Guideline Value for KANTHAMMAL NAGAR

Kanthammal Nagar guideline value

The current guideline value of Kanthammal Nagar in Cheranancheri village, under the Avadi SRO, is Rs 440 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - II land classification.

How the guideline value of Kanthammal Nagar has changed

The guideline value register for Kanthammal Nagar has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The current guideline value is set at Rs 440 per sq.ft from the 2024 revision.

As per the 2024 revision, the guideline value for Kanthammal Nagar is Rs 440 per sq.ft. There have been no changes in the guideline value for this street between the revisions listed above.

Guideline values in Cheranancheri

Cheranancheri village has a total of 31 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 274 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, positioning Kanthammal Nagar's 2024 figure below this median.

• Lakshmi Green City: Rs 1,540 per sq.ft (2024)
• Lakshmi Modern City: Rs 1,980 per sq.ft (2024)
• Mangalya City: Rs 2,400 per sq.ft (2024)
• Ganapathy Nagar: Rs 330 per sq.ft (2024)
• Coral Crest By Urban Tree: Rs 2,200 per sq.ft (2024)
• Chokkalingam Amsaveni Nagar: Rs 274 per sq.ft (2024)

Stamp duty and registration fee for property in Kanthammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, while the registration fee at 2% would be Rs 8,800, leading to a total cost of Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kanthammal Nagar?

Kanthammal Nagar falls under the jurisdiction of the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical reference point for property transactions in Cheranancheri. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When registering a property, the guideline value helps ensure that the transaction is documented at a fair value. This process is essential for maintaining transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kanthammal Nagar?

The current guideline value of Kanthammal Nagar is Rs 440 per sq.ft, effective from 1 July 2024.

What land classification does Kanthammal Nagar fall under?

Kanthammal Nagar is classified as Residential Class I Type - II.

How many streets in Cheranancheri have a 2024 guideline value?

There are 31 streets in Cheranancheri that carry a 2024 guideline value under the Avadi SRO.

What is the median guideline value for streets in Cheranancheri?

The median guideline value for streets in Cheranancheri is Rs 1,540 per sq.ft.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.