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Guideline Value

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Guideline Value for KAMARAJ NAGAR 3RD WEST STREET

₹9900/sq.ft.

The guideline value for Kamaraj Nagar 3rd West Street in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹9900 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹947 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹856 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Kamaraj Nagar 3rd West Street

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Kamaraj Nagar 3rd West Street guideline value

The current guideline value of Kamaraj Nagar 3rd West Street is Rs 9,900 per sq.ft. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Kamaraj Nagar 3rd West Street has changed

Over the years, the guideline value of Kamaraj Nagar 3rd West Street has seen significant changes. In 2002, the guideline value was Rs 856 per sq.ft. This increased to Rs 947 per sq.ft in 2003, marking an increase of 11%. The value continued to rise, reaching Rs 1,300 per sq.ft in 2007, which was a 37% increase from the previous figure. By 2012, however, the guideline value decreased to Rs 9,000 per sq.ft, representing a decline of 33% from 2017's figure of Rs 6,030 per sq.ft. The value then increased to Rs 9,000 per sq.ft in 2012, and further increased to Rs 9,000 per sq.ft in 2023.

The most recent revision in 2024 set the guideline value at Rs 9,900 per sq.ft, an increase of 10% from the 2023 figure. Overall, from 2002 to 2024, the guideline value has increased by 1,057%.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, with values ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median guideline value is Rs 9,900 per sq.ft, which is equal to the 2024 figure for Kamaraj Nagar 3rd West Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 9,900 per sq.ft, the total guideline value amounts to Rs 99,00,000. The stamp duty at 7% would be Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, bringing the total charges to Rs 8,91,000. Please 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 further calculations.

Which Sub Registrar Office covers Kamaraj Nagar 3rd West Street?

The Kamaraj Nagar 3rd West Street is covered by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thiruvanmiyur. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately and legally.

It is important for buyers and sellers to be aware of the current guideline value as it can impact the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

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

The current guideline value of Kamaraj Nagar 3rd West Street is Rs 9,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 856 per sq.ft in 2002 to Rs 9,900 per sq.ft in 2024, showing an overall increase of 1,057% over this period.

What is the role of the Chennai South Joint I SRO?

The Chennai South Joint I SRO is responsible for maintaining the guideline value register and overseeing property registrations in the area, including Kamaraj Nagar 3rd West Street.

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

For a property valued at Rs 99,00,000, the stamp duty would be Rs 6,93,000, and the registration fee would be Rs 1,98,000, totaling Rs 8,91,000.

Where can I find more information about the guideline values in Thiruvanmiyur?

More information about the guideline values in Thiruvanmiyur can be found in the guideline value register maintained by the Registration Department, as well as through the Chennai South Joint I SRO.