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Guideline Value

Corporate

Guideline Value for Uamayalpuram 2nd Main Road

₹2860/sq.ft.

The guideline value for Uamayalpuram 2nd Main Road 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 2nd Main Road

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Uamayalpuram 2nd Main Road guideline value

The current guideline value of Uamayalpuram 2nd Main Road is Rs 2,860 per sq.ft, effective from 1 July 2024. This road is located in Thiruneermalai village and falls under the Pammal Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - I.

How the guideline value of Uamayalpuram 2nd Main Road has changed

The guideline value for Uamayalpuram 2nd Main Road has undergone several revisions over the years. The earliest recorded value was Rs 427 per sq.ft in 2003, which increased to Rs 810 per sq.ft in 2007, marking a significant rise of 90%. By 2017, the value further escalated to Rs 1,742 per sq.ft, reflecting a 115% increase from the previous revision. The 2023 revision set the value at Rs 2,600 per sq.ft, a 49% increase from 2017. The most recent revision in 2024 has brought the guideline value to Rs 2,860 per sq.ft, representing a 10% increase from 2023.

It is important to note that the register has no figures for the years 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 value for these streets is Rs 2,420 per sq.ft, placing Uamayalpuram 2nd Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in Uamayalpuram 2nd Main Road

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, and the registration fee at 2% would be Rs 57,200, bringing the total cost for these fees to Rs 2,57,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Uamayalpuram 2nd Main Road?

The Uamayalpuram 2nd Main Road is covered by 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 Thiruneermalai

The guideline value is a crucial factor during the registration of property transactions in Thiruneermalai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and standardization in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory expenses for completing the transaction. This helps in maintaining a fair process for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Uamayalpuram 2nd Main Road?

The current guideline value of Uamayalpuram 2nd Main Road 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 seen significant increases over the years, from Rs 427 per sq.ft in 2003 to Rs 2,860 per sq.ft in 2024, marking an overall increase of 570%.

What are the stamp duty and registration fees for properties on this road?

For a property valued at Rs 28,60,000, the stamp duty would be Rs 2,00,200, and the registration fee would be Rs 57,200, totaling Rs 2,57,400.

Which office handles the registration for Uamayalpuram 2nd Main Road?

The Pammal Sub Registrar Office handles the registration for Uamayalpuram 2nd Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Uamayalpuram 2nd Main Road?

The land classification for Uamayalpuram 2nd Main Road is Commercial Class I Type - I, indicating its suitability for commercial activities.