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Guideline Value for KAILASH NAGAR(S.NO258,.259.262)

₹200/sq.ft.

The guideline value for Kailash Nagar(s.no258,.259.262) in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kailash Nagar(s.no258,.259.262)

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Kailash Nagar(S.No258,.259.262) guideline value

The current guideline value of Kailash Nagar(S.No258,.259.262) is Rs 200 per sq.ft. This property is located in Venmanamputhur village under the Tiruvallur Joint 1 SRO, classified as Residential Class II Type - II.

How the guideline value of Kailash Nagar(S.No258,.259.262) has changed

The guideline value for Kailash Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which was a significant change from the 2017 revision that recorded Rs 134 per sq.ft. This marked a decrease of 33%. However, the value increased by 49% in the 2023 revision, bringing it back to Rs 200 per sq.ft, a figure that remained unchanged in the 2024 revision.

For the years 2002, 2003, and 2007, the register has no figure for this street. Therefore, the most recent revisions show that from 2012 to 2024, the overall change in guideline value is 0%, with the 2023 to 2024 revision showing no change as well.

Guideline values in Venmanamputhur

In Venmanamputhur, there are 54 streets under the Tiruvallur Joint 1 SRO that have a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median value for these streets is Rs 200 per sq.ft, making Kailash Nagar's 2024 figure equal to this median.

Stamp duty and registration fee for property in Kailash Nagar(S.No258,.259.262)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kailash Nagar(S.No258,.259.262)?

The Kailash Nagar(S.No258,.259.262) is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Venmanamputhur. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When registering a property, buyers must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kailash Nagar?

The current guideline value of Kailash Nagar(S.No258,.259.262) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the 2017 revision at Rs 134 per sq.ft, increasing to Rs 200 per sq.ft in the 2023 and 2024 revisions. From 2012 to 2017, there was a decrease of 33%, followed by an increase of 49% from 2017 to 2023.

What is the land classification of Kailash Nagar?

Kailash Nagar is classified as Residential Class II Type - II, which indicates its suitability for residential development.

Where can I find the registration office for Kailash Nagar?

The registration office for Kailash Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001.

How is stamp duty calculated for properties in Kailash Nagar?

Stamp duty for properties in Kailash Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the same criteria.