Guideline Value for Kamachiamman Nagar

Kamachiamman Nagar guideline value

The current guideline value of Kamachiamman Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Sumanthiram Pedu village under the Sriperumpudur SRO, and is classified as Residential Special Type - I.

How the guideline value of Kamachiamman Nagar has changed

The guideline value for Kamachiamman Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which remained unchanged in the 2023 revision. The 2017 revision, however, marked a significant increase to Rs 268 per sq.ft, reflecting a 49% increase from the previous figure. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value remains unchanged at Rs 400 per sq.ft.

Guideline values in Sumanthiram Pedu

In Sumanthiram Pedu village, there are 8 streets that have a 2024 guideline value ranging from Rs 150 to Rs 500 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Kamachiamman Nagar is above this median.

• Krishna Nagar: Rs 300 per sq.ft (2024)
• Perumal Koil Street: Rs 200 per sq.ft (2024)
• Polatchiyamman Koil Street: Rs 200 per sq.ft (2024)
• Vinayagar Koil 1st Street: Rs 200 per sq.ft (2024)
• Vinayagar Koil 2nd Street: Rs 200 per sq.ft (2024)
• Mgr Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Kamachiamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 Kamachiamman Nagar?

The Sub Registrar Office that covers Kamachiamman Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is crucial during the registration process of property transactions in Sumanthiram Pedu. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the appropriate amounts are charged based on either the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value as it can affect the overall cost of the transaction. Understanding these values can help in making informed decisions regarding property purchases and sales.

Frequently asked questions

What is the current guideline value of Kamachiamman Nagar?

The current guideline value of Kamachiamman Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft from 2012 to 2024, with a notable increase from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023.

What is the land classification of Kamachiamman Nagar?

Kamachiamman Nagar is classified as Residential Special Type - I, indicating its suitability for residential development.

What are the guideline values of other streets in Sumanthiram Pedu?

Other streets in Sumanthiram Pedu have guideline values ranging from Rs 150 to Rs 500 per sq.ft, with Krishna Nagar at Rs 300 per sq.ft and others at Rs 200 per sq.ft.

Where can I find the Sub Registrar Office for Kamachiamman Nagar?

The Sub Registrar Office for Kamachiamman Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.