Guideline Value for Kalyan Nagar 2-nd Cross

₹1100/sq.ft.

The guideline value for Kalyan Nagar 2-nd 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 2-nd Cross

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Kalyan Nagar 2-nd Cross guideline value

The current guideline value of Kalyan Nagar 2-nd Cross is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village, 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 2-nd Cross has changed

The guideline value for Kalyan Nagar 2-nd Cross has undergone several revisions over the years. In 2007, the value was set at Rs 500 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012. However, this was followed by a decrease to Rs 670 per sq.ft in 2017. The value then rose significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, the increase was 49%, while the jump from 2023 to 2024 is 10%. The period from 2012 to 2017 saw a decrease of 33%, and the increase from 2007 to 2012 was 100%. Overall, from 2007 to 2024, the guideline value has risen by 120%.

Guideline values in Irumpuliyur

In Irumpuliyur village, there are 218 streets under the Tambaram Joint 1 SRO that have a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Kalyan Nagar 2-nd Cross below this median.

Stamp duty and registration fee for property in Kalyan Nagar 2-nd Cross

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 11,00,000. The stamp duty at 7% amounts to Rs 77,000, and the registration fee at 2% is Rs 22,000, making the total Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalyan Nagar 2-nd Cross?

The Kalyan Nagar 2-nd Cross falls under 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Irumpuliyur. It serves as a baseline for determining the stamp duty and registration fees, ensuring that these costs are calculated fairly based on the official valuation of the property.

When purchasing or selling property, it is essential to be aware of the guideline value, as it impacts the overall cost of registration. Buyers should consider this value when negotiating sale prices to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kalyan Nagar 2-nd Cross?

The current guideline value of Kalyan Nagar 2-nd 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, showing an overall increase of 120% over the years.

What is the land classification for Kalyan Nagar 2-nd Cross?

The land classification for Kalyan Nagar 2-nd Cross is Residential Class I Type - III.

Where can I find the Sub Registrar Office for Kalyan Nagar 2-nd Cross?

The Sub Registrar Office covering Kalyan Nagar 2-nd Cross is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is stamp duty calculated for properties in Kalyan Nagar 2-nd 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%.