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Guideline Value

Corporate

Guideline Value for Thattakulam (ward 1)

₹1650/sq.ft.

The guideline value for Thattakulam (ward 1) in Kolapakkam village (Pammal SRO, Chengalpattu zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kolapakkam

Village

Pammal

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Thattakulam (ward 1)

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Thattakulam (ward 1) guideline value

The current guideline value for Thattakulam (ward 1) is Rs 1,650 per sq.ft, effective from 1 July 2024. This area is located in Kolapakkam village and falls under the Pammal Sub Registrar Office (SRO). The land classification for this street is Residential Class IV Type - I.

How the guideline value of Thattakulam (ward 1) has changed

The guideline value for Thattakulam (ward 1) has seen several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 1,005 per sq.ft. This increased to Rs 1,500 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,650 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kolapakkam

In Kolapakkam, there are 111 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 6,850 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Thattakulam (ward 1) is below this median.

Stamp duty and registration fee for property in Thattakulam (ward 1)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees together to Rs 1,48,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thattakulam (ward 1)?

The Sub Registrar Office that covers Thattakulam (ward 1) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Kolapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers should be aware that the guideline value influences the overall cost of property transactions.

When registering a property, the guideline value is used to calculate the applicable fees. It is essential for both parties to understand that the fees are based on the guideline value or the sale price, whichever is higher, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Thattakulam (ward 1)?

The current guideline value of Thattakulam (ward 1) is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,005 per sq.ft in 2017 to Rs 1,650 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the other streets in Kolapakkam with their guideline values?

Other streets in Kolapakkam include Thirowpathi Amman Nagar at Rs 3,290 per sq.ft, Thiruperumal Nagar at Rs 2,750 per sq.ft, and several others with varying rates.

What are the stamp duty and registration fees for Thattakulam (ward 1)?

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Which office handles property registrations in Thattakulam (ward 1)?

The Pammal Sub Registrar Office handles property registrations for Thattakulam (ward 1), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.