Guideline Value for K.B.R. Nagar
₹1760/sq.ft.
The guideline value for K.b.r. Nagar in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Anakaputhur
Village
Pammal
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1760 /sq.ft. |
| From 1-4-2023 | ₹1600 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1072 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | ₹300 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹216 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on K.b.r. Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pammal sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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K.B.R. Nagar guideline value
The current guideline value of K.B.R. Nagar is Rs 1,760 per sq.ft, effective from 1 July 2024. This area is located in Anakaputhur village and falls under the Pammal Sub Registrar Office (SRO). The land classification for this street is Residential Class II Type - I.
How the guideline value of K.B.R. Nagar has changed
The guideline value for K.B.R. Nagar has seen significant changes over the years. In the 2003 revision, the value was Rs 216 per sq.ft, which increased to Rs 300 per sq.ft in 2007. This marked a 39% increase. The value then rose dramatically to Rs 1,072 per sq.ft in 2017, reflecting a 257% increase from the 2007 figure. The 2023 revision set the value at Rs 1,600 per sq.ft, a 49% increase from 2017. The most recent revision in 2024 has brought the guideline value to Rs 1,760 per sq.ft, which is a 10% increase from the previous year.
There are no figures available for the years 2002 and 2012 in the register for K.B.R. Nagar. Overall, the guideline value has increased by 715% from Rs 216 per sq.ft in 2003 to Rs 1,760 per sq.ft in 2024.
Guideline values in Anakaputhur
In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. The guideline value for K.B.R. Nagar is below this median.
- Kennadi Nagar 3rd Street: Rs 2,350 per sq.ft (2024)
- Kennadi Nagar IInd Street: Rs 2,350 per sq.ft (2024)
- Kennadi Nagar Ist Street: Rs 2,350 per sq.ft (2024)
- Kenndy Nagar: Rs 2,350 per sq.ft (2024)
- Kaveri Street: Rs 1,760 per sq.ft (2024)
- Kattabooman Street (Balaji Nagar): Rs 2,350 per sq.ft (2024)
Stamp duty and registration fee for property in K.B.R. Nagar
For a 1,000 sq.ft plot at the current rate of Rs 1,760 per sq.ft, the guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total fees together to Rs 1,58,400. It is important to note that 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 details.
Which Sub Registrar Office covers K.B.R. Nagar?
The Sub Registrar Office that covers K.B.R. Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 Anakaputhur
The guideline value is a crucial factor when registering property transactions in Anakaputhur. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation of the property.
When a property is bought or sold, the guideline value helps determine the official value of the transaction, which is essential for legal documentation and compliance with local regulations. Buyers and sellers must consider this value to ensure accurate financial planning and adherence to statutory requirements.
Frequently asked questions
What is the current guideline value of K.B.R. Nagar?
The current guideline value of K.B.R. Nagar is Rs 1,760 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed significantly, from Rs 216 per sq.ft in 2003 to Rs 1,760 per sq.ft in 2024, reflecting an overall increase of 715%.
What are the stamp duty and registration fees for property in K.B.R. Nagar?
For a property valued at Rs 17,60,000, the stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, totaling Rs 1,58,400.
Which office handles property registrations in K.B.R. Nagar?
The Pammal Sub Registrar Office handles property registrations in K.B.R. Nagar, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.
What is the land classification for K.B.R. Nagar?
The land classification for K.B.R. Nagar is Residential Class II Type - I, indicating its designated use for residential purposes.
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