Guideline Value for Thiruvalluvar Street, Pasumpon Nagar

Thiruvalluvar Street, Pasumpon Nagar guideline value

The current guideline value of Thiruvalluvar Street, Pasumpon Nagar 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 Thiruvalluvar Street, Pasumpon Nagar has changed

The guideline value register has no figures for Thiruvalluvar 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.

There have been no changes between the revisions listed above. The current guideline value reflects the 2024 revision, which is the only figure available 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, with a median value of Rs 2,090 per sq.ft. Thiruvalluvar Street, Pasumpon Nagar's 2024 figure is below this median.

• Thiruvalluvar Street / Near Pammal MainRoad: Rs 880 per sq.ft (2024)
• Thiruvalluvar Street / VOC Nagar: Rs 2,750 per sq.ft (2024)
• Thiruvalluvar Street, Annai Sathya Nagar: Rs 1,980 per sq.ft (2024)
• Thiru.Ve.Ka. Street / Thiruvalluvar Nagar: Rs 2,475 per sq.ft (2024)
• Thiruvalluvar Nagar, 4th Cross Street: Rs 2,475 per sq.ft (2024)
• Thiruvalluvar Nagar, 3rd Cross Street: Rs 2,475 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvar Street, Pasumpon Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,980 per sq.ft, the 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, totaling 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 Thiruvalluvar Street, Pasumpon Nagar?

The Sub Registrar Office that covers Thiruvalluvar Street, Pasumpon Nagar 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 is a crucial factor in property transactions in Pammal, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

When registering a property, the guideline value will be used to calculate the stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Street, Pasumpon Nagar?

The current guideline value of Thiruvalluvar Street, Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

Has the guideline value changed recently?

The guideline value has not changed in previous revisions for Thiruvalluvar Street, as there are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the land classification of Thiruvalluvar Street, Pasumpon Nagar?

Thiruvalluvar Street, Pasumpon Nagar is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Thiruvalluvar Street, Pasumpon Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 19,80,000, the stamp duty would be calculated at 7% of that amount.