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Guideline Value

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Guideline Value for KAMATCHI NAGAR - Thirukural Street

₹3850/sq.ft.

The guideline value for Kamatchi Nagar - Thirukural Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 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:

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 ₹3500 /sq.ft.
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 N/A
From 1-4-2002 To 31-3-2003 N/A
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 - Thirukural Street

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KAMATCHI NAGAR - Thirukural Street guideline value

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

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

The guideline value for KAMATCHI NAGAR - Thirukural Street has seen several revisions over the years. In 2007, the value was Rs 650 per sq.ft, which increased significantly to Rs 3,500 per sq.ft in 2012, marking a rise of 438%. However, from 2012 to 2017, the value decreased by 33% to Rs 2,345 per sq.ft. The value then rose to Rs 3,500 per sq.ft in 2023, reflecting a 49% increase. The latest revision in 2024 has set the guideline value at Rs 3,850 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 492%.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO with a 2024 guideline value ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median value is Rs 3,850 per sq.ft, which is the same as the current guideline value for KAMATCHI NAGAR - Thirukural Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total 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 or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers KAMATCHI NAGAR - Thirukural Street?

The KAMATCHI NAGAR - Thirukural Street is covered by the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Valasaravakkam. 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.

Buyers and sellers should be aware that the guideline value may differ from the actual sale price. However, the stamp duty is charged based on the higher of the guideline value or the sale price, which means that it is essential to consider the guideline value when planning a property transaction.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 650 per sq.ft in 2007 to Rs 3,850 per sq.ft in 2024, marking an overall increase of 492%.

What factors influence the guideline value?

The guideline value is influenced by various factors, including land classification and the overall market conditions in the area. However, specific details about these factors are not provided in the available data.

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

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

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For KAMATCHI NAGAR - Thirukural Street, the guideline value is Rs 3,850 per sq.ft, which is used to determine the stamp duty and registration fees.