Guideline Value

Corporate

Guideline Value for Ganapathy Nagar

₹3520/sq.ft.

The guideline value for Ganapathy Nagar in Kattupakkam village (Kunrathur SRO, Chennai zone) is Rs 3520 per sq.ft, effective 1 July 2024. It was Rs 3200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kattupakkam

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3520 /sq.ft.
From 1-4-2023 ₹3200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2144 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹71 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Ganapathy Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Ganapathy Nagar guideline value

The current guideline value of Ganapathy Nagar is Rs 3,520 per sq.ft, effective from 1 July 2024. This area is located in Kattupakkam village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Ganapathy Nagar has changed

The guideline value for Ganapathy Nagar has undergone several revisions over the years. In 2003, the value was Rs 71 per sq.ft, which increased to Rs 250 per sq.ft in 2007. Following this, there was a significant jump to Rs 3,200 per sq.ft in 2012, but it then decreased to Rs 2,144 per sq.ft in 2017. The value saw a substantial rise to Rs 3,200 per sq.ft in 2023, and the latest revision in 2024 has set the guideline value at Rs 3,520 per sq.ft.

Between these revisions, the changes were notable. From 2003 to 2007, the guideline value increased by 252%. The value then surged by 1180% from 2007 to 2012. However, there was a decline of 33% from 2012 to 2017. The value rose by 49% from 2017 to 2023, and the latest revision from 2023 to 2024 reflects an increase of 10%. Overall, from 2003 to 2024, the guideline value has increased by 4858%.

Guideline values in Kattupakkam

Kattupakkam village has a range of guideline values across its 75 streets under the Kunrathur SRO, with figures for 2024 ranging from Rs 1,980 to Rs 4,290 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, placing Ganapathy Nagar's 2024 figure above that median.

Stamp duty and registration fee for property in Ganapathy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,520 per sq.ft, the total guideline value amounts to Rs 35,20,000. The stamp duty at 7% would be Rs 2,46,400, and the registration fee at 2% would be Rs 70,400, bringing the total fees to Rs 3,16,800. 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?

The Sub Registrar Office that covers Ganapathy Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

When buying or selling property in Kattupakkam, the guideline value plays a crucial role in determining the registration fees and stamp duty. These charges are calculated based on the guideline value, which serves as a benchmark for property transactions in the area.

It is essential for both buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to accurately assess the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Ganapathy Nagar?

The current guideline value of Ganapathy Nagar is Rs 3,520 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly over the years, with the most recent increase being 10% from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by 4858%.

What is the registration office for Ganapathy Nagar?

The registration office for Ganapathy Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated in Ganapathy Nagar?

Stamp duty in Ganapathy Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a plot valued at Rs 35,20,000 would incur a stamp duty of Rs 2,46,400.

What other streets have guideline values in Kattupakkam?

Other streets in Kattupakkam include Ettiamman Nagar, Elavarasi Nagar, D.S.M. Nagar, D.R.R. Nagar, Indira Nagar, and C.T.A. Nagar & Phase I, with values ranging from Rs 1,980 to Rs 3,520 per sq.ft in 2024.