Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street

₹2500/sq.ft.

The guideline value for Kadambadi Amman Nagar - Kadambadi Naicken 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 - Kadambadi Naicken Street

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

KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street guideline value

The current guideline value for KADAMBADI AMMAN NAGAR - Kadambadi Naicken 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, with a land classification of Residential Class III Type - II.

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

The guideline value for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street has undergone several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which saw a significant increase to Rs 2,250 per sq.ft in 2012. However, this value decreased to Rs 1,507 per sq.ft in 2017. The 2023 revision set the value at Rs 2,250 per sq.ft, which then increased to Rs 2,500 per sq.ft in 2024, marking an 11% rise 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 available for this street.

Guideline values in Nerkundram

In the village of Nerkundram, there are 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 for these streets is Rs 2,200 per sq.ft, making the current value for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street above this median.

Stamp duty and registration fee for property in KADAMBADI AMMAN NAGAR - Kadambadi Naicken 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 and the sale price.

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

Which Sub Registrar Office covers KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street?

The KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street falls under 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 is a crucial factor in the registration of property transactions in Nerkundram. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs reflect the current market conditions as set by the government.

When buying or selling property, the guideline value is compared against the sale price. The higher of the two values is used to determine the applicable stamp duty and registration fees, which are mandatory during the registration process.

Frequently asked questions

What is the current guideline value for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 2,500 per sq.ft in 2024, reflecting an overall increase of 525% over this period.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 25,00,000, the stamp duty would be Rs 1,75,000 and the registration fee would be Rs 50,000, totaling Rs 2,25,000.

Which office handles registrations for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street?

The Virugambakkam Sub Registrar Office handles registrations for KADAMBADI AMMAN NAGAR - Kadambadi Naicken Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

Where can I find more information about guideline values in Nerkundram?

More information about guideline values in Nerkundram can be found in the registration department's guideline value register, which details values for various streets in the area.