Guideline Value

Corporate

Guideline Value for VALLAL PARI NAGAR 11TH ST

₹1320/sq.ft.

The guideline value for Vallal Pari Nagar 11th St in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Vallal Pari Nagar 11th St

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Vallal Pari Nagar 11th St guideline value

The current guideline value of Vallal Pari Nagar 11th St is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village under the Chennai South Joint I SRO, and it falls under the Residential Class IV Type - II land classification.

How the guideline value of Vallal Pari Nagar 11th St has changed

The guideline value for Vallal Pari Nagar 11th St has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 1,200 per sq.ft. Prior to that, the value remained unchanged from the 2012 revision, which was also Rs 1,200 per sq.ft.

There are no figures available for the revisions in 2017, 2007, 2003, and 2002 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Vallal Pari Nagar 11th St's 2024 figure below that median.

Stamp duty and registration fee for property in Vallal Pari Nagar 11th St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. Please 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 information.

Which Sub Registrar Office covers Vallal Pari Nagar 11th St?

The Vallal Pari Nagar 11th St is covered by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Pallikaranai, as it determines the stamp duty and registration fees applicable during the transaction. Buyers and sellers must consider this value, as it is used by the registration authorities to assess the fees based on the property’s value.

When registering a property, the guideline value or the sale price, whichever is higher, will be used to calculate the applicable duties and fees. This ensures that the registration process aligns with the established values set by the authorities.

Frequently asked questions

What is the current guideline value of Vallal Pari Nagar 11th St?

The current guideline value of Vallal Pari Nagar 11th St is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2023 to Rs 1,320 per sq.ft in 2024, marking a 10% increase. There were no changes recorded for the years 2017, 2007, 2003, and 2002.

What is the land classification for Vallal Pari Nagar 11th St?

Vallal Pari Nagar 11th St falls under the Residential Class IV Type - II land classification.

What are the stamp duty and registration fees for this property?

The total stamp duty and registration fees for a 1,000 sq.ft plot at the current guideline value would amount to Rs 1,18,800, which includes a stamp duty of Rs 92,400 and a registration fee of Rs 26,400.

Where can I find the Sub Registrar Office for Vallal Pari Nagar 11th St?

The Sub Registrar Office covering Vallal Pari Nagar 11th St is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.