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

Guideline Value

Corporate

Guideline Value for KALAIVANAR NAGAR "EVAN STREET"

₹2200/sq.ft.

The guideline value for Kalaivanar Nagar "evan Street" in Padi village (Villivakkam SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Padi

Village

Villivakkam

SRO

Residential Class V Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹850 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Kalaivanar Nagar "evan 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

Kalaivanar Nagar "evan Street" guideline value

The current guideline value of Kalaivanar Nagar "evan Street" is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Padi village, under the Villivakkam SRO, and falls under the Residential Class V Type - II land classification.

How the guideline value of Kalaivanar Nagar "evan Street" has changed

The guideline value for Kalaivanar Nagar "evan Street" has seen several revisions over the years. In 2007, the value was Rs 850 per sq.ft, which increased to Rs 2,000 per sq.ft in 2012. However, there was a decrease to Rs 1,340 per sq.ft in 2017, before rising significantly to Rs 2,000 per sq.ft again in 2023. The most recent revision in 2024 has set the value at Rs 2,200 per sq.ft, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 159%. It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Padi

In Padi, there are 354 streets under the Villivakkam SRO that have a 2024 guideline value ranging from Rs 2,200 to Rs 13,200 per sq.ft, with a median value of Rs 3,800 per sq.ft. The guideline value of Rs 2,200 per sq.ft for Kalaivanar Nagar "evan Street" is below this median.

Stamp duty and registration fee for property in Kalaivanar Nagar "evan Street"

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Kalaivanar Nagar "evan Street"?

The Sub Registrar Office that covers Kalaivanar Nagar "evan Street" is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Padi. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the sale price and the guideline value are compared, and the higher of the two is used to calculate the applicable duties. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kalaivanar Nagar "evan Street"?

The current guideline value of Kalaivanar Nagar "evan Street" is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, marking a total increase of 159% over the years.

What is the stamp duty for a property in Kalaivanar Nagar "evan Street"?

The stamp duty for a property in Kalaivanar Nagar "evan Street" is calculated at 7% of the guideline value or the sale price, whichever is higher.

Which office handles property registrations in this area?

The Villivakkam Sub Registrar Office handles property registrations for Kalaivanar Nagar "evan Street".

Are there other streets in Padi with the same guideline value?

Yes, there are several other streets in Padi that share the same guideline value of Rs 2,200 per sq.ft, including Kalaivanar Nagar "dharmaraj Street", "karumariamman Nagar", "alla Street", "k.N.Main Road", and "krishnan Street".