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Guideline Value

Corporate

Guideline Value for Kalli Kupam Road 3rd Street (Lane)

₹3600/sq.ft.

The guideline value for Kalli Kupam Road 3rd Street (lane) in Ambattur village (Ambattur SRO, Chennai zone) is Rs 3600 per sq.ft, effective 1 July 2024. It was Rs 3300 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3600 /sq.ft.
From 1-4-2023 ₹3300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2211 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3300 /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 Kalli Kupam Road 3rd Street (lane)

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Kalli Kupam Road 3rd Street (Lane) guideline value

The current guideline value of Kalli Kupam Road 3rd Street (Lane) is Rs 3,600 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Kalli Kupam Road 3rd Street (Lane) has changed

In the 2012 revision, the guideline value was Rs 3,300 per sq.ft. This decreased to Rs 2,211 per sq.ft in the 2017 revision, marking a decline of 33%. The value then saw a significant increase to Rs 3,300 per sq.ft in the 2023 revision, followed by another increase to Rs 3,600 per sq.ft in the 2024 revision, representing a 9% rise. The register has no figure for the years 2002, 2003, and 2007 for this street.

From 2017 to 2023, the guideline value increased by 49%, and overall, from 2012 to 2024, there has been a 9% increase in the guideline value. The current value of Rs 3,600 per sq.ft aligns with the median value for the 448 streets in Ambattur under the Ambattur SRO.

Guideline values in Ambattur

In Ambattur, the guideline values for the 2024 revision range from Rs 1,400 to Rs 8,209 per sq.ft, with a median value of Rs 3,600 per sq.ft. Kalli Kupam Road 3rd Street (Lane) holds a guideline value equal to this median.

Stamp duty and registration fee for property in Kalli Kupam Road 3rd Street (Lane)

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 36,00,000. The stamp duty at 7% would amount to Rs 2,52,000, and the registration fee at 2% would be Rs 72,000, making the total Rs 3,24,000. It is important to note that the 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 Kalli Kupam Road 3rd Street (Lane)?

The Sub Registrar Office that covers Kalli Kupam Road 3rd Street (Lane) 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 Ambattur

The guideline value plays a crucial role in the registration process when buying or selling property in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price.

When a buyer or seller approaches the registration office, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are based on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kalli Kupam Road 3rd Street (Lane)?

The current guideline value of Kalli Kupam Road 3rd Street (Lane) is Rs 3,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,300 per sq.ft in 2012 to Rs 2,211 per sq.ft in 2017, then increased to Rs 3,300 per sq.ft in 2023, and finally to Rs 3,600 per sq.ft in 2024.

What is the land classification for Kalli Kupam Road 3rd Street (Lane)?

The land classification for Kalli Kupam Road 3rd Street (Lane) is Residential Class I Type - I.

What are the stamp duty and registration fees for property transactions here?

For a 1,000 sq.ft plot, the guideline value would be Rs 36,00,000, with a total of Rs 3,24,000 for stamp duty and registration fees. The duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers this area?

The Ambattur Sub Registrar Office covers Kalli Kupam Road 3rd Street (Lane), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.