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Guideline Value

Corporate

Guideline Value for Uamayalpuram 4th Main Road

₹2860/sq.ft.

The guideline value for Uamayalpuram 4th 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 4th Main Road

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Uamayalpuram 4th Main Road guideline value

The current guideline value of Uamayalpuram 4th Main Road is Rs 2,860 per sq.ft, effective from 1 July 2024. This road is located in Thiruneermalai village, 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 4th Main Road has changed

Over the years, the guideline value for Uamayalpuram 4th Main Road has seen significant changes. In 2003, the guideline value was Rs 427 per sq.ft. This increased to Rs 810 per sq.ft in 2007, marking a 90% increase. By 2017, the value rose to Rs 1,742 per sq.ft, which is a substantial increase of 115%. The 2023 revision set the value at Rs 2,600 per sq.ft, reflecting a 49% rise from the previous revision. The current guideline value of Rs 2,860 per sq.ft in 2024 represents 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 value for these streets is Rs 2,420 per sq.ft, placing Uamayalpuram 4th Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in Uamayalpuram 4th 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, while the registration fee at 2% would be Rs 57,200. Thus, the total cost for stamp duty and registration would be Rs 2,57,400. It is essential to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Uamayalpuram 4th Main Road?

The Uamayalpuram 4th Main Road falls under the jurisdiction of 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 Thiruneermalai

The guideline value plays a crucial role during the registration of property transactions in Thiruneermalai. It serves as a reference point for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value aids in assessing the fair value of the property based on its location and type. This helps both buyers and sellers understand the financial implications of their transactions, as duties are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Uamayalpuram 4th Main Road?

The current guideline value of Uamayalpuram 4th 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 increased from Rs 427 per sq.ft in 2003 to Rs 2,860 per sq.ft in 2024, marking an overall increase of 570% over this period.

What are the stamp duty and registration fees for properties in Uamayalpuram 4th Main 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 Sub Registrar Office handles registrations for Uamayalpuram 4th Main Road?

The Pammal Sub Registrar Office is responsible for registrations in Uamayalpuram 4th Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How does the guideline value affect property transactions?

The guideline value is used to determine the minimum registration value for properties, impacting the stamp duty and registration fees. It ensures that the government receives appropriate revenue from property transactions.