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Guideline Value

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Guideline Value for KAKKANJI ST (GANDHI NAGAR)

₹988/sq.ft.

The guideline value for Kakkanji St (gandhi Nagar) 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 St (gandhi Nagar)

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Kakkanji St (Gandhi Nagar) guideline value

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

How the guideline value of Kakkanji St (Gandhi Nagar) has changed

The guideline value for Kakkanji St (Gandhi Nagar) has undergone 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. Following this, the 2023 revision increased the value to Rs 900 per sq.ft, and the latest 2024 revision has set it at Rs 988 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the value saw a significant increase of 49%. The overall change from the 2012 revision to the 2024 revision shows a modest increase of 10%. Notably, 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 that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value across these streets is Rs 988 per sq.ft, which aligns with the current guideline value of Kakkanji St (Gandhi Nagar).

Stamp duty and registration fee for property in Kakkanji St (Gandhi Nagar)

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 cost for these fees to Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kakkanji St (Gandhi Nagar)?

The Sub Registrar Office that covers Kakkanji St (Gandhi Nagar) is 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 is a crucial factor when registering property transactions in Thandurai. It serves as a benchmark for determining the applicable stamp duty and registration fees during the sale or purchase of property.

When a property is sold, the buyer must pay the stamp duty based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kakkanji St (Gandhi Nagar)?

The current guideline value of Kakkanji St (Gandhi Nagar) 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 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 St (Gandhi Nagar)?

The land classification for Kakkanji St (Gandhi Nagar) is Residential Class II Type - I.

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

For a property valued at Rs 9,88,000, the stamp duty is Rs 69,160 and the registration fee is Rs 19,760, totaling Rs 88,920.

Where can I find the Sub Registrar Office for Kakkanji St (Gandhi Nagar)?

The Avadi Sub Registrar Office covers Kakkanji St (Gandhi Nagar) and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.