Guideline Value

Corporate

Guideline Value for Kalaignar Nagar 8th Street

₹807/sq.ft.

The guideline value for Kalaignar Nagar 8th 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 8th Street

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

Kalaignar Nagar 8th Street guideline value

The current guideline value of Kalaignar Nagar 8th Street is Rs 807 per sq.ft, effective from 1 July 2024. This street is located in Kovilpathagai village under the Ambattur SRO, classified as Residential Class III Type - II.

How the guideline value of Kalaignar Nagar 8th Street has changed

The guideline value for Kalaignar Nagar 8th Street has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased to Rs 807 per sq.ft in both the 2023 and 2024 revisions, reflecting an overall increase of 61% from the 2012 figure.

From 2017 to 2023, there was a significant increase of 141%, while the value remained unchanged from 2023 to 2024, with a change of +0%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 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 the village is Rs 870 per sq.ft, making the 2024 figure for Kalaignar Nagar 8th Street below that median.

Stamp duty and registration fee for property in Kalaignar Nagar 8th 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, leading to a total of Rs 72,630. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalaignar Nagar 8th Street?

The Sub Registrar Office that covers Kalaignar Nagar 8th Street is the Ambattur Sub Registrar Office. The address is 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 an important factor in property transactions in Kovilpathagai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price.

When a property is sold, the seller must ensure that the sale price is not lower than the guideline value to avoid any legal complications. It is advisable for both parties to be aware of the guideline value to facilitate a smooth transaction process.

Frequently asked questions

What is the current guideline value of Kalaignar Nagar 8th Street?

The current guideline value of Kalaignar Nagar 8th 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 335 per sq.ft in 2017, then increased to Rs 807 per sq.ft in 2023 and 2024. The overall change from 2012 to 2024 is +61%.

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.

Which office handles the registration for properties in Kalaignar Nagar 8th Street?

The Ambattur Sub Registrar Office handles the registration for properties in Kalaignar Nagar 8th Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the median guideline value for Kovilpathagai village?

The median guideline value for Kovilpathagai village is Rs 870 per sq.ft, with the current value for Kalaignar Nagar 8th Street being below this median.