Guideline Value for CS NH1 (WARD -5)

Cs Nh1 (Ward -5) guideline value

The current guideline value of Cs Nh1 (Ward -5) in Kattankollatur village is Rs 1,320 per sq.ft, effective from the 2024 revision. This area falls under the Chengleput Joint II SRO and is classified as Residential Special Type - V.

How the guideline value of Cs Nh1 (Ward -5) has changed

Over the years, the guideline value for Cs Nh1 (Ward -5) has seen several revisions. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,200 per sq.ft, and the current 2024 revision has raised it to Rs 1,320 per sq.ft. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, the value increased by 10% from 2023 to 2024. From 2017 to 2023, there was a significant increase of 49%. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kattankollatur

In Kattankollatur, there are 453 streets under the Chengleput Joint II SRO with the 2024 guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Cs Nh1 (Ward -5) above the median value.

• Cmda Nagar G.S.T. Road (Ward -3): Rs 2,200 per sq.ft (2024)
• Cmda Layout Nennaikarai (Ward -3): Rs 1,320 per sq.ft (2024)
• C.K.Radha Nagar: Rs 1,980 per sq.ft (2024)
• Chozhan Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Devi Prasath Nagar (N): Rs 660 per sq.ft (2024)
• Chitra Nagar (Sa): Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Cs Nh1 (Ward -5)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. 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 on fees applicable to your property transaction.

Which Sub Registrar Office covers Cs Nh1 (Ward -5)?

The Sub Registrar Office that covers Cs Nh1 (Ward -5) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a crucial factor during property registration in Kattankollatur. It determines the minimum value at which a property can be registered and serves as a reference for calculating stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the current guideline value, as it affects the overall cost of the transaction. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value of Cs Nh1 (Ward -5)?

The current guideline value of Cs Nh1 (Ward -5) is Rs 1,320 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for Cs Nh1 (Ward -5)?

Cs Nh1 (Ward -5) is classified as Residential Special Type - V, indicating its designated use for residential purposes.

Where is the Sub Registrar Office for this area located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Cs Nh1 (Ward -5)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 at a rate of 7%.