Guideline Value

Corporate

Guideline Value for Kamala Nagar Road

₹4290/sq.ft.

The guideline value for Kamala Nagar Road in Porur village (Kunrathur SRO, Chennai zone) is Rs 4290 per sq.ft, effective 1 July 2024. It was Rs 3900 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Porur

Village

Kunrathur

SRO

Mixed Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹4290 /sq.ft.
From 1-4-2023 ₹3900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2613 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3900 /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 Kamala Nagar Road

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Kamala Nagar Road guideline value

The current guideline value of Kamala Nagar Road is Rs 4,290 per sq.ft, effective from 1 July 2024. This road is located in Porur village, under the Kunrathur Sub Registrar Office (SRO), and is classified as Mixed Special Type - II.

How the guideline value of Kamala Nagar Road has changed

The guideline value for Kamala Nagar Road has seen several revisions over the years. In 2012, the guideline value was Rs 3,900 per sq.ft. This figure decreased to Rs 2,613 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 3,900 per sq.ft. The most recent revision in 2024 raised the value by 10% to Rs 4,290 per sq.ft.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Porur

In Porur, there are 530 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median value for these streets is Rs 3,960 per sq.ft, making Kamala Nagar Road's 2024 figure of Rs 4,290 per sq.ft above the median.

Stamp duty and registration fee for property in Kamala Nagar Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,290 per sq.ft, the total guideline value would be Rs 42,90,000. The stamp duty at 7% would amount to Rs 3,00,300, and the registration fee at 2% would be Rs 85,800, bringing the total to Rs 3,86,100. 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 precise calculations.

Which Sub Registrar Office covers Kamala Nagar Road?

The Sub Registrar Office that covers Kamala Nagar Road 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 Porur

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

Frequently asked questions

What is the current guideline value of Kamala Nagar Road?

The current guideline value of Kamala Nagar Road is Rs 4,290 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,900 per sq.ft in 2012 to Rs 2,613 per sq.ft in 2017, then increased to Rs 3,900 per sq.ft in 2023, and finally to Rs 4,290 per sq.ft in 2024.

What is the land classification of Kamala Nagar Road?

Kamala Nagar Road is classified as Mixed Special Type - II.

Where can I find the registration office for Kamala Nagar Road?

The registration office for Kamala Nagar Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties on Kamala Nagar Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 4,290 per sq.ft, the total guideline value would be Rs 42,90,000, leading to a stamp duty of Rs 3,00,300.