Guideline Value

Corporate

Guideline Value for KANNAPPA NAGAR EXTN

₹8250/sq.ft.

The guideline value for Kannappa Nagar Extn 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 ₹3000 /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)

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 Extn

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Kannappa Nagar Extn guideline value

The current guideline value of Kannappa Nagar Extn is Rs 8,250 per sq.ft, effective from 1 July 2024. This area falls under Thiruvanmiyur village and is classified as Residential Class II Type - I, managed by the Chennai South Joint I SRO.

How the guideline value of Kannappa Nagar Extn has changed

Over the years, the guideline value of Kannappa Nagar Extn has seen several revisions. The 2007 revision set the value at Rs 3,000 per sq.ft, which increased to Rs 7,500 per sq.ft in 2012. However, from 2012 to 2017, the value decreased by 33% to Rs 5,025 per sq.ft. The subsequent revision in 2023 raised it significantly to Rs 7,500 per sq.ft, followed by a further increase of 10% in 2024 to the current value of Rs 8,250 per sq.ft.

In summary, the guideline value has changed from Rs 3,000 per sq.ft in 2007 to Rs 8,250 per sq.ft in 2024, marking an overall increase of 175%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Thiruvanmiyur

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

Stamp duty and registration fee for property in Kannappa Nagar Extn

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, calculated at 7%, would be Rs 5,77,500, and the registration fee at 2% would be Rs 1,65,000, bringing the total to 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 also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kannappa Nagar Extn?

The Sub Registrar Office that covers Kannappa Nagar Extn 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 Thiruvanmiyur

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruvanmiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted fairly and transparently.

When registering a property, buyers and sellers must consider the guideline value as it directly influences the stamp duty and registration fees. The fees are calculated based on the guideline value or the sale price, whichever is higher, making it essential for both parties to be aware of the current rates.

Frequently asked questions

What is the current guideline value of Kannappa Nagar Extn?

The current guideline value of Kannappa Nagar Extn 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 increased from Rs 3,000 per sq.ft in 2007 to Rs 8,250 per sq.ft in 2024, reflecting an overall increase of 175% over the years.

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

Other streets in Thiruvanmiyur with the same guideline value of Rs 8,250 per sq.ft include Kannappa Nagar 4th Street, Kannappa Nagar 4th Cross Street, Kannappa Nagar 3rd Street, Kannappa Nagar 3rd Main Road, Kannappa Nagar 3rd Cross Street, and Kannappa Nagar 2nd Street.

What are the stamp duty and registration fees for property in Kannappa Nagar Extn?

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 Kannappa Nagar Extn?

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