Guideline Value

Corporate

Guideline Value for KAMATCHI NAGAR - Andal Street

₹3850/sq.ft.

The guideline value for Kamatchi Nagar - Andal Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹650 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹270 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹248 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Kamatchi Nagar - Andal Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

KAMATCHI NAGAR - Andal Street guideline value

The current guideline value for KAMATCHI NAGAR - Andal Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village, under the Virugambakkam SRO, and is classified as Residential Class II Type - I.

How the guideline value of KAMATCHI NAGAR - Andal Street has changed

The guideline value for KAMATCHI NAGAR - Andal Street has undergone several revisions since 2002. Starting from Rs 248 per sq.ft in 2002, it increased to Rs 270 per sq.ft in 2003, marking a 9% rise. The value saw a significant jump to Rs 650 per sq.ft in 2007, which was a 141% increase. In 2012, the value was revised to Rs 3,500 per sq.ft, reflecting a substantial increase of 438% from the previous revision. However, this was followed by a decrease to Rs 2,345 per sq.ft in 2017, a decline of 33%. The most recent revision in 2024 brought the guideline value back up to Rs 3,850 per sq.ft, a 64% increase from 2017.

There is no figure available for the year 2023 in the register for this street. Overall, from 2002 to 2024, the guideline value has increased by 1452%.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO that carry a 2024 guideline value, ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median guideline value is Rs 3,850 per sq.ft, which is equal to the 2024 figure for KAMATCHI NAGAR - Andal Street.

Stamp duty and registration fee for property in KAMATCHI NAGAR - Andal Street

For a 1,000 sq.ft plot at the current rate of Rs 3,850 per sq.ft, the guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total to Rs 3,46,500. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers KAMATCHI NAGAR - Andal Street?

The KAMATCHI NAGAR - Andal Street falls under the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Valasaravakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for KAMATCHI NAGAR - Andal Street?

The current guideline value for KAMATCHI NAGAR - Andal Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting at Rs 248 per sq.ft in 2002 and reaching Rs 3,850 per sq.ft in 2024, which is an overall increase of 1452% over this period.

Where can I find the registration office for KAMATCHI NAGAR - Andal Street?

The registration office for KAMATCHI NAGAR - Andal Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What is the stamp duty for property transactions in KAMATCHI NAGAR - Andal Street?

The stamp duty for property transactions in KAMATCHI NAGAR - Andal Street is 7% of the guideline value or the sale price, whichever is higher.

Are there other streets with the same guideline value in Valasaravakkam?

Yes, other streets in Valasaravakkam, such as KAMATCHI NAGAR - Balaji Street, KAMATCHI NAGAR - Kamatchi Nagar Main Road, and others, also have a guideline value of Rs 3,850 per sq.ft in 2024.