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Guideline Value

Corporate

Guideline Value for GANAPATHY NAGAR (KR)

₹660/sq.ft.

The guideline value for Ganapathy Nagar (kr) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ganapathy Nagar (kr)

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Ganapathy Nagar (Kr) guideline value

The current guideline value of Ganapathy Nagar (Kr) is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Kattankollatur village under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Ganapathy Nagar (Kr) has changed

The guideline value of Ganapathy Nagar (Kr) has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 600 per sq.ft. In 2017, the value decreased to Rs 402 per sq.ft, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 600 per sq.ft, reflecting a rise of 49%. The latest revision in 2024 shows an increase to Rs 660 per sq.ft, which is a 10% increase from the previous year.

Additionally, there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, indicating that Ganapathy Nagar (Kr) is below this median.

Stamp duty and registration fee for property in Ganapathy Nagar (Kr)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, leading to a total of Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ganapathy Nagar (Kr)?

The Sub Registrar Office that covers Ganapathy Nagar (Kr) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the 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 is a crucial factor during the registration of property transactions in Kattankollatur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the applicable charges, which are based on either the guideline value or the sale price, whichever is higher. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Ganapathy Nagar (Kr)?

The current guideline value of Ganapathy Nagar (Kr) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What are the other streets in Kattankollatur and their guideline values?

Other streets in Kattankollatur include Ganapathy Nagar (Sa) at Rs 440 per sq.ft, Ganapathy Syndicate(Pa) at Rs 440 per sq.ft, Ganapathy Colony (Sa) at Rs 440 per sq.ft, Ganapathi Puram Kattankolathur (Ward -17) at Rs 550 per sq.ft, and Gandhi Nagar 1st Street (Ward -3) at Rs 990 per sq.ft.

What is the stamp duty rate for properties in Ganapathy Nagar (Kr)?

The stamp duty rate for properties in Ganapathy Nagar (Kr) is 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the same amount.

Where can I find the Sub Registrar Office for Ganapathy Nagar (Kr)?

The Sub Registrar Office for Ganapathy Nagar (Kr) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.