Guideline Value for KAMARAJAR SALAI 2 AND 3RD STREET
₹2160/sq.ft.
The guideline value for Kamarajar Salai 2 And 3rd Street in Kovilambakkam village (Pallavaram SRO, Chengalpattu zone) is Rs 2160 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kovilambakkam
Village
Pallavaram
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2160 /sq.ft. |
| From 1-4-2023 | ₹2000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1340 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2000 /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)
7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Kamarajar Salai 2 And 3rd Street
- 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
- Pallavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kamarajar Salai 2 And 3rd Street guideline value
The current guideline value of Kamarajar Salai 2 And 3rd Street is Rs 2,160 per sq.ft, effective from 1 July 2024. This street is located in Kovilambakkam village under the Pallavaram SRO, classified as Residential Class II Type - I.
How the guideline value of Kamarajar Salai 2 And 3rd Street has changed
The guideline value for Kamarajar Salai 2 And 3rd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, which was then reduced to Rs 1,340 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,000 per sq.ft, and the latest revision in 2024 has set it at Rs 2,160 per sq.ft, marking an 8% increase from the previous year.
From 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%. The revisions from 2002, 2003, and 2007 have no figures recorded for this street.
Guideline values in Kovilambakkam
Kovilambakkam has a total of 61 streets under the Pallavaram SRO, with guideline values ranging from Rs 1,320 to Rs 5,610 per sq.ft. The median guideline value in the village is Rs 2,750 per sq.ft, indicating that Kamarajar Salai 2 And 3rd Street's 2024 figure is below this median.
- Kamaraj Street: Rs 2,200 per sq.ft (2024)
- Kalaingar Salai 1 To 4 Streets: Rs 2,160 per sq.ft (2024)
- Kalaignar Salai: Rs 2,200 per sq.ft (2024)
- Karpagam Nagar: Rs 2,750 per sq.ft (2024)
- Kbg Nagar: Rs 2,750 per sq.ft (2024)
- Kolathur Salai: Rs 2,750 per sq.ft (2024)
Stamp duty and registration fee for property in Kamarajar Salai 2 And 3rd Street
For a 1,000 sq.ft plot at the current guideline value of Rs 2,160 per sq.ft, the total guideline value amounts to Rs 21,60,000. The stamp duty at 7% would be Rs 1,51,200, and the registration fee at 2% would be Rs 43,200, leading to a total of Rs 1,94,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Kamarajar Salai 2 And 3rd Street?
The Sub Registrar Office that covers Kamarajar Salai 2 And 3rd Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.
You can find your SRO for more details.
How the guideline value is used when you buy or sell in Kovilambakkam
The guideline value is a crucial aspect when buying or selling property in Kovilambakkam. It serves as a benchmark for determining the minimum value of a property, ensuring that transactions are conducted fairly and transparently.
When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that all parties involved are aware of the financial obligations associated with the transaction.
Frequently asked questions
What is the current guideline value of Kamarajar Salai 2 And 3rd Street?
The current guideline value of Kamarajar Salai 2 And 3rd Street is Rs 2,160 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then back to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,160 per sq.ft in 2024.
What are the other streets in Kovilambakkam?
Other streets in Kovilambakkam include Kamaraj Street, Kalaingar Salai 1 To 4 Streets, Kalaignar Salai, Karpagam Nagar, Kbg Nagar, and Kolathur Salai, each with their respective guideline values.
What is the stamp duty rate for properties in Kovilambakkam?
The stamp duty rate for properties in Kovilambakkam is 7% of the guideline value or sale price, whichever is higher.
Where can I find the Sub Registrar Office for Kamarajar Salai 2 And 3rd Street?
The Sub Registrar Office for Kamarajar Salai 2 And 3rd Street is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.
Ask the records, or walk the map.
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