Guideline Value

Corporate

Guideline Value for A.D. Govindharaj Nagar

₹3520/sq.ft.

The guideline value for A.d. Govindharaj Nagar in Kattupakkam village (Kunrathur SRO, Chennai zone) is Rs 3520 per sq.ft, effective 1 July 2024. It was Rs 3200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kattupakkam

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3520 /sq.ft.
From 1-4-2023 ₹3200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2144 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹156 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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 A.d. Govindharaj Nagar

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A.D. Govindharaj Nagar guideline value

The current guideline value of A.D. Govindharaj Nagar is Rs 3,520 per sq.ft, effective from 1 July 2024. This locality is situated in Kattupakkam village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of A.D. Govindharaj Nagar has changed

Over the years, the guideline value of A.D. Govindharaj Nagar has seen significant changes. The earliest recorded revision was in 2003, with a guideline value of Rs 156 per sq.ft. This increased to Rs 500 per sq.ft in 2007, then surged to Rs 3,200 per sq.ft in 2012, before dropping to Rs 2,144 per sq.ft in 2017. The value then rose to Rs 3,200 per sq.ft in 2023, and finally reached Rs 3,520 per sq.ft in the 2024 revision. Notably, the register has no figure for the year 2002 for this street.

The changes between these revisions highlight a fluctuating trend. From 2003 to 2007, the guideline value increased by 221%. However, between 2012 and 2017, there was a decline of 33%. The most significant increase occurred from 2017 to 2023, with a rise of 49%, followed by a 10% increase from 2023 to 2024. Overall, the guideline value has increased by 2156% from 2003 to 2024.

Guideline values in Kattupakkam

Kattupakkam village has 75 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,980 to Rs 4,290 per sq.ft, with a median value of Rs 2,090 per sq.ft. The guideline value of A.D. Govindharaj Nagar is above this median.

Stamp duty and registration fee for property in A.D. Govindharaj Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,520 per sq.ft, the total guideline value amounts to Rs 35,20,000. The stamp duty at 7% would be Rs 2,46,400, and the registration fee at 2% would be Rs 70,400, making the total cost Rs 3,16,800. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.D. Govindharaj Nagar?

The A.D. Govindharaj Nagar locality falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kattupakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property transactions.

When registering a property, buyers and sellers must adhere to the guideline value set by the registration department. This value influences the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of A.D. Govindharaj Nagar?

The current guideline value of A.D. Govindharaj Nagar is Rs 3,520 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 156 per sq.ft in 2003 and reaching Rs 3,520 per sq.ft in 2024. The most notable increase occurred from 2017 to 2023, with a rise of 49%.

What are the guideline values of other streets in Kattupakkam?

Other streets in Kattupakkam have varying guideline values, ranging from Rs 1,980 to Rs 4,290 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft.

What fees are associated with buying property in A.D. Govindharaj Nagar?

When buying property in A.D. Govindharaj Nagar, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for A.D. Govindharaj Nagar?

The Sub Registrar Office covering A.D. Govindharaj Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.