Guideline Value for KURNJI NAGAR

Kurnji Nagar guideline value

The current guideline value of Kurnji Nagar is Rs 101 per sq.ft, effective from 1 July 2024. This area is located in Amaiyampakkam village and falls under the Thirukazhukundram SRO. The land classification for Kurnji Nagar is Residential Class II Type - I.

How the guideline value of Kurnji Nagar has changed

According to the guideline value register, there have been several revisions for Kurnji Nagar. However, the register does not have figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 set the guideline value at Rs 101 per sq.ft.

Since there are no figures available for the previous revisions, it is clear that the guideline value for Kurnji Nagar has remained consistent at Rs 101 per sq.ft in the latest revision. No changes have been noted between the revisions above.

Guideline values in Amaiyampakkam

Kurnji Nagar shares the same guideline value as other streets in Amaiyampakkam, which is currently set at Rs 101 per sq.ft. Below are the other streets in Amaiyampakkam with their respective guideline values:

• Easwari Nagar: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Kurnji Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 1,01,000. The stamp duty at 7% would be Rs 7,070, and the registration fee at 2% would be Rs 2,020, bringing the total to Rs 9,090. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kurnji Nagar?

The Kurnji Nagar area is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Amaiyampakkam, as it determines the minimum value at which a property can be registered. Buyers must ensure that the sale price meets or exceeds the guideline value to avoid any legal complications during registration.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kurnji Nagar?

The current guideline value of Kurnji Nagar is Rs 101 per sq.ft, effective from 1 July 2024.

When was the last revision of the guideline value?

The last revision of the guideline value for Kurnji Nagar occurred in 2024, setting the value at Rs 101 per sq.ft.

Are there any previous guideline values for Kurnji Nagar?

The guideline value register does not have figures for Kurnji Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the land classification of Kurnji Nagar?

Kurnji Nagar is classified as Residential Class II Type - I according to the land classification guidelines.

How is the stamp duty calculated for properties in Kurnji Nagar?

Stamp duty for properties in Kurnji Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot, the total stamp duty would be Rs 7,070 based on the current guideline value.