Guideline Value for Teacher Samuel Street, Pammal

Teacher Samuel Street, Pammal guideline value

The current guideline value of Teacher Samuel Street, Pammal is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village under the Pammal SRO and is classified as Residential Class II Type - II.

How the guideline value of Teacher Samuel Street, Pammal has changed

The guideline value register has no figures for Teacher Samuel Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 1,980 per sq.ft.

There have been no changes between the revisions above, as the only figure available is from 2024. The previous years listed do not provide any guideline value for this street.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value is Rs 2,090 per sq.ft, making the 2024 value for Teacher Samuel Street below this median.

• Teacher Chinnaswamy Street, Sambandhanar Nagar: Rs 1,980 per sq.ft (2024)
• T.Durairaj Street, Gandhi Nagar Extn: Rs 2,475 per sq.ft (2024)
• Swami Vivekanadar Street: Rs 1,760 per sq.ft (2024)
• Swaminathan Nagar (All Streets): Rs 1,870 per sq.ft (2024)
• Thakerar Street/Muthamzhi Nagar: Rs 2,475 per sq.ft (2024)
• Thandai Periyar 1st Cross Street /Sholavaram Nagar: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Teacher Samuel Street, Pammal

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 be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Teacher Samuel Street, Pammal?

The Sub Registrar Office covering Teacher Samuel Street, Pammal is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pammal. It is used to determine the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the value of the property being transacted.

Frequently asked questions

What is the current guideline value of Teacher Samuel Street, Pammal?

The current guideline value of Teacher Samuel Street, Pammal is Rs 1,980 per sq.ft, effective from 1 July 2024.

Are there any previous guideline values for Teacher Samuel Street?

The guideline value register has no figures for Teacher Samuel Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.

How does the guideline value compare to other streets in Pammal?

In Pammal, the guideline values for other streets range from Rs 880 to Rs 3,300 per sq.ft, with a median of Rs 2,090 per sq.ft. The guideline value of Teacher Samuel Street is below this median.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For example, a 1,000 sq.ft plot at the current guideline value would incur a total of Rs 1,78,200 in duties.

Where is the Sub Registrar Office for Teacher Samuel Street, Pammal?

The Sub Registrar Office for Teacher Samuel Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. This office handles the registration of properties in the area.