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Guideline Value for V.O.C Street, Thiruvalluvar Nagar

₹2475/sq.ft.

The guideline value for V.o.c Street, Thiruvalluvar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2475 per sq.ft, effective 1 July 2024. It was Rs 2250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2475 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /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 V.o.c Street, Thiruvalluvar Nagar

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V.O.C Street, Thiruvalluvar Nagar guideline value

The current guideline value of V.O.C Street, Thiruvalluvar Nagar is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO, classified as Residential Class I Type - II.

How the guideline value of V.O.C Street, Thiruvalluvar Nagar has changed

The guideline value for V.O.C Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,507 per sq.ft, which increased to Rs 2,250 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised this value to Rs 2,475 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, there has been a significant increase of 64% in the guideline value.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The increase from 2017 to 2023 was 49%, indicating a consistent rise in the guideline value over the years.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with the 2024 guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in Pammal is Rs 2,090 per sq.ft, placing V.O.C Street's 2024 figure above this median.

Stamp duty and registration fee for property in V.O.C Street, Thiruvalluvar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value amounts to Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, making the total cost for these fees Rs 2,22,750. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers V.O.C Street, Thiruvalluvar Nagar?

The Sub Registrar Office that covers V.O.C Street, Thiruvalluvar Nagar is 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 further assistance.

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

When buying or selling property in Pammal, the guideline value is used as a reference point for determining the stamp duty and registration fees. This value is essential for ensuring that the transaction is registered at the correct value, which is crucial for legal and taxation purposes.

The guideline value serves as a baseline to assess the property’s worth, and it is important to be aware of the current rates to avoid any discrepancies during the registration process. Buyers and sellers should always consult the latest guideline values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of V.O.C Street, Thiruvalluvar Nagar?

The current guideline value of V.O.C Street, Thiruvalluvar Nagar is Rs 2,475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,507 per sq.ft in 2017 to Rs 2,475 per sq.ft in 2024, marking an overall increase of 64%.

What are the other streets in Pammal with similar guideline values?

Other streets in Pammal with similar guideline values include VOC Street / Muthamzhi Nagar at Rs 2,475 per sq.ft and VOC Street / Mungil Lake at Rs 2,750 per sq.ft.

What is the registration fee for properties in Pammal?

The registration fee for properties in Pammal is 2% of the guideline value, while the stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for V.O.C Street?

The Sub Registrar Office for V.O.C Street, Thiruvalluvar Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information about your SRO online.