Guideline Value

Corporate

Guideline Value for Kalpaga Nagar - 1

₹700/sq.ft. (2023)

The guideline value for Kalpaga Nagar - 1 in Nallur_2 village (Redhills SRO, Chennai zone) was last notified at Rs 700 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nallur_2

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kalpaga Nagar - 1

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Kalpaga Nagar - 1 guideline value

The current guideline value of Kalpaga Nagar - 1 is Rs 700 per sq.ft as per the 2023 revision. This property is located in Nallur_2 village and falls under the Redhills SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Kalpaga Nagar - 1 has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This was a significant change from the previous revisions, as there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Between 2017 and 2023, the guideline value increased by 49%, reaching the current rate of Rs 700 per sq.ft.

The 2023 revision marks the latest update, with no figures published for 2024. The increase from Rs 469 to Rs 700 represents a notable rise in the guideline value over the six-year period.

Guideline values in Nallur_2

Currently, there are no specific village figures available for Nallur_2. Kalpaga Nagar - 1 is the only street mentioned under the Redhills SRO.

Stamp duty and registration fee for property in Kalpaga Nagar - 1

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalpaga Nagar - 1?

The Sub Registrar Office that covers Kalpaga Nagar - 1 is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Nallur_2

The guideline value is a crucial factor when registering property transactions in Nallur_2. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on a standardized value.

When buying or selling property, the guideline value helps in determining the official value of the property for registration purposes. This ensures transparency and consistency in property transactions within the area.

Frequently asked questions

What is the current guideline value of Kalpaga Nagar - 1?

The current guideline value of Kalpaga Nagar - 1 is Rs 700 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, reflecting a 49% increase over six years.

Is there a guideline value available for 2024?

No, the register does not have a figure for the guideline value of Kalpaga Nagar - 1 for the year 2024.

What are the stamp duty and registration fees for property in Kalpaga Nagar - 1?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000.

Where is the Sub Registrar Office for Kalpaga Nagar - 1 located?

The Sub Registrar Office for Kalpaga Nagar - 1 is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.