Guideline Value for KAMARAJ NAGAR
₹2400/sq.ft.
The guideline value for Kamaraj Nagar in Chitthalapakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chitthalapakkam
Village
Selaiyur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2400 /sq.ft. |
| From 1-4-2023 | ₹2200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1474 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2200 /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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Kamaraj Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kamaraj Nagar guideline value
The current guideline value of Kamaraj Nagar, located in Chitthalapakkam village under the Selaiyur SRO, is Rs 2,400 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.
How the guideline value of Kamaraj Nagar has changed
The guideline value for Kamaraj Nagar has seen several revisions over the years. The earliest revision recorded is from 2012, where the guideline value was Rs 2,200 per sq.ft. This value remained unchanged until the 2017 revision, which saw a decrease to Rs 1,474 per sq.ft. In 2023, the value increased to Rs 2,200 per sq.ft, and the most recent revision in 2024 set the value at Rs 2,400 per sq.ft.
Between the revisions, there have been notable changes. From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The change from 2023 to 2024 reflects a 9% increase. Overall, from 2012 to 2024, the guideline value has increased by 9%.
Guideline values in Chitthalapakkam
In Chitthalapakkam, there are 107 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 5,000 per sq.ft, with a median value of Rs 2,900 per sq.ft. The guideline value for Kamaraj Nagar is below this median.
- Kamaraj Avenue: Rs 2,700 per sq.ft (2024)
- Kamaraj Street: Rs 1,950 per sq.ft (2024)
- Kambar Street: Rs 1,950 per sq.ft (2024)
- Kalaingar Street: Rs 1,950 per sq.ft (2024)
- Kakanji Street: Rs 1,950 per sq.ft (2024)
- Kanni Koil Street: Rs 2,900 per sq.ft (2024)
Stamp duty and registration fee for property in Kamaraj Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, leading to a total of Rs 2,16,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Kamaraj Nagar?
The Sub Registrar Office that covers Kamaraj Nagar is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Chitthalapakkam
The guideline value is a crucial factor during the registration of property transactions in Chitthalapakkam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.
When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This process helps maintain transparency and standardization in property dealings.
Frequently asked questions
What is the current guideline value of Kamaraj Nagar?
The current guideline value of Kamaraj Nagar is Rs 2,400 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.
What is the land classification of Kamaraj Nagar?
Kamaraj Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.
Where can I find the Selaiyur Sub Registrar Office?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
How is stamp duty calculated in Kamaraj Nagar?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, on a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 at a rate of 7%.
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