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Guideline Value

Corporate

Guideline Value for Kamakshi / Rajalingam Nagar

₹2450/sq.ft.

The guideline value for Kamakshi / Rajalingam Nagar in Moulivakkam village (Kunrathur SRO, Chennai zone) is Rs 2450 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Moulivakkam

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2450 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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 Kamakshi / Rajalingam Nagar

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Kamakshi / Rajalingam Nagar guideline value

The current guideline value of Kamakshi / Rajalingam Nagar is Rs 2,450 per sq.ft, effective from 1 July 2024. This area is located in Moulivakkam village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Kamakshi / Rajalingam Nagar has changed

The guideline value for Kamakshi / Rajalingam Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which was then reduced to Rs 1,474 per sq.ft in the 2017 revision. Following this, the value increased to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,450 per sq.ft in the 2024 revision, marking an 11% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%, while the 2012 to 2017 period experienced a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Moulivakkam

In Moulivakkam, there are 44 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 2,000 to Rs 3,900 per sq.ft. The median guideline value for these streets is Rs 2,450 per sq.ft, which is equal to the current value of Kamakshi / Rajalingam Nagar.

Stamp duty and registration fee for property in Kamakshi / Rajalingam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,450 per sq.ft, the total guideline value would be Rs 24,50,000. The stamp duty at 7% would amount to Rs 1,71,500, and the registration fee at 2% would be Rs 49,000, totaling Rs 2,20,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kamakshi / Rajalingam Nagar?

The Sub Registrar Office that covers Kamakshi / Rajalingam Nagar 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 Moulivakkam

The guideline value is a crucial factor in property transactions in Moulivakkam, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate stamp duty and registration fees, ensuring that all transactions comply with local regulations.

During the registration process, the guideline value serves as a benchmark, helping to establish the legal value of the property being transferred. Buyers should be aware that the stamp duty is charged based on the higher value between the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Kamakshi / Rajalingam Nagar?

The current guideline value of Kamakshi / Rajalingam Nagar is Rs 2,450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,450 per sq.ft in 2024.

What is the median guideline value in Moulivakkam?

The median guideline value in Moulivakkam for 2024 is Rs 2,450 per sq.ft, which is the same as the current value for Kamakshi / Rajalingam Nagar.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in Kamakshi / Rajalingam Nagar is charged at 7% of the guideline value or the sale price, whichever is higher.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069, and it handles the registration of properties in Kamakshi / Rajalingam Nagar.