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Guideline Value

Corporate

Guideline Value for Vallalar Street, Gandhi Nagar Ext

₹1980/sq.ft.

The guideline value for Vallalar Street, Gandhi Nagar Ext in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Vallalar Street, Gandhi Nagar Ext

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Vallalar Street, Gandhi Nagar Ext guideline value

The current guideline value of Vallalar Street, Gandhi Nagar Ext 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 Vallalar Street, Gandhi Nagar Ext has changed

The guideline value for Vallalar Street has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 1,800 per sq.ft. This increased to Rs 1,980 per sq.ft in the 2024 revision, marking a change of +10% from the previous year.

In the 2024 revision, the guideline value of Rs 1,980 per sq.ft is the most current figure. This reflects the latest assessment of the property value in the area.

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, which means that Vallalar Street's 2024 figure is below that median.

Stamp duty and registration fee for property in Vallalar Street, Gandhi Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to 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. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details on fees.

Which Sub Registrar Office covers Vallalar Street, Gandhi Nagar Ext?

The Sub Registrar Office that covers Vallalar Street, Gandhi Nagar Ext 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 more information.

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

The guideline value is a crucial factor in property transactions in Pammal. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration of property sales. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable fees. It is essential for both parties to be aware of this value to avoid any discrepancies during the transaction process.

Frequently asked questions

What is the current guideline value of Vallalar Street, Gandhi Nagar Ext?

The current guideline value of Vallalar Street, Gandhi Nagar Ext is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2023 to Rs 1,980 per sq.ft in 2024, marking a 10% increase. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Pammal?

The median guideline value for streets in Pammal is Rs 2,090 per sq.ft. Vallalar Street's 2024 figure is below this median value.

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

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is 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.

Which office handles registrations for Vallalar Street?

The Pammal Sub Registrar Office handles registrations for Vallalar Street, Gandhi Nagar Ext. It is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.