900 per sq.ft, which increased to Rs 1,800 per sq.ft in 2012, marking a 100% rise. However, it then decreased to Rs 1,206 per sq.ft in 2017, a decline of 33%. The value jumped significantly to Rs 1,800 per sq.ft in 2023, and further increased by 10% to reach the current rate of Rs 1,980 per sq.ft in 2024.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that have 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 Thululkanathamman Koil 7 To 10th Street is above this median.

Stamp duty and registration fee for property in Thululkanathamman Koil 7 To 10th 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 to Rs 1,78,200. It is important to note that the 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 information.

Which Sub Registrar Office covers Thululkanathamman Koil 7 To 10th Street?

The Sub Registrar Office that covers Thululkanathamman Koil 7 To 10th 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. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pallikaranai. It serves as a reference point for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the buyer must pay the stamp duty based on the higher value between the guideline value and the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Thululkanathamman Koil 7 To 10th Street?

The current guideline value for Thululkanathamman Koil 7 To 10th 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 900 per sq.ft in 2007 to Rs 1,980 per sq.ft in 2024, reflecting an overall increase of 120% over the years.

What is the land classification for this street?

Thululkanathamman Koil 7 To 10th Street is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Thululkanathamman Koil 7 To 10th Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

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

Stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, for a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 at 7%.