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Guideline Value

Corporate

Guideline Value for Kallikuppam road 14th Street(lane)

₹3600/sq.ft.

The guideline value for Kallikuppam Road 14th 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 Kallikuppam Road 14th Street(lane)

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Kallikuppam road 14th Street(lane) guideline value

The current guideline value of Kallikuppam road 14th 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, classified as Residential Class I Type - I.

How the guideline value of Kallikuppam road 14th Street(lane) has changed

The guideline value for Kallikuppam road 14th Street(lane) has seen several revisions over the years. In 2012, the value was Rs 3,300 per sq.ft, which then decreased to Rs 2,211 per sq.ft in 2017. Following this, the value increased significantly to Rs 3,300 per sq.ft in 2023, and further rose to Rs 3,600 per sq.ft in 2024, marking a 9% increase from the previous year.

From 2012 to 2024, the overall change in guideline value is +9%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded 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, with the median value being Rs 3,600 per sq.ft. The guideline value for Kallikuppam road 14th Street(lane) is equal to this median.

Stamp duty and registration fee for property in Kallikuppam road 14th Street(lane)

For a 1,000 sq.ft plot at the current rate of Rs 3,600 per sq.ft, the guideline value amounts to Rs 36,00,000. The stamp duty at 7% would be Rs 2,52,000, and the registration fee at 2% would be Rs 72,000, totaling Rs 3,24,000. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kallikuppam road 14th Street(lane)?

The Kallikuppam road 14th Street(lane) falls under the Ambattur Sub Registrar Office located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring transparency and fairness in real estate transactions.

When a buyer or seller approaches the registration office, the guideline value is used to calculate the applicable stamp duty and registration fees. This process helps in maintaining a standard valuation across various properties in the region.

Frequently asked questions

What is the current guideline value of Kallikuppam road 14th Street(lane)?

The current guideline value of Kallikuppam road 14th 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. It was Rs 2,211 per sq.ft in 2017, showing a significant increase of 49% from 2017 to 2023.

What is the land classification of Kallikuppam road 14th Street(lane)?

Kallikuppam road 14th 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 this street?

The Sub Registrar Office covering Kallikuppam road 14th Street(lane) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.

How is stamp duty calculated for properties in Ambattur?

Stamp duty is 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 at 7% would amount to Rs 2,52,000.