Guideline Value for Thideer Nagar ,4th Street

Thideer Nagar ,4th Street guideline value

The current guideline value for Thideer Nagar ,4th Street 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 Thideer Nagar ,4th Street has changed

The guideline value register does not provide figures for Thideer Nagar ,4th Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 1,980 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes in the guideline value for this street between the revisions listed above.

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 for these streets is Rs 2,090 per sq.ft, making the 2024 figure for Thideer Nagar ,4th Street below the median.

• Thideer Nagar ,3rd Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar ,5th Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar ,2nd Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar ,1st Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar Main Road, Thideer Nagar: Rs 1,980 per sq.ft (2024)
• Thideer Nagar: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Thideer Nagar ,4th Street

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, bringing the total 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.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thideer Nagar ,4th Street?

The Sub Registrar Office that covers Thideer Nagar ,4th Street 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 details.

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

The guideline value is an essential factor in the registration process of property transactions in Pammal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, it is crucial to be aware of the guideline value, as it impacts the overall costs involved in the transaction. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any complications during registration.

Frequently asked questions

What is the current guideline value for Thideer Nagar ,4th Street?

The current guideline value for Thideer Nagar ,4th Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

What land classification does Thideer Nagar ,4th Street fall under?

Thideer Nagar ,4th Street is classified as Residential Class II Type - II.

Are there any previous guideline values available for this street?

The guideline value register does not provide figures for Thideer Nagar ,4th Street for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the median guideline value for streets in Pammal?

The median guideline value for streets in Pammal is Rs 2,090 per sq.ft, which is higher than the current guideline value for Thideer Nagar ,4th Street.

How is stamp duty calculated for properties in Thideer Nagar ,4th Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot at the guideline value of Rs 1,980 per sq.ft, the stamp duty would be Rs 1,38,600.