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Guideline Value

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Guideline Value for KAMARAJ NAGAR 4TH EAST STREET

₹9900/sq.ft.

The guideline value for Kamaraj Nagar 4th East 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 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1258 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1137 /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 4th East Street

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Kamaraj Nagar 4th East Street guideline value

The current guideline value of Kamaraj Nagar 4th East Street is Rs 9,900 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village, under the Chennai South Joint I SRO, and is classified as Residential Class I Type - I.

How the guideline value of Kamaraj Nagar 4th East Street has changed

The guideline value for Kamaraj Nagar 4th East Street has seen several revisions over the years. In 2002, the guideline value was Rs 1,137 per sq.ft, which increased to Rs 1,258 per sq.ft in 2003, marking an increase of 11%. The value continued to rise, reaching Rs 1,800 per sq.ft in 2007, a significant jump of 43%. By 2012, the value was Rs 9,000 per sq.ft, reflecting a remarkable increase of 400% from the previous revision. However, it then decreased to Rs 6,030 per sq.ft in 2017, a decline of 33%.

In 2023, the guideline value was Rs 9,000 per sq.ft, and it increased to Rs 9,900 per sq.ft in 2024, showing a rise of 10%. Overall, from 2002 to 2024, the guideline value has increased by 771%. There are no figures available for the revisions in years not listed in the register.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value 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 the same as the current value for Kamaraj Nagar 4th East Street.

Stamp duty and registration fee for property in Kamaraj Nagar 4th East Street

For a 1,000 sq.ft plot at the current guideline value of Rs 9,900 per sq.ft, the total guideline value would be Rs 99,00,000. The stamp duty at 7% would amount to Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, bringing the total fees to Rs 8,91,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Kamaraj Nagar 4th East Street?

The Kamaraj Nagar 4th East 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 is a crucial factor when registering a property in Thiruvanmiyur. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the property transaction process.

When you buy or sell property, the guideline value helps ensure that the transaction is documented at a value recognized by the government. This process helps maintain transparency and legality in property transactions within the region.

Frequently asked questions

What is the current guideline value of Kamaraj Nagar 4th East Street?

The current guideline value of Kamaraj Nagar 4th East Street is Rs 9,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has increased significantly, from Rs 1,137 per sq.ft to Rs 9,900 per sq.ft in 2024, marking an overall increase of 771%.

What is the land classification for Kamaraj Nagar 4th East Street?

Kamaraj Nagar 4th East Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for property transactions?

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. These fees are based on the guideline value.

Which office handles registrations for Kamaraj Nagar 4th East Street?

The Chennai South Joint I Sub Registrar Office is responsible for handling registrations for Kamaraj Nagar 4th East Street, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.