Guideline Value

Corporate

Guideline Value for KAMATCHIAMMAN NAGAR MAIN ROAD

₹1650/sq.ft.

The guideline value for Kamatchiamman Nagar Main Road in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1500 /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 Kamatchiamman Nagar Main Road

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Kamatchiamman Nagar Main Road guideline value

The current guideline value of Kamatchiamman Nagar Main Road is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO, classified as Residential Class IV Type - I.

How the guideline value of Kamatchiamman Nagar Main Road has changed

The guideline value for Kamatchiamman Nagar Main Road has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was set at Rs 1,500 per sq.ft. The most recent revision in 2024 increased this value to Rs 1,650 per sq.ft, marking a change of +10% from the 2012 revision.

There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 in the register for this street. Therefore, the guideline value has only been officially noted for the years 2012 and 2024.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that have a 2024 guideline value ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, which is equal to the 2024 figure for Kamatchiamman Nagar Main Road.

Stamp duty and registration fee for property in Kamatchiamman Nagar Main Road

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 16,50,000. The stamp duty at 7% amounts to Rs 1,15,500, and the registration fee at 2% is Rs 33,000, making the total Rs 1,48,500. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Kamatchiamman Nagar Main Road?

The Sub Registrar Office that covers Kamatchiamman Nagar Main Road 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 Pallikaranai

The guideline value is a critical factor when registering property transactions in Pallikaranai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for both the buyer and seller during the registration process.

Frequently asked questions

What is the current guideline value of Kamatchiamman Nagar Main Road?

The current guideline value of Kamatchiamman Nagar Main Road is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, reflecting a +10% increase. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What other streets have the same guideline value in Pallikaranai?

Other streets in Pallikaranai that share the same guideline value of Rs 1,650 per sq.ft include Kamatchiamman Nagar 4th Street, 3rd Street, 2nd Street, 1st Street, and Kamatchi Colony/Nagar.

What are the stamp duty and registration fees for a property in Kamatchiamman Nagar Main Road?

For a property valued at Rs 16,50,000, the stamp duty is Rs 1,15,500, and the registration fee is Rs 33,000, totaling Rs 1,48,500. Duty is charged on the higher of the guideline value or the sale price.

Which office handles registrations for Kamatchiamman Nagar Main Road?

The Chennai South Joint I Sub Registrar Office is responsible for handling registrations for Kamatchiamman Nagar Main Road. The office is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.