Guideline Value

Corporate

Guideline Value for KAMARAJ NAGAR 4TH MAIN ROAD

₹11000/sq.ft.

The guideline value for Kamaraj Nagar 4th Main Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 11000 per sq.ft, effective 1 July 2024. It was Rs 10000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹11000 /sq.ft.
From 1-4-2023 ₹10000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6700 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹10000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1241 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1122 /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 Main Road

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Kamaraj Nagar 4th Main Road guideline value

The current guideline value of Kamaraj Nagar 4th Main Road is Rs 11,000 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Kamaraj Nagar 4th Main Road has changed

The guideline value for Kamaraj Nagar 4th Main Road has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 1,122 per sq.ft. This increased to Rs 1,241 per sq.ft in 2003, marking a change of +11%. The value then rose significantly to Rs 1,800 per sq.ft in 2007, reflecting a +45% increase. Following this, the 2012 revision recorded a value of Rs 10,000 per sq.ft, which was a substantial increase of +456%. However, the value dropped to Rs 6,700 per sq.ft in 2017, indicating a decrease of -33%. The 2023 revision saw the value rise again to Rs 10,000 per sq.ft, and the most recent 2024 revision has set the value at Rs 11,000 per sq.ft, which is a +10% increase from the previous year.

Overall, from the 2002 revision to the 2024 revision, the guideline value has increased by +880%. There are no revisions with missing figures for this street 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 value for these streets is Rs 9,900 per sq.ft, placing Kamaraj Nagar 4th Main Road above this median.

Stamp duty and registration fee for property in Kamaraj Nagar 4th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 11,000 per sq.ft, the total guideline value would be Rs 1,10,00,000. The stamp duty at 7% would be Rs 7,70,000, and the registration fee at 2% would be Rs 2,20,000, bringing the total to Rs 9,90,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kamaraj Nagar 4th Main Road?

The Sub Registrar Office that covers Kamaraj Nagar 4th Main Road is 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 an essential figure used during the registration of property transactions in Thiruvanmiyur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps both the buyer and seller understand the minimum value at which the property can be registered. This value is crucial for determining the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Kamaraj Nagar 4th Main Road?

The current guideline value of Kamaraj Nagar 4th Main Road is Rs 11,000 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 1,122 per sq.ft in 2002 to Rs 11,000 per sq.ft in 2024, reflecting an overall increase of +880% over the years.

What is the median guideline value for streets in Thiruvanmiyur?

The median guideline value for streets in Thiruvanmiyur is Rs 9,900 per sq.ft, with Kamaraj Nagar 4th Main Road above this median at Rs 11,000 per sq.ft.

What are the stamp duty and registration fees for properties in Kamaraj Nagar 4th Main Road?

For a property valued at Rs 1,10,00,000, the stamp duty would be Rs 7,70,000, and the registration fee would be Rs 2,20,000, totaling Rs 9,90,000.

Which Sub Registrar Office covers Kamaraj Nagar 4th Main Road?

The Chennai South Joint I Sub Registrar Office covers Kamaraj Nagar 4th Main Road, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.