Guideline Value

Corporate

Guideline Value for K.P.S. Nagar

₹1000/sq.ft.

The guideline value for K.p.s. Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on K.p.s. Nagar

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K.P.S. Nagar guideline value

The current guideline value of K.P.S. Nagar, located in Adhanoor village under the Gooduvancheri SRO, is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Residential Special Type - I land classification.

How the guideline value of K.P.S. Nagar has changed

The guideline value for K.P.S. Nagar has seen various revisions over the years. The earliest recorded figure is from 2007, when it was Rs 200 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, in 2017, the value decreased to Rs 670 per sq.ft, representing a 33% drop. The value remained at Rs 670 per sq.ft until the 2023 revision, which again set it at Rs 1,000 per sq.ft, showing no change. The latest revision in 2024 maintains the guideline value at Rs 1,000 per sq.ft, indicating a 0% change from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 400%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Adhanoor

Adhanoor village has a total of 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value in this village is Rs 1,000 per sq.ft, which aligns with the current value for K.P.S. Nagar.

Stamp duty and registration fee for property in K.P.S. Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty, charged at 7%, would be Rs 70,000, while the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your exact fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.P.S. Nagar?

The K.P.S. Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Adhanoor. It is used as a benchmark for determining the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the government receives the appropriate revenue from property transactions.

When selling property, the guideline value helps establish a fair price for both the buyer and seller. It is essential for buyers to be aware of the guideline value to ensure they are making informed decisions during the transaction process.

Frequently asked questions

What is the current guideline value of K.P.S. Nagar?

The current guideline value of K.P.S. Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed multiple times, starting from Rs 200 per sq.ft in 2007, rising to Rs 1,000 in 2012, then decreasing to Rs 670 in 2017, and returning to Rs 1,000 in 2023 and 2024.

What is the land classification for K.P.S. Nagar?

K.P.S. Nagar is classified as Residential Special Type - I, which is significant for property transactions in the area.

What are the stamp duty and registration fees for property in K.P.S. Nagar?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for K.P.S. Nagar?

The Gooduvancheri Sub Registrar Office covers K.P.S. Nagar and is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.