Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for KUMARN NAGAR 4TH CROSS ST

₹1320/sq.ft.

The guideline value for Kumarn Nagar 4th Cross St in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Kumarn Nagar 4th Cross St

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

Kumarn Nagar 4th Cross St guideline value

The current guideline value of Kumarn Nagar 4th Cross St is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Kumarn Nagar 4th Cross St has changed

Looking at the historical revisions, the guideline value for Kumarn Nagar 4th Cross St has seen significant changes over the years. In 2012, the guideline value was Rs 1,000 per sq.ft, which decreased to Rs 670 per sq.ft in 2017. However, from 2017 to 2023, there was a substantial increase of 79%, bringing the value up to Rs 1,200 per sq.ft. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, marking a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 32%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median value for these streets is Rs 1,625 per sq.ft, indicating that the guideline value for Kumarn Nagar 4th Cross St is below this median.

Stamp duty and registration fee for property in Kumarn Nagar 4th Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is essential to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Kumarn Nagar 4th Cross St?

The Sub Registrar Office that covers Kumarn Nagar 4th Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Paruthipattu. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, which are mandatory costs associated with the transaction.

It is important for buyers and sellers to be aware of the current guideline value to ensure they are complying with the legal requirements during the registration process. This value is essential for calculating the costs involved in the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Kumarn Nagar 4th Cross St?

The current guideline value of Kumarn Nagar 4th Cross St is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,000 per sq.ft in 2012 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 32% over this period.

What is the median guideline value in Paruthipattu?

The median guideline value for streets in Paruthipattu is Rs 1,625 per sq.ft, which is higher than the current value of Kumarn Nagar 4th Cross St.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the relevant link provided for locating your SRO.