Guideline Value

Corporate

Guideline Value for KALIAMMAN KOIL 8th CROSS STREET

₹1700/sq.ft.

The guideline value for Kaliamman Koil 8th Cross Street in Karapakkam village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Karapakkam

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹311 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[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 Kaliamman Koil 8th Cross Street

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KALIAMMAN KOIL 8th CROSS STREET guideline value

The current guideline value of KALIAMMAN KOIL 8th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Karapakkam village under the Neelankarai SRO and is classified as Residential Class II Type - III.

How the guideline value of KALIAMMAN KOIL 8th CROSS STREET has changed

The guideline value for KALIAMMAN KOIL 8th CROSS STREET has undergone several revisions over the years. In 2007, the guideline value was Rs 311 per sq.ft. This increased significantly to Rs 1,500 per sq.ft in 2012, marking a substantial rise of 382%. However, between 2012 and 2017, the value decreased to Rs 1,005 per sq.ft, reflecting a decline of 33%. The value then saw a notable increase to Rs 1,500 per sq.ft in 2023, which was a 49% rise from the previous figure. As of the 2024 revision, the guideline value stands at Rs 1,700 per sq.ft, representing a 13% increase from 2023.

It is important to note that the register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 447%.

Guideline values in Karapakkam

In Karapakkam, there are 185 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 10,700 per sq.ft. The median value for these streets is Rs 1,700 per sq.ft, which is equal to the guideline value of KALIAMMAN KOIL 8th CROSS STREET.

Stamp duty and registration fee for property in KALIAMMAN KOIL 8th CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. 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 KALIAMMAN KOIL 8th CROSS STREET?

The KALIAMMAN KOIL 8th CROSS STREET falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Karapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately and fairly.

When buying or selling property, the guideline value affects the stamp duty and registration fees that are payable. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the actual sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of KALIAMMAN KOIL 8th CROSS STREET?

The current guideline value of KALIAMMAN KOIL 8th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting at Rs 311 per sq.ft in 2007 and reaching Rs 1,700 per sq.ft in 2024, an overall increase of 447%.

What is the registration office for KALIAMMAN KOIL 8th CROSS STREET?

The Neelankarai Sub Registrar Office covers KALIAMMAN KOIL 8th CROSS STREET, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is stamp duty calculated for properties in KALIAMMAN KOIL 8th CROSS STREET?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 1,19,000.

What are the guideline values of other streets in Karapakkam?

Other streets in Karapakkam have a guideline value of Rs 1,700 per sq.ft in 2024, consistent with KALIAMMAN KOIL 8th CROSS STREET. This includes KALIAMMAN KOIL 7th STREET 3rd CROSS, 2nd CROSS, and others.