Guideline Value

Corporate

Guideline Value for KAMARAJ NAGAR 9TH ST

₹1980/sq.ft.

The guideline value for Kamaraj Nagar 9th 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 9th St

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Kamaraj Nagar 9th St guideline value

The current guideline value of Kamaraj Nagar 9th St is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Paleripattu village under the Avadi SRO, and it is classified as Commercial Special Type - I.

How the guideline value of Kamaraj Nagar 9th St has changed

The guideline value for Kamaraj Nagar 9th St has seen several revisions over the years. The earliest recorded figure is from 2012, where it was Rs 1,200 per sq.ft. This value decreased to Rs 804 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 124%, bringing the value up to Rs 1,800 per sq.ft. The most recent revision in 2024 shows an increase of 10%, resulting in the current guideline value of Rs 1,980 per sq.ft.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, the guideline value has increased by 65% from 2012 to 2024.

Guideline values in Paleripattu

In Paleripattu, there are 111 streets under the Avadi SRO that have 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, placing Kamaraj Nagar 9th St above this median.

Stamp duty and registration fee for property in Kamaraj Nagar 9th 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, bringing the total to Rs 1,78,200. It is important to note that 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 more precise calculations.

Which Sub Registrar Office covers Kamaraj Nagar 9th St?

The Kamaraj Nagar 9th St falls under the jurisdiction of the Avadi Sub Registrar Office, located at 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 property transactions in Paleripattu, as it determines the minimum value at which a property can be registered. This value is used by the registration authorities to calculate the applicable stamp duty and registration fees during the sale or purchase of property.

When buying or selling a property, it is essential to consider the guideline value to ensure compliance with local regulations. The registration process will rely on this value to ascertain the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Kamaraj Nagar 9th St?

The current guideline value of Kamaraj Nagar 9th St is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,200 per sq.ft in 2012 to Rs 1,980 per sq.ft in 2024, marking an overall increase of 65% over this period.

What is the land classification for Kamaraj Nagar 9th St?

Kamaraj Nagar 9th St is classified as Commercial Special Type - I, which indicates its suitability for commercial activities.

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

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which office handles the registration for Kamaraj Nagar 9th St?

The Avadi Sub Registrar Office handles the registration for Kamaraj Nagar 9th St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.