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Guideline Value

Corporate

Guideline Value for KADAMBADI AMMAN NAGAR - Angalaparameswari Street

₹2500/sq.ft.

The guideline value for Kadambadi Amman Nagar - Angalaparameswari Street in Nerkundram village (Virugambakkam SRO, Chennai zone) is Rs 2500 per sq.ft, effective 1 July 2024. It was Rs 2250 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nerkundram

Village

Virugambakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2500 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /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)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 Kadambadi Amman Nagar - Angalaparameswari Street

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KADAMBADI AMMAN NAGAR - Angalaparameswari Street guideline value

The current guideline value of KADAMBADI AMMAN NAGAR - Angalaparameswari Street is Rs 2,500 per sq.ft, effective from 1 July 2024. This street is located in Nerkundram village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of KADAMBADI AMMAN NAGAR - Angalaparameswari Street has changed

The guideline value for KADAMBADI AMMAN NAGAR - Angalaparameswari Street has seen several revisions over the years. The 2007 revision set the value at Rs 400 per sq.ft, which increased significantly to Rs 2,250 per sq.ft in 2012. However, there was a decrease to Rs 1,507 per sq.ft in 2017. Following this, the value rose to Rs 2,250 per sq.ft in 2023, and finally to Rs 2,500 per sq.ft in 2024, marking an increase of 11% from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 525%. The revisions for 2002 and 2003 do not have figures listed for this street in the register.

Guideline values in Nerkundram

Nerkundram has 476 streets under the Virugambakkam SRO, with guideline values ranging from Rs 1,650 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, placing KADAMBADI AMMAN NAGAR - Angalaparameswari Street above that median.

Stamp duty and registration fee for property in KADAMBADI AMMAN NAGAR - Angalaparameswari Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total to Rs 2,25,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers KADAMBADI AMMAN NAGAR - Angalaparameswari Street?

The KADAMBADI AMMAN NAGAR - Angalaparameswari Street is covered by the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Nerkundram. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly affects the costs associated with the transaction. Ensuring that you are informed about these values can help you plan your budget effectively.

Frequently asked questions

What is the current guideline value of KADAMBADI AMMAN NAGAR - Angalaparameswari Street?

The current guideline value of KADAMBADI AMMAN NAGAR - Angalaparameswari Street is Rs 2,500 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 400 per sq.ft in 2007 to Rs 2,500 per sq.ft in 2024, representing a total increase of 525% over the years.

What is the stamp duty for property in KADAMBADI AMMAN NAGAR - Angalaparameswari Street?

The stamp duty for property in KADAMBADI AMMAN NAGAR - Angalaparameswari Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office that covers KADAMBADI AMMAN NAGAR - Angalaparameswari Street is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What is the median guideline value in Nerkundram?

The median guideline value in Nerkundram is Rs 2,200 per sq.ft, with KADAMBADI AMMAN NAGAR - Angalaparameswari Street having a guideline value above this median.