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Guideline Value

Corporate

Guideline Value for Kamadenu Nagar 6th Cross Street

₹1540/sq.ft.

The guideline value for Kamadenu Nagar 6th Cross Street in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Kamadenu Nagar 6th Cross Street

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Kamadenu Nagar 6th Cross Street guideline value

The current guideline value of Kamadenu Nagar 6th Cross Street is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Thiruverkadu village under the Kunrathur SRO and is classified as Residential Class I Type - I.

How the guideline value of Kamadenu Nagar 6th Cross Street has changed

The guideline value for Kamadenu Nagar 6th Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,540 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

Between the revisions, the 2023 to 2024 change was +10%, while the increase from 2017 to 2023 was +49%. The overall change from the 2012 revision to the 2024 revision is +10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft, with the median value being Rs 1,540 per sq.ft. The guideline value for Kamadenu Nagar 6th Cross Street is equal to this median.

Stamp duty and registration fee for property in Kamadenu Nagar 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total to Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kamadenu Nagar 6th Cross Street?

The Sub Registrar Office that covers Kamadenu Nagar 6th Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruverkadu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the costs involved. This transparency helps facilitate smoother transactions in the real estate market.

Frequently asked questions

What is the current guideline value of Kamadenu Nagar 6th Cross Street?

The current guideline value of Kamadenu Nagar 6th Cross Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions: it was Rs 1,400 per sq.ft in 2012, decreased to Rs 938 per sq.ft in 2017, increased to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,540 per sq.ft in 2024.

What is the land classification for Kamadenu Nagar 6th Cross Street?

Kamadenu Nagar 6th Cross Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Kamadenu Nagar 6th Cross Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 15,40,000. The stamp duty at 7% is Rs 1,07,800, and the registration fee at 2% is Rs 30,800, totaling Rs 1,38,600.

Which Sub Registrar Office covers Kamadenu Nagar 6th Cross Street?

The Kunrathur Sub Registrar Office covers Kamadenu Nagar 6th Cross Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.