Guideline Value

Corporate

Guideline Value for KAMARAJ NAGAR MAIN CROSS ST

₹1625/sq.ft.

The guideline value for Kamaraj Nagar Main Cross St 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 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 Main Cross St

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Kamaraj Nagar Main Cross St guideline value

The current guideline value of Kamaraj Nagar Main Cross St 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 Main Cross St has changed

The guideline value for Kamaraj Nagar Main Cross St has undergone several revisions over the years. In 2012, the value was Rs 1,200 per sq.ft, which decreased to Rs 804 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 1,500 per sq.ft in 2023, and currently stands at Rs 1,625 per sq.ft as of the 2024 revision. The changes between these revisions are notable: from 2012 to 2017, there was a decrease of 33%; however, from 2017 to 2023, the value increased by 87%. Overall, from 2012 to 2024, the guideline value has increased by 35%.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for Kamaraj Nagar Main Cross St in the register.

Guideline values in Paruthipattu

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

Stamp duty and registration fee for property in Kamaraj Nagar Main Cross St

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, charged at 7%, would amount to Rs 1,13,750, while the registration fee, charged at 2%, would be Rs 32,500. Together, the total cost for these fees would be Rs 1,46,250. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kamaraj Nagar Main Cross St?

The Sub Registrar Office that covers Kamaraj Nagar Main Cross St is 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 Paruthipattu

The guideline value is an important factor when registering property in Paruthipattu. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers should be aware that the guideline value may differ from the sale price, and the higher of the two will be used for calculating the applicable fees.

Additionally, the guideline value serves as a benchmark for property transactions in the area, ensuring that the registration process is standardized and transparent. Understanding this value can help buyers and sellers navigate the real estate market more effectively.

Frequently asked questions

What is the current guideline value of Kamaraj Nagar Main Cross St?

The current guideline value of Kamaraj Nagar Main Cross St 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 from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and currently stands at Rs 1,625 per sq.ft in 2024.

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

For a property valued at Rs 16,25,000, the stamp duty would be Rs 1,13,750 and the registration fee would be Rs 32,500, totaling Rs 1,46,250.

Which Sub Registrar Office covers Kamaraj Nagar Main Cross St?

The Avadi Sub Registrar Office covers Kamaraj Nagar Main Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Kamaraj Nagar Main Cross St?

The land classification for Kamaraj Nagar Main Cross St is Residential Special Type - I.