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Guideline Value for Kamarajapuram Govindasamy mesthiri Street

₹1800/sq.ft.

The guideline value for Kamarajapuram Govindasamy Mesthiri Street in Ambattur village (Ambattur SRO, Chennai zone) is Rs 1800 per sq.ft, effective 1 July 2024. It was Rs 1700 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹1800 /sq.ft.
From 1-4-2023 ₹1700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1139 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1700 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Kamarajapuram Govindasamy Mesthiri Street

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Kamarajapuram Govindasamy mesthiri Street guideline value

The current guideline value of Kamarajapuram Govindasamy mesthiri Street is Rs 1,800 per sq.ft as per the 2024 revision, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class IV Type - III.

How the guideline value of Kamarajapuram Govindasamy mesthiri Street has changed

Looking at the revisions, the guideline value for Kamarajapuram Govindasamy mesthiri Street has seen several changes over the years. In the 2012 revision, the value was Rs 1,700 per sq.ft, which decreased to Rs 1,139 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 1,700 per sq.ft again in 2023. The latest revision in 2024 has set the guideline value at Rs 1,800 per sq.ft, reflecting an increase of 6% from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO, with guideline values ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median guideline value in this area is Rs 3,600 per sq.ft, which places Kamarajapuram Govindasamy mesthiri Street's 2024 figure below that median.

Stamp duty and registration fee for property in Kamarajapuram Govindasamy mesthiri Street

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamarajapuram Govindasamy mesthiri Street?

The Sub Registrar Office that covers Kamarajapuram Govindasamy mesthiri Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Ambattur. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the overall cost of the transaction. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Kamarajapuram Govindasamy mesthiri Street?

The current guideline value of Kamarajapuram Govindasamy mesthiri Street is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 1,700 per sq.ft in 2012 to Rs 1,139 per sq.ft in 2017, then back to Rs 1,700 per sq.ft in 2023, and finally reaching Rs 1,800 per sq.ft in 2024.

What is the land classification of Kamarajapuram Govindasamy mesthiri Street?

Kamarajapuram Govindasamy mesthiri Street is classified as Residential Class IV Type - III.

Where can I find the Ambattur Sub Registrar Office?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Kamarajapuram Govindasamy mesthiri Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 1,26,000.