Guideline Value for KAMARAJ COLONY 3RD STREET

₹4400/sq.ft.

The guideline value for Kamaraj Colony 3rd Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1050 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹873 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹795 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[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 Kamaraj Colony 3rd Street

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Kamaraj Colony 3rd Street guideline value

The current guideline value of Kamaraj Colony 3rd Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, classified as Residential Class IV Type - II.

How the guideline value of Kamaraj Colony 3rd Street has changed

The guideline value for Kamaraj Colony 3rd Street has seen several revisions over the years. The earliest figure available is from 2002, which was Rs 795 per sq.ft. This increased to Rs 873 per sq.ft in 2003, marking a 10% rise. In 2007, the value jumped significantly to Rs 1,050 per sq.ft, representing a 20% increase from the previous revision. The next revision in 2012 saw the value remain at Rs 4,000 per sq.ft, with no change from the previous figure. In 2023, the guideline value was again Rs 4,000 per sq.ft, and then it increased to Rs 4,400 per sq.ft in 2024, reflecting a 10% rise.

There is no figure available for the 2017 revision in the register for Kamaraj Colony 3rd Street. Overall, from 2002 to 2024, the guideline value has increased by 453%.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value for these streets is Rs 5,800 per sq.ft, indicating that Kamaraj Colony 3rd Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Kamaraj Colony 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. 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 details.

Which Sub Registrar Office covers Kamaraj Colony 3rd Street?

Kamaraj Colony 3rd Street falls under the jurisdiction of the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial figure used during the registration of property transactions in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the sale or purchase of property.

When a property is bought or sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is aligned with the prevailing market conditions.

Frequently asked questions

What is the current guideline value of Kamaraj Colony 3rd Street?

The current guideline value of Kamaraj Colony 3rd Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 795 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 453% over the years.

What is the land classification for Kamaraj Colony 3rd Street?

Kamaraj Colony 3rd Street is classified as Residential Class IV Type - II under the Kodambakkam SRO.

What is the stamp duty for property in Kamaraj Colony 3rd Street?

The stamp duty for property in Kamaraj Colony 3rd Street is calculated at 7% of the guideline value or sale price, whichever is higher.

Which office handles the registration for Kamaraj Colony 3rd Street?

The Kodambakkam Sub Registrar Office handles the registration for Kamaraj Colony 3rd Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.