Guideline Value

Corporate

Guideline Value for KAMARAJ NAGAR 4TH ST

₹1980/sq.ft.

The guideline value for Kamaraj Nagar 4th St in Paleripattu village (Avadi SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paleripattu

Village

Avadi

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 St

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Kamaraj Nagar 4th St guideline value

The current guideline value of Kamaraj Nagar 4th St is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Paleripattu village, under the Avadi Sub Registrar Office (SRO). The land classification for this area is Commercial Special Type - I.

How the guideline value of Kamaraj Nagar 4th St has changed

The guideline value for Kamaraj Nagar 4th St has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,800 per sq.ft, marking a rise of 124%. The most recent revision in 2024 has further increased the value to Rs 1,980 per sq.ft, which is a 10% increase from the previous year.

Overall, the guideline value has increased by 65% from the 2012 revision to the 2024 revision. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for Kamaraj Nagar 4th St.

Guideline values in Paleripattu

Paleripattu village has a total of 111 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,200 per sq.ft. The median value for these streets is Rs 990 per sq.ft, making Kamaraj Nagar 4th St’s 2024 figure of Rs 1,980 per sq.ft higher than the median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, making the total fees together Rs 1,78,200. It is important to note that stamp 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 detailed calculations.

Which Sub Registrar Office covers Kamaraj Nagar 4th St?

The Kamaraj Nagar 4th St falls under the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paleripattu. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is considered to ensure that the government receives the appropriate revenue from the transaction. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

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

The current guideline value of Kamaraj Nagar 4th St is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for Kamaraj Nagar 4th St?

The land classification for Kamaraj Nagar 4th St is Commercial Special Type - I.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For Kamaraj Nagar 4th St, the current guideline value is used for this calculation.