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Guideline Value

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Guideline Value for KAVI THENDRAL KALYANASUNDARANAR NAGAR/ EXT

₹1100/sq.ft.

The guideline value for Kavi Thendral Kalyanasundaranar Nagar/ Ext in Matthur village (Thiruvottiyur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Matthur

Village

Thiruvottiyur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Kavi Thendral Kalyanasundaranar Nagar/ Ext

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Kavi Thendral Kalyanasundaranar Nagar/ Ext guideline value

The current guideline value of Kavi Thendral Kalyanasundaranar Nagar/ Ext is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Matthur village and falls under the Thiruvottiyur SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Kavi Thendral Kalyanasundaranar Nagar/ Ext has changed

The guideline value for Kavi Thendral Kalyanasundaranar Nagar/ Ext has undergone several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased again to Rs 1,000 per sq.ft in the 2023 revision, and finally, it is set at Rs 1,100 per sq.ft from the 2024 revision.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from 2012 to 2024, there has been a 10% increase. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Matthur

In Matthur village, there are 66 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,300 per sq.ft, with the median being Rs 1,100 per sq.ft. The guideline value for Kavi Thendral Kalyanasundaranar Nagar/ Ext aligns with this median.

Stamp duty and registration fee for property in Kavi Thendral Kalyanasundaranar Nagar/ Ext

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Kavi Thendral Kalyanasundaranar Nagar/ Ext?

The Kavi Thendral Kalyanasundaranar Nagar/ Ext area is covered by the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Matthur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Kavi Thendral Kalyanasundaranar Nagar/ Ext?

The current guideline value for Kavi Thendral Kalyanasundaranar Nagar/ Ext is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Kavi Thendral Kalyanasundaranar Nagar/ Ext?

The land classification for Kavi Thendral Kalyanasundaranar Nagar/ Ext is Residential Special Type - III.

What is the registration office for this area?

The registration office covering Kavi Thendral Kalyanasundaranar Nagar/ Ext is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is the stamp duty calculated for properties in Matthur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 11,00,000, the stamp duty would be Rs 77,000 at a rate of 7%.