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Guideline Value

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Guideline Value for KANNAPPA NAGAR 3RD MAIN ROAD

₹8250/sq.ft.

The guideline value for Kannappa Nagar 3rd Main Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 8250 per sq.ft, effective 1 July 2024. It was Rs 7500 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

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹8250 /sq.ft.
From 1-4-2023 ₹7500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5025 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹896 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹810 /sq.ft.
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 Kannappa Nagar 3rd Main Road

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Kannappa Nagar 3rd Main Road guideline value

The current guideline value of Kannappa Nagar 3rd Main Road is Rs 8,250 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kannappa Nagar 3rd Main Road has changed

The guideline value for Kannappa Nagar 3rd Main Road has seen several revisions over the years. In 2002, the value was Rs 810 per sq.ft, which increased to Rs 896 per sq.ft in 2003, marking a change of +11%. The value then rose significantly to Rs 1,300 per sq.ft in 2007, a change of +45%. Following that, the value surged to Rs 7,500 per sq.ft in 2012, reflecting a substantial increase of +477%. However, there was a decline to Rs 5,025 per sq.ft in 2017, a decrease of -33%. The value then increased to Rs 7,500 per sq.ft in 2023, before reaching the current figure of Rs 8,250 per sq.ft in 2024, which is an increase of +10% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +919%. There are no figures available for any other revisions for this street.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that have a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. The guideline value of Kannappa Nagar 3rd Main Road is below this median.

Stamp duty and registration fee for property in Kannappa Nagar 3rd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 8,250 per sq.ft, the total guideline value amounts to Rs 82,50,000. The stamp duty at 7% would be Rs 5,77,500, and the registration fee at 2% would be Rs 1,65,000, making the total fees together Rs 7,42,500. 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 further calculations.

Which Sub Registrar Office covers Kannappa Nagar 3rd Main Road?

The Chennai South Joint I Sub Registrar Office covers Kannappa Nagar 3rd Main Road. The address is 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 Thiruvanmiyur

The guideline value plays a crucial role in the property registration process in Thiruvanmiyur. When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the government records.

It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the financial obligations during the registration process. Proper understanding of these values can help in planning the financial aspects of property transactions.

Frequently asked questions

What is the current guideline value of Kannappa Nagar 3rd Main Road?

The current guideline value of Kannappa Nagar 3rd Main Road is Rs 8,250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 810 per sq.ft in 2002 to Rs 8,250 per sq.ft in 2024, reflecting an overall increase of +919% over the years.

What is the land classification for Kannappa Nagar 3rd Main Road?

The land classification for Kannappa Nagar 3rd Main Road is Residential Class II Type - I.

What are the stamp duty and registration fees for a property in Kannappa Nagar 3rd Main Road?

For a property valued at Rs 82,50,000, the stamp duty would be Rs 5,77,500 and the registration fee would be Rs 1,65,000, totaling Rs 7,42,500.

Which Sub Registrar Office covers this area?

The Chennai South Joint I Sub Registrar Office covers Kannappa Nagar 3rd Main Road, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.