Guideline Value for CHEMMBADA CHINNAPAIYAN STREET (OR) ANGALAMMAN STREET

Chemmbada Chinnapaiyan Street (Or) Angalamman Street guideline value

The current guideline value for Chemmbada Chinnapaiyan Street (Or) Angalamman Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Kanchipuram Town village and falls under the Kanchipuram Joint I SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Chemmbada Chinnapaiyan Street (Or) Angalamman Street has changed

The guideline value for this street has seen several revisions over the years. In 2012, the value was Rs 1,000 per sq.ft. It then decreased to Rs 670 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,000 per sq.ft, representing a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, a 10% increase from the previous year.

There are no figures available for the revisions in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kanchipuram Town

In Kanchipuram Town, there are 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 1,650 per sq.ft. Chemmbada Chinnapaiyan Street (Or) Angalamman Street's 2024 guideline value is below this median.

• Chettikulam Dharmaraja Kovil Street (Or) Palla Street: Rs 1,320 per sq.ft (2024)
• Chettikulam Silar Street: Rs 1,320 per sq.ft (2024)
• Chappani Pillaiyar Kovil Street: Rs 2,200 per sq.ft (2024)
• Chairman Sambasivam Street: Rs 1,100 per sq.ft (2024)
• Devarajapuram Govindhan Street: Rs 1,100 per sq.ft (2024)
• Devarajapuram Venugopalan Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Chemmbada Chinnapaiyan Street (Or) Angalamman Street

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chemmbada Chinnapaiyan Street (Or) Angalamman Street?

The Chemmbada Chinnapaiyan Street (Or) Angalamman Street is covered by the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kanchipuram Town. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration regulations.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Chemmbada Chinnapaiyan Street (Or) Angalamman Street?

The current guideline value for Chemmbada Chinnapaiyan Street (Or) Angalamman Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Chemmbada Chinnapaiyan Street (Or) Angalamman Street?

The land classification for Chemmbada Chinnapaiyan Street (Or) Angalamman Street is Residential Class III Type - III.

What is the registration office for this street?

The registration office covering Chemmbada Chinnapaiyan Street (Or) Angalamman Street is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 11,00,000, the stamp duty at 7% would be Rs 77,000.