Guideline Value

Corporate

Guideline Value for Kalyan Nagar 1-st Cross

₹1100/sq.ft.

The guideline value for Kalyan Nagar 1-st Cross in Irumpuliyur village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Irumpuliyur

Village

Tambaram Joint 1

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
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)

No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kalyan Nagar 1-st Cross

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Kalyan Nagar 1-st Cross guideline value

The current guideline value of Kalyan Nagar 1-st Cross is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Kalyan Nagar 1-st Cross has changed

Over the years, the guideline value of Kalyan Nagar 1-st Cross has seen several revisions. The earliest available figure is from the 2007 revision, which was Rs 500 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2012 revision, marking a 100% increase. However, it then dropped to Rs 670 per sq.ft in the 2017 revision, a decrease of 33%. Following this, the value surged to Rs 1,000 per sq.ft in the 2023 revision, and then further increased to Rs 1,100 per sq.ft in the 2024 revision, representing a 10% rise.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 120%. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO, with the 2024 guideline values ranging from Rs 880 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, placing Kalyan Nagar 1-st Cross below this median.

Stamp duty and registration fee for property in Kalyan Nagar 1-st Cross

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total cost for these fees to Rs 99,000. It is important to note that the 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 Kalyan Nagar 1-st Cross?

The Kalyan Nagar 1-st Cross is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Irumpuliyur. It serves as the basis for calculating the stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable fees. This ensures that the government receives the appropriate revenue from property transactions based on established values.

Frequently asked questions

What is the current guideline value for Kalyan Nagar 1-st Cross?

The current guideline value for Kalyan Nagar 1-st Cross is Rs 1,100 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 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 120% over the years.

What is the land classification for Kalyan Nagar 1-st Cross?

Kalyan Nagar 1-st Cross is classified as Residential Class I Type - III, indicating its suitability for residential development.

Where is the Tambaram Joint 1 SRO located?

The Tambaram Joint 1 SRO is located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Kalyan Nagar 1-st Cross?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at a rate of 7%.