Guideline Value for KAMADHENU NAGAR EXTENSION

Kamadhenu Nagar Extension guideline value

The current guideline value of Kamadhenu Nagar Extension is Rs 448 per sq.ft, effective from 1 July 2024. This area is located in Thammanur village and falls under the Walajabad Sub Registrar Office (SRO). The land classification for this street is Residential Class III Type - I.

How the guideline value of Kamadhenu Nagar Extension has changed

The guideline value for Kamadhenu Nagar Extension has seen consistency in its recent revisions. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. However, for the years 2023 and 2024, the guideline value is Rs 448 per sq.ft, indicating no change from the previous year.

Specifically, from the 2023 revision to the 2024 revision, there was a change of +0%. This stability in the guideline value suggests that the rate has remained constant over the last two years.

Guideline values in Thammanur

In Thammanur, there are 16 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 448 per sq.ft. The median value for these streets is Rs 300 per sq.ft, and Kamadhenu Nagar Extension's 2024 figure is above that median.

• Jeevan Nagar: Rs 448 per sq.ft (2024)
• M.J.Nagar: Rs 300 per sq.ft (2024)
• Dhuvaragai Nagar: Rs 300 per sq.ft (2024)
• Oragadam Avenue: Rs 200 per sq.ft (2024)
• AKSHAYA GREEN (a) AKSHAYA GARDEN: Rs 200 per sq.ft (2024)
• Rishi Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Kamadhenu Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value amounts to Rs 4,48,000. The stamp duty at 7% would be Rs 31,360, and the registration fee at 2% would be Rs 8,960, bringing the total cost for these fees to Rs 40,320. It is important to note that the stamp 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 Kamadhenu Nagar Extension?

The Walajabad Sub Registrar Office covers Kamadhenu Nagar Extension. The office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration process for property transactions in Thammanur. It serves as a benchmark for calculating the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is sold, the guideline value helps ensure that the transaction is registered at a fair price, reflecting the current market conditions as determined by the Registration Department. This process helps maintain transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Kamadhenu Nagar Extension?

The current guideline value of Kamadhenu Nagar Extension is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

The guideline value for Kamadhenu Nagar Extension has remained constant at Rs 448 per sq.ft for both 2023 and 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the registration office for Kamadhenu Nagar Extension?

The registration office for Kamadhenu Nagar Extension is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

How is stamp duty calculated for properties in Kamadhenu Nagar Extension?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 4,48,000, the stamp duty would be Rs 31,360 at a rate of 7%.

What are the other streets with guideline values in Thammanur?

In Thammanur, other streets with guideline values include Jeevan Nagar at Rs 448 per sq.ft, M.J.Nagar and Dhuvaragai Nagar at Rs 300 per sq.ft, and several others ranging from Rs 150 to Rs 200 per sq.ft.