Guideline Value

Corporate

Guideline Value for C.D.N. Nagar 20th Street

₹2200/sq.ft.

The guideline value for C.d.n. Nagar 20th Street in Nerkundram village (Virugambakkam SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nerkundram

Village

Virugambakkam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹250 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹100 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 C.d.n. Nagar 20th Street

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C.D.N. Nagar 20th Street guideline value

The current guideline value of C.D.N. Nagar 20th Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Nerkundram village and falls under the jurisdiction of the Virugambakkam SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of C.D.N. Nagar 20th Street has changed

The guideline value for C.D.N. Nagar 20th Street has undergone several revisions over the years. The earliest recorded revision was in 2002, with a guideline value of Rs 100 per sq.ft. This increased to Rs 250 per sq.ft in 2003, marking a significant increase of 150%. By 2007, the value rose dramatically to Rs 350 per sq.ft, reflecting a 40% increase. The 2012 revision saw the value remain at Rs 2,000 per sq.ft, but then in 2017, it dropped to Rs 1,340 per sq.ft, a decline of 33%. The guideline value then increased to Rs 2,000 per sq.ft in 2023, before reaching the current value of Rs 2,200 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 2100%. The register has no figure for the years between 2012 and 2017 for this street.

Guideline values in Nerkundram

Nerkundram village has a total of 476 streets under the Virugambakkam SRO, with guideline values in 2024 ranging from Rs 1,650 to Rs 6,600 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, which is equal to the current value for C.D.N. Nagar 20th Street.

Stamp duty and registration fee for property in C.D.N. Nagar 20th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees to Rs 1,98,000. It is important to 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 detailed calculations.

Which Sub Registrar Office covers C.D.N. Nagar 20th Street?

The C.D.N. Nagar 20th Street falls under the jurisdiction of the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Nerkundram. When buying or selling property, this value is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the current guideline value to ensure accurate financial planning for property transactions. This helps in understanding the costs involved in the registration process and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of C.D.N. Nagar 20th Street?

The current guideline value of C.D.N. Nagar 20th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 100 per sq.ft in 2002 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 2100%.

What are the other streets in Nerkundram with the same guideline value?

Several other streets in Nerkundram have the same guideline value of Rs 2,200 per sq.ft, including C.D.N. Nagar 1st Street, 2nd Street, 19th Street, 3rd Street, 18th Street, and 4th Street.

What fees are associated with buying property in C.D.N. Nagar 20th Street?

When purchasing property in C.D.N. Nagar 20th Street, buyers should account for stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for C.D.N. Nagar 20th Street?

The Sub Registrar Office covering C.D.N. Nagar 20th Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.