Guideline Value for Thideer Nagar Main Road, Thideer Nagar

Thideer Nagar Main Road, Thideer Nagar guideline value

The current guideline value of Thideer Nagar Main Road, Thideer Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is part of Pammal village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Thideer Nagar Main Road, Thideer Nagar has changed

The guideline value register for Thideer Nagar Main Road shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 1,980 per sq.ft.

Since there have been no changes between the revisions, the current value remains unchanged from the previous years where no figures were recorded. Therefore, the guideline value for this street has been consistent at Rs 1,980 per sq.ft since the 2024 revision.

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, placing Thideer Nagar Main Road's 2024 figure below this median.

• Thideer Nagar: Rs 1,980 per sq.ft (2024)
• Thideer Nagar, 1st Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar, 2nd Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar, 3rd Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar, 4th Street: Rs 1,980 per sq.ft (2024)
• Thideer Nagar, 5th Street: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Thideer Nagar Main Road, Thideer Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value is Rs 19,80,000. The stamp duty at 7% amounts to Rs 1,38,600, and the registration fee at 2% is Rs 39,600, totaling 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 Thideer Nagar Main Road, Thideer Nagar?

The Sub Registrar Office that covers Thideer Nagar Main Road 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 Pammal

The guideline value is a crucial factor when registering property transactions in Pammal. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory during the sale or purchase of property.

When a buyer or seller engages in a property transaction, the guideline value helps determine the official value of the property for legal and taxation purposes, ensuring transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Thideer Nagar Main Road?

The current guideline value of Thideer Nagar Main Road 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 remained unchanged since the 2024 revision, with no figures recorded for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Thideer Nagar Main Road's guideline value being below this median.

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

For a plot of 1,000 sq.ft at the guideline value of Rs 1,980 per sq.ft, the total stamp duty is Rs 1,38,600 and the registration fee is Rs 39,600, totaling Rs 1,78,200.

Which office handles property registrations in Thideer Nagar?

The Pammal Sub Registrar Office handles property registrations for Thideer Nagar, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.