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Guideline Value

Corporate

Guideline Value for KANNABIRAN KOIL 1 TO 2 STREETS

₹2200/sq.ft.

The guideline value for Kannabiran Koil 1 To 2 Streets in Thirusulam village (Pallavaram SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirusulam

Village

Pallavaram

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kannabiran Koil 1 To 2 Streets

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Kannabiran Koil 1 To 2 Streets guideline value

The current guideline value of Kannabiran Koil 1 To 2 Streets is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Thirusulam village, under the Pallavaram SRO, and is classified as Residential Class II Type - II.

How the guideline value of Kannabiran Koil 1 To 2 Streets has changed

Over the years, the guideline value of Kannabiran Koil 1 To 2 Streets has seen several revisions. In 2012, the guideline value was set at Rs 2,000 per sq.ft. This figure then decreased to Rs 1,340 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,000 per sq.ft, a rise of 49%. The most recent revision in 2024 established the current guideline value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thirusulam

In Thirusulam, there are 74 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 1,080 to Rs 2,750 per sq.ft. The median value for these streets is Rs 1,940 per sq.ft, placing the 2024 figure for Kannabiran Koil 1 To 2 Streets above that median.

Stamp duty and registration fee for property in Kannabiran Koil 1 To 2 Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees together to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kannabiran Koil 1 To 2 Streets?

The Sub Registrar Office that covers Kannabiran Koil 1 To 2 Streets is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Thirusulam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the established value of the property.

When buying or selling property, both the buyer and seller must be aware of the guideline value, as it influences the final costs involved in the transaction. This value helps maintain transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Kannabiran Koil 1 To 2 Streets?

The current guideline value of Kannabiran Koil 1 To 2 Streets is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then increased to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,200 per sq.ft in 2024.

What is the land classification of Kannabiran Koil 1 To 2 Streets?

Kannabiran Koil 1 To 2 Streets is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Kannabiran Koil 1 To 2 Streets is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

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. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at 7%.