Guideline Value

Corporate

Guideline Value for KAMATCHI NAGAR KOIL STREET

₹1980/sq.ft.

The guideline value for Kamatchi Nagar Koil Street in Iyyappanthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Iyyappanthangal

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Koil Street

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Kamatchi Nagar Koil Street guideline value

The current guideline value of Kamatchi Nagar Koil Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Iyyappanthangal village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Kamatchi Nagar Koil Street has changed

The guideline value for Kamatchi Nagar Koil Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which was then revised to Rs 1,206 per sq.ft in 2017, reflecting a decrease of 33%. In 2023, the value increased to Rs 1,800 per sq.ft, followed by a rise to Rs 1,980 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Iyyappanthangal

Iyyappanthangal has a total of 134 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 5,610 per sq.ft. The median value in this area is Rs 2,200 per sq.ft, positioning Kamatchi Nagar Koil Street's 2024 figure below that median.

Stamp duty and registration fee for property in Kamatchi Nagar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, leading to a total of Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamatchi Nagar Koil Street?

The Sub Registrar Office that covers Kamatchi Nagar Koil Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Iyyappanthangal. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency in the real estate market. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Kamatchi Nagar Koil Street?

The current guideline value of Kamatchi Nagar Koil Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification of Kamatchi Nagar Koil Street?

The land classification for Kamatchi Nagar Koil Street is Residential Class III Type - I.

What are the other streets in Iyyappanthangal with the same guideline value?

Other streets in Iyyappanthangal, such as Kamatchi Nagar Ist Street, Kamatchi Nagar Main Rod, and others, also have a guideline value of Rs 1,980 per sq.ft for 2024.

Where can I find the Sub Registrar Office for Kamatchi Nagar Koil Street?

The Sub Registrar Office for Kamatchi Nagar Koil Street is the Chennai South Joint I Sub Registrar Office, located in Fanepet Nandanam, Chennai -600 035.