Guideline Value

Corporate

Guideline Value for KAMARAJ NAGAR 8TH STREET

₹1625/sq.ft.

The guideline value for Kamaraj Nagar 8th Street in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /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 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹203 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹176 /sq.ft.
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 8th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kamaraj Nagar 8th Street guideline value

The current guideline value of Kamaraj Nagar 8th Street is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Kamaraj Nagar 8th Street has changed

The guideline value for Kamaraj Nagar 8th Street has seen several revisions over the years. In 2002, the value was Rs 176 per sq.ft, which increased to Rs 203 per sq.ft in 2003. Following this, the value rose significantly to Rs 350 per sq.ft in 2007, and then to Rs 1,200 per sq.ft in 2012. However, it saw a decrease to Rs 804 per sq.ft in 2017. The value then increased to Rs 1,500 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 1,625 per sq.ft. There are no figures available for any other revisions for this street.

From 2017 to 2023, the guideline value increased by 87%. The increase from 2023 to 2024 is 8%. In contrast, the value decreased by 33% from 2012 to 2017. The most significant increase occurred from 2007 to 2012, where the value rose by 243%. Overall, from 2002 to 2024, the guideline value has increased by 823%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a guideline value for 2024, ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value is Rs 1,625 per sq.ft, which is equal to the guideline value of Kamaraj Nagar 8th Street.

Stamp duty and registration fee for property in Kamaraj Nagar 8th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value would be Rs 16,25,000. The stamp duty at 7% would amount to Rs 1,13,750, and the registration fee at 2% would be Rs 32,500. Together, the total cost for stamp duty and registration would be Rs 1,46,250. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Kamaraj Nagar 8th Street?

The Kamaraj Nagar 8th Street is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers must be aware of the guideline value to ensure compliance with the legal requirements associated with property transactions.

When a property is registered, the guideline value is considered to prevent undervaluation and ensure that appropriate taxes are collected. It is essential for both parties in a transaction to understand the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kamaraj Nagar 8th Street?

The current guideline value of Kamaraj Nagar 8th Street is Rs 1,625 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 176 per sq.ft in 2002 to Rs 1,625 per sq.ft in 2024, reflecting an overall increase of 823% over this period.

What is the land classification for Kamaraj Nagar 8th Street?

The land classification for Kamaraj Nagar 8th Street is Residential 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 properties in Kamaraj Nagar 8th Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,25,000, the stamp duty at 7% would be Rs 1,13,750.