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Guideline Value

Corporate

Guideline Value for CHINNA KANNIYAPPANAR NAGAR

₹104/sq.ft.

The guideline value for Chinna Kanniyappanar Nagar in Kolathur village (Pallipattu SRO, Chennai zone) is Rs 104 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 4% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kolathur

Village

Pallipattu

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹104 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹60 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹90 /sq.ft.
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)

Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207
044-27843480
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Chinna Kanniyappanar Nagar

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Chinna Kanniyappanar Nagar guideline value

The current guideline value of Chinna Kanniyappanar Nagar is Rs 104 per sq.ft, effective from 1 July 2024. This area is located in Kolathur village, under the Pallipattu SRO, and is classified as Residential Class I Type - I.

How the guideline value of Chinna Kanniyappanar Nagar has changed

The guideline value for Chinna Kanniyappanar Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 90 per sq.ft, which then decreased to Rs 60 per sq.ft in 2017. Following that, the value rose significantly to Rs 100 per sq.ft in 2023, and currently stands at Rs 104 per sq.ft in the 2024 revision. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 67%, followed by a 4% rise from 2023 to 2024. Overall, the guideline value has increased by 16% from 2012 to 2024.

Guideline values in Kolathur

In Kolathur, there are 18 streets under the Pallipattu SRO that carry a 2024 guideline value ranging from Rs 104 to Rs 150 per sq.ft, with the median being Rs 104 per sq.ft. Chinna Kanniyappanar Nagar's 2024 figure matches this median.

Stamp duty and registration fee for property in Chinna Kanniyappanar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 104 per sq.ft, the guideline value amounts to Rs 1,04,000. The stamp duty at 7% would be Rs 7,280, while the registration fee at 2% would be Rs 2,080, making a total of Rs 9,360. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chinna Kanniyappanar Nagar?

The Sub Registrar Office that covers Chinna Kanniyappanar Nagar is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property in Kolathur. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees. Buyers and sellers must consider this value to ensure compliance with local regulations during a transaction.

When a property is bought or sold, the guideline value serves as a benchmark for the transaction. It helps in assessing the fair value of the property, ensuring that both parties are aware of the minimum costs involved in the registration process.

Frequently asked questions

What is the current guideline value of Chinna Kanniyappanar Nagar?

The current guideline value of Chinna Kanniyappanar Nagar is Rs 104 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 90 per sq.ft in 2012 to Rs 60 per sq.ft in 2017, then increased to Rs 100 per sq.ft in 2023, and is now Rs 104 per sq.ft in 2024.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would be Rs 9,360, which includes Rs 7,280 for stamp duty and Rs 2,080 for registration fees.

Which office handles property registrations in Chinna Kanniyappanar Nagar?

The Pallipattu Sub Registrar Office handles property registrations in Chinna Kanniyappanar Nagar, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207.

What is the significance of the guideline value in property transactions?

The guideline value serves as a benchmark for property transactions, determining the minimum registration value and calculating applicable stamp duty and registration fees. It is essential for compliance with local regulations during property buying and selling.