Guideline Value for C.K.RADHA NAGAR

C.K.Radha Nagar guideline value

The current guideline value of C.K.Radha Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is located in Kattankollatur village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Special Type - II.

How the guideline value of C.K.Radha Nagar has changed

The guideline value for C.K.Radha Nagar has seen several revisions over the years. In 2012, the guideline value was Rs 1,800 per sq.ft. This figure remained the same until the next revision in 2017, where it dropped to Rs 1,206 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 1,800 per sq.ft in 2023, and further rose to Rs 1,980 per sq.ft in 2024, reflecting an increase of 10% from the previous year.

Between 2017 and 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattankollatur

In Kattankollatur, there are 453 streets under the Chengleput Joint II SRO, with 2024 guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median value is Rs 1,100 per sq.ft, placing C.K.Radha Nagar's 2024 figure above this median.

• Cmda Layout Nennaikarai (Ward -3): Rs 1,320 per sq.ft (2024)
• Cmda Nagar G.S.T. Road (Ward -3): Rs 2,200 per sq.ft (2024)
• Chozhan Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Chitra Nagar (Sa): Rs 440 per sq.ft (2024)
• Cs Nh1 (Ward -5): Rs 1,320 per sq.ft (2024)
• Cheran Street (Ward -5): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in C.K.Radha Nagar

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 charged at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. Please note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers C.K.Radha Nagar?

The Sub Registrar Office that covers C.K.Radha Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kattankollatur. It is used to determine the stamp duty and registration fees that need to be paid by the buyer or seller at the time of registration.

When a property is bought or sold, the guideline value serves as a benchmark for calculating the applicable duties. This ensures that the transaction is recorded accurately and complies with the legal requirements set by the government.

Frequently asked questions

What is the current guideline value of C.K.Radha Nagar?

The current guideline value of C.K.Radha Nagar 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 2012 to Rs 1,206 per sq.ft in 2017, then to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for C.K.Radha Nagar?

The land classification for C.K.Radha Nagar is Residential Special Type - II.

Where can I find the Chengleput Joint II SRO?

The Chengleput Joint II SRO is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

How is the stamp duty calculated for properties in C.K.Radha Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft property at the current rate, the total stamp duty would amount to Rs 1,38,600.