Guideline Value

Corporate

Guideline Value for KUMARAN NAGAR

₹650/sq.ft. (2023)

The guideline value for Kumaran Nagar in Sevvapet village (Tiruvallur Joint 1 SRO, Chennai zone) was last notified at Rs 650 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sevvapet

Village

Tiruvallur Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹650 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kumaran Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kumaran Nagar guideline value

The current guideline value of Kumaran Nagar is Rs 650 per sq.ft. This area falls under Sevvapet village and is classified as Residential Class I Type - I. The relevant Sub Registrar Office for this location is Tiruvallur Joint 1 SRO.

How the guideline value of Kumaran Nagar has changed

The guideline value for Kumaran Nagar has been recorded in several revisions. The oldest available revision is from 2002, but the register has no figure for this street in it. This is also true for the revisions in 2003, 2007, 2012, and 2017, where no figures are available.

The latest revision in 2023 set the guideline value at Rs 650 per sq.ft. There have been no changes in the guideline value between the revisions listed above.

Guideline values in Sevvapet

No village figures are provided for Sevvapet. Currently, Kumaran Nagar is the only street with a specified guideline value in this area.

Stamp duty and registration fee for property in Kumaran Nagar

For a 1,000 sq.ft plot at the current rate of Rs 650 per sq.ft, the guideline value amounts to Rs 6,50,000. The stamp duty at 7% would be Rs 45,500, and the registration fee at 2% would be Rs 13,000, totaling Rs 58,500. Note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kumaran Nagar?

The Sub Registrar Office that covers Kumaran Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. For more information, you can find your SRO.

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

The guideline value is a critical factor when registering property transactions in Sevvapet. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is essential for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Kumaran Nagar?

The current guideline value of Kumaran Nagar is Rs 650 per sq.ft, as per the 2023 revision.

What land classification does Kumaran Nagar fall under?

Kumaran Nagar is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What is the address of the Sub Registrar Office for Kumaran Nagar?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

Are there any previous revisions for Kumaran Nagar's guideline value?

Yes, previous revisions include 2002, 2003, 2007, 2012, and 2017, but the register has no figures for these years for Kumaran Nagar.

How is stamp duty calculated for property in Kumaran Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 6,50,000, the stamp duty would be Rs 45,500 at 7%.