Guideline Value for Vallal Pari Street, Muthamiaz Nagar

Vallal Pari Street, Muthamiaz Nagar guideline value

The current guideline value of Vallal Pari Street, Muthamiaz Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Vallal Pari Street, Muthamiaz Nagar has changed

The register has no figure for Vallal Pari Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available revision is from 2024, which is set at Rs 1,980 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes recorded for this street. The current guideline value reflects the only revision available for this location.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, making the 2024 figure for Vallal Pari Street below the median.

• Vallal Pari Street / Muthamzhi Nagar: Rs 1,980 per sq.ft (2024)
• Vallalar Street / Sathya Nagar: Rs 1,980 per sq.ft (2024)
• Vallalar Street / Pasumpon Nagar: Rs 1,980 per sq.ft (2024)
• Vallalar Street, Gandhi Nagar Ext: Rs 1,980 per sq.ft (2024)
• Valliammai Street, Nehru Nagar: Rs 1,980 per sq.ft (2024)
• Valliamman Street / Lord Srinivasa Colony: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Vallal Pari Street, Muthamiaz Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total charges to Rs 1,78,200. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Vallal Pari Street, Muthamiaz Nagar?

The Sub Registrar Office that covers Vallal Pari Street, Muthamiaz Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pammal. It serves as a benchmark for calculating the stamp duty and registration fees that are required during the transaction.

When a property is sold, the guideline value is used to determine the applicable charges, ensuring that both parties adhere to the legal requirements set by the state. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Vallal Pari Street, Muthamiaz Nagar?

The current guideline value of Vallal Pari Street, Muthamiaz Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The register has no figure for Vallal Pari Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available revision is from 2024, which is Rs 1,980 per sq.ft.

What is the land classification for Vallal Pari Street?

The land classification for Vallal Pari Street, Muthamiaz Nagar is Residential Class II Type - II.

What are the stamp duty and registration fees for property in Vallal Pari Street?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200. These fees are based on the guideline value.

Where can I find the Sub Registrar Office for Vallal Pari Street?

The Sub Registrar Office for Vallal Pari Street, Muthamiaz Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.