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Guideline Value

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Guideline Value for KAKKANJI NAGAR 1ST CROSS ST

₹988/sq.ft.

The guideline value for Kakkanji Nagar 1st Cross St in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Kakkanji Nagar 1st Cross St

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Kakkanji Nagar 1st Cross St guideline value

The current guideline value of Kakkanji Nagar 1st Cross St is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the jurisdiction of the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Kakkanji Nagar 1st Cross St has changed

The guideline value for Kakkanji Nagar 1st Cross St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in the 2017 revision, marking a decrease of 33%. Following this, the 2023 revision increased the value to Rs 900 per sq.ft, and the latest revision in 2024 has raised it further to Rs 988 per sq.ft, reflecting a 10% increase from the previous year.

In total, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO, with 2024 guideline values ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value is Rs 988 per sq.ft, which is the same as the 2024 figure for Kakkanji Nagar 1st Cross St.

Stamp duty and registration fee for property in Kakkanji Nagar 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total charges to Rs 88,920. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator to estimate the costs for your property transaction.

Which Sub Registrar Office covers Kakkanji Nagar 1st Cross St?

The Kakkanji Nagar 1st Cross St falls under the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are documented at a fair value.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these charges are based on the higher of the guideline value or the sale price, which can impact the overall costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Kakkanji Nagar 1st Cross St?

The current guideline value of Kakkanji Nagar 1st Cross St is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Kakkanji Nagar 1st Cross St?

The land classification for Kakkanji Nagar 1st Cross St is Residential Class II Type - I.

Where can I find the registration office for Kakkanji Nagar 1st Cross St?

The registration office for Kakkanji Nagar 1st Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Kakkanji Nagar 1st Cross St?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, if the guideline value is Rs 9,88,000, the stamp duty at 7% would be Rs 69,160.