Guideline Value

Corporate

Guideline Value for Kalaignar Nagar 2st Main Road

₹807/sq.ft.

The guideline value for Kalaignar Nagar 2st Main Road in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 807 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹807 /sq.ft.
From 1-4-2023 ₹807 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Kalaignar Nagar 2st Main Road

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Kalaignar Nagar 2st Main Road guideline value

The current guideline value of Kalaignar Nagar 2st Main Road is Rs 807 per sq.ft. This road is located in Kovilpathagai village, under the Ambattur SRO, and falls under the Residential Class III Type - II land classification.

How the guideline value of Kalaignar Nagar 2st Main Road has changed

The guideline value for Kalaignar Nagar 2st Main Road has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 807 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the guideline value was Rs 335 per sq.ft, indicating a significant increase of 141% from 2017 to 2023. The 2012 revision recorded a guideline value of Rs 500 per sq.ft, which represents a decrease of 33% when compared to the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 61%.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. This lack of data means we cannot assess changes in guideline values for these years.

Guideline values in Kovilpathagai

In Kovilpathagai, there are 278 streets under the Ambattur SRO that carry a guideline value for 2024, ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value in this area is Rs 870 per sq.ft, placing the 2024 figure for Kalaignar Nagar 2st Main Road below that median.

Stamp duty and registration fee for property in Kalaignar Nagar 2st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 807 per sq.ft, the total guideline value amounts to Rs 8,07,000. The stamp duty, calculated at 7%, would be Rs 56,490, and the registration fee at 2% would be Rs 16,140, bringing the total fees to Rs 72,630. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalaignar Nagar 2st Main Road?

The Sub Registrar Office that covers Kalaignar Nagar 2st Main Road is the Ambattur Sub Registrar Office. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more details.

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

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

Frequently asked questions

What is the current guideline value of Kalaignar Nagar 2st Main Road?

The current guideline value of Kalaignar Nagar 2st Main Road is Rs 807 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 807 per sq.ft in 2024, marking an overall increase of 61%. The value was Rs 335 per sq.ft in 2017 and remained the same in 2023 and 2024.

What are the other streets in Kovilpathagai with the same guideline value?

Other streets in Kovilpathagai with the same guideline value of Rs 807 per sq.ft include Kalaignar Nagar 2nd Street, 3rd Street, 3st Main Road, 4st Main Road, 20th Street, and 4th Street.

What is the stamp duty for a property on Kalaignar Nagar 2st Main Road?

The stamp duty for a property valued at Rs 8,07,000 on Kalaignar Nagar 2st Main Road would be Rs 56,490, calculated at 7% of the guideline value.

Where is the Sub Registrar Office located for this area?

The Sub Registrar Office for Kalaignar Nagar 2st Main Road is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.