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Guideline Value

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Guideline Value for Thiruneermalai Main Road, Moovendhar Nagar

₹2200/sq.ft.

The guideline value for Thiruneermalai Main Road, Moovendhar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /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 Thiruneermalai Main Road, Moovendhar Nagar

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Thiruneermalai Main Road, Moovendhar Nagar guideline value

The current guideline value of Thiruneermalai Main Road, Moovendhar Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024. This area falls under Pammal village and is classified as Residential Class II Type - I. The relevant Sub Registrar Office (SRO) for this location is the Pammal SRO.

How the guideline value of Thiruneermalai Main Road, Moovendhar Nagar has changed

The guideline value has seen significant revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 1,340 per sq.ft. This increased to Rs 2,000 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Thiruneermalai Main Road, Moovendhar Nagar above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thiruneermalai Main Road, Moovendhar Nagar?

The Thiruneermalai Main Road, Moovendhar Nagar is covered by 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 is a crucial factor in property transactions within Pammal. It determines the minimum value at which property can be registered, ensuring transparency in the buying and selling process.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential for completing the transaction legally.

Frequently asked questions

What is the current guideline value of Thiruneermalai Main Road, Moovendhar Nagar?

The current guideline value of Thiruneermalai Main Road, Moovendhar Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, representing an overall increase of 64%.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,98,000.

Which office handles property registrations for Thiruneermalai Main Road?

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

What is the land classification for this area?

The land classification for Thiruneermalai Main Road, Moovendhar Nagar is Residential Class II Type - I, indicating its suitability for residential development.