Guideline Value

Corporate

Guideline Value for Kalaignar Nagar 5th Street

₹807/sq.ft.

The guideline value for Kalaignar Nagar 5th Street 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 5th Street

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Kalaignar Nagar 5th Street guideline value

The current guideline value of Kalaignar Nagar 5th Street is Rs 807 per sq.ft, effective from 1 July 2024. This street is located in Kovilpathagai village and falls under the Ambattur SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of Kalaignar Nagar 5th Street has changed

The guideline value for Kalaignar Nagar 5th Street has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 807 per sq.ft, which is the same as the figure from the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 335 per sq.ft, marking a significant increase of 141% from 2017 to 2023. The 2012 revision had set the value at Rs 500 per sq.ft, which was a decrease of 33% from the 2012 to 2017 period. Overall, from 2012 to 2024, the guideline value has increased by 61%.

It is important to note that the register has no figure for this street in the years 2002, 2003, and 2007. Therefore, the first recorded value for Kalaignar Nagar 5th Street appears in 2012.

Guideline values in Kovilpathagai

Kovilpathagai village has 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for these streets is Rs 870 per sq.ft, placing the 2024 figure for Kalaignar Nagar 5th Street below this median.

Stamp duty and registration fee for property in Kalaignar Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 807 per sq.ft, the total guideline value would be Rs 8,07,000. The stamp duty at 7% would amount to Rs 56,490, and the registration fee at 2% would be Rs 16,140, bringing the total fees together to Rs 72,630. It is important to note that 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 Kalaignar Nagar 5th Street?

The Sub Registrar Office that covers Kalaignar Nagar 5th Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Kovilpathagai. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that both parties comply with the legal requirements.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly influences the overall cost of the transaction. This value is regularly updated to reflect changes in the real estate landscape, making it important to consult the latest figures before proceeding with any property dealings.

Frequently asked questions

What is the current guideline value of Kalaignar Nagar 5th Street?

The current guideline value of Kalaignar Nagar 5th Street 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, an overall increase of 61%. The value remained the same between the 2023 and 2024 revisions.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 8,07,000, the stamp duty would be Rs 56,490 and the registration fee would be Rs 16,140, totaling Rs 72,630. These fees are based on the guideline value.

Which office handles property registrations in Kovilpathagai?

The Ambattur Sub Registrar Office handles property registrations in Kovilpathagai. It is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Kalaignar Nagar 5th Street?

The land classification for Kalaignar Nagar 5th Street is Residential Class III Type - II. This classification helps determine the guideline value and other regulatory aspects of property transactions in the area.