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Guideline Value

Corporate

Guideline Value for KAMARAJAR STREET (WARD-21)

₹660/sq.ft.

The guideline value for Kamarajar Street (ward-21) in Vallancheri village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Vallancheri

Village

Chengleput Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kamarajar Street (ward-21)

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Kamarajar Street (Ward-21) guideline value

The current guideline value of Kamarajar Street (Ward-21) is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Vallancheri village and falls under the Chengleput Joint II SRO, classified as Residential Class II Type - I.

How the guideline value of Kamarajar Street (Ward-21) has changed

In the 2012 revision, the guideline value was set at Rs 600 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 402 per sq.ft, marking a decrease of 33%. The value then increased to Rs 600 per sq.ft in the 2023 revision, followed by a rise to Rs 660 per sq.ft in the 2024 revision, reflecting a 10% increase.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figure for Kamarajar Street in the revisions for the years 2002, 2003, and 2007.

Guideline values in Vallancheri

In Vallancheri, there are 134 streets under the Chengleput Joint II SRO, with 2024 guideline values ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value in the village is Rs 825 per sq.ft, placing Kamarajar Street's 2024 figure below that median.

Stamp duty and registration fee for property in Kamarajar Street (Ward-21)

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value amounts to Rs 6,60,000. The stamp duty, calculated at 7%, would be Rs 46,200, while the registration fee at 2% would be Rs 13,200. Together, these fees amount to Rs 59,400. Duty is charged on the higher of the guideline value and the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamarajar Street (Ward-21)?

Kamarajar Street (Ward-21) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vallancheri. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the higher value between the guideline value and the sale price is taken into account for calculating the applicable duties and fees. This ensures that the registration process is transparent and based on established values.

Frequently asked questions

What is the current guideline value of Kamarajar Street (Ward-21)?

The current guideline value of Kamarajar Street (Ward-21) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What are the other streets in Vallancheri with their guideline values?

Other streets in Vallancheri include Kamatchi Nagar (Val) at Rs 880 per sq.ft, Kambar Street (Ward-20) at Rs 1,100 per sq.ft, and Kalaivani Nagar Main Road (Ward -1) at Rs 770 per sq.ft, among others.

What are the fees for registering property in Kamarajar Street (Ward-21)?

The fees for registering property in Kamarajar Street (Ward-21) include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Kamarajar Street (Ward-21)?

The Chengleput Joint II Sub Registrar Office handles the registration for Kamarajar Street (Ward-21), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.