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Guideline Value

Corporate

Guideline Value for Kalli Kupam Road8th Street (Lane)

₹3600/sq.ft.

The guideline value for Kalli Kupam Road8th 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 Road8th Street (lane)

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Kalli Kupam Road8th Street (Lane) guideline value

The current guideline value for Kalli Kupam Road8th Street (Lane) is Rs 3,600 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Kalli Kupam Road8th Street (Lane) has changed

The guideline value for Kalli Kupam Road8th Street (Lane) has undergone several revisions over the years. The 2012 revision set the value at Rs 3,300 per sq.ft, which then decreased to Rs 2,211 per sq.ft in the 2017 revision. Following this, the value saw a significant increase to Rs 3,300 per sq.ft in the 2023 revision, and finally rose to Rs 3,600 per sq.ft in the 2024 revision, marking a 9% increase from 2023 to 2024.

From 2017 to 2023, the guideline value increased by 49%, while the 2012 to 2017 period experienced a decline of 33%. Overall, from 2012 to 2024, the guideline value has increased by 9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median guideline value is Rs 3,600 per sq.ft, which is equal to the current value of Kalli Kupam Road8th Street (Lane).

Stamp duty and registration fee for property in Kalli Kupam Road8th Street (Lane)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,600 per sq.ft, the total 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 fees together Rs 3,24,000. Note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalli Kupam Road8th Street (Lane)?

The Sub Registrar Office that covers Kalli Kupam Road8th 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 is an important factor when registering property transactions in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in line with the prevailing market conditions.

When buying or selling property, it is essential to consider the guideline value as it impacts the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Kalli Kupam Road8th Street (Lane)?

The current guideline value for Kalli Kupam Road8th 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 2023 to Rs 3,600 per sq.ft in 2024, a 9% increase. It was Rs 2,211 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the land classification for Kalli Kupam Road8th Street (Lane)?

Kalli Kupam Road8th Street (Lane) is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Kalli Kupam Road8th Street (Lane)?

The Sub Registrar Office for Kalli Kupam Road8th Street (Lane) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How are stamp duty and registration fees calculated for properties in Ambattur?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 36,00,000, the stamp duty would be Rs 2,52,000 and the registration fee would be Rs 72,000.