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Guideline Value

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Guideline Value for KAATHAVARAYAN KOIL STREET (WARD -1)

₹770/sq.ft.

The guideline value for Kaathavarayan Koil Street (ward -1) in Thailavaram village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 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

Thailavaram

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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 Kaathavarayan Koil Street (ward -1)

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Kaathavarayan Koil Street (Ward -1) guideline value

The current guideline value of Kaathavarayan Koil Street (Ward -1) is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thailavaram village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Kaathavarayan Koil Street (Ward -1) has changed

Over the years, the guideline value for Kaathavarayan Koil Street has seen several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which was then reduced to Rs 469 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 700 per sq.ft, and the latest 2024 revision has raised it further to Rs 770 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From the 2012 to 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The overall change from the 2012 revision to the 2024 revision is an increase of 10%.

Guideline values in Thailavaram

In Thailavaram, there are 132 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median value across these streets is Rs 770 per sq.ft, which is equal to the current guideline value of Kaathavarayan Koil Street.

Stamp duty and registration fee for property in Kaathavarayan Koil Street (Ward -1)

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, together totaling Rs 69,300. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kaathavarayan Koil Street (Ward -1)?

The Sub Registrar Office that covers Kaathavarayan Koil Street (Ward -1) 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 Thailavaram

The guideline value plays a crucial role during property transactions in Thailavaram. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must be aware that the guideline value is often referenced during the registration process to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used for calculating the necessary fees. This ensures that the transaction is fairly assessed according to the established values set by the local authorities.

Frequently asked questions

What is the current guideline value of Kaathavarayan Koil Street (Ward -1)?

The current guideline value of Kaathavarayan Koil Street (Ward -1) is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What are the other streets in Thailavaram with their guideline values?

Other streets in Thailavaram include Kakkan Street Mgr Nagar at Rs 881 per sq.ft, Kalaignar Karunanithi Street at Rs 1,100 per sq.ft, and Kalaimagal Street at Rs 660 per sq.ft, among others.

What is the registration fee for property in Kaathavarayan Koil Street (Ward -1)?

The registration fee for property in Kaathavarayan Koil Street (Ward -1) is calculated based on the guideline value. For a 1,000 sq.ft plot, the total registration fee would be Rs 15,400.

Where can I find the Sub Registrar Office for Kaathavarayan Koil Street (Ward -1)?

The Sub Registrar Office for Kaathavarayan Koil Street (Ward -1) is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about your SRO online.