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Guideline Value

Corporate

Guideline Value for Uamayalpuram 1st Cross Street

₹2860/sq.ft.

The guideline value for Uamayalpuram 1st Cross Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2860 per sq.ft, effective 1 July 2024. It was Rs 2600 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2860 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹810 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹427 /sq.ft.
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 Uamayalpuram 1st Cross Street

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Uamayalpuram 1st Cross Street guideline value

The current guideline value of Uamayalpuram 1st Cross Street is Rs 2,860 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal SRO, classified as Commercial Class I Type - I.

How the guideline value of Uamayalpuram 1st Cross Street has changed

Over the years, the guideline value of Uamayalpuram 1st Cross Street has seen significant changes. In 2003, the guideline value was Rs 427 per sq.ft. This figure increased to Rs 810 per sq.ft in 2007, marking a 90% rise. By 2017, it further increased to Rs 1,742 per sq.ft, reflecting a 115% change. The value continued to rise, reaching Rs 2,600 per sq.ft in 2023, which was a 49% increase from the previous revision. The latest revision in 2024 shows a guideline value of Rs 2,860 per sq.ft, representing a 10% increase from 2023.

It is important to note that there are no figures available for the revisions in 2002 and 2012 for this street. Overall, from 2003 to 2024, the guideline value has increased by 570%.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median guideline value for these streets is Rs 2,420 per sq.ft, placing Uamayalpuram 1st Cross Street's 2024 figure above this median.

Stamp duty and registration fee for property in Uamayalpuram 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,860 per sq.ft, the total guideline value would be Rs 28,60,000. The stamp duty at 7% would amount to Rs 2,00,200, while the registration fee at 2% would be Rs 57,200. Together, the total cost for stamp duty and registration would be Rs 2,57,400. 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 precise calculations.

Which Sub Registrar Office covers Uamayalpuram 1st Cross Street?

The Uamayalpuram 1st Cross Street is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Thiruneermalai, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is the minimum value set by the government, and it is used to calculate the applicable fees during the registration process.

It is essential for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of the transaction. The fees are calculated based on this value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Uamayalpuram 1st Cross Street?

The current guideline value of Uamayalpuram 1st Cross Street is Rs 2,860 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 427 per sq.ft in 2003 to Rs 2,860 per sq.ft in 2024, showing an overall increase of 570% over this period.

What are the stamp duty and registration fees for a property in Uamayalpuram 1st Cross Street?

For a 1,000 sq.ft property, the total guideline value is Rs 28,60,000. The stamp duty would be Rs 2,00,200 and the registration fee would be Rs 57,200, making the total Rs 2,57,400.

Which Sub Registrar Office covers Uamayalpuram 1st Cross Street?

The Pammal Sub Registrar Office covers Uamayalpuram 1st Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the median guideline value for streets in Thiruneermalai?

The median guideline value for streets in Thiruneermalai is Rs 2,420 per sq.ft, with Uamayalpuram 1st Cross Street's 2024 value being above this median at Rs 2,860 per sq.ft.