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Guideline Value

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Guideline Value for Kamarajapuram Kannikhan mesthri Street

₹1800/sq.ft.

The guideline value for Kamarajapuram Kannikhan Mesthri 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 Kannikhan Mesthri Street

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Kamarajapuram Kannikhan mesthri Street guideline value

The current guideline value of Kamarajapuram Kannikhan mesthri Street is Rs 1,800 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village and falls under the Ambattur SRO. The land classification for this area is Residential Class IV Type - III.

How the guideline value of Kamarajapuram Kannikhan mesthri Street has changed

The guideline value for Kamarajapuram Kannikhan mesthri Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,700 per sq.ft, which then decreased to Rs 1,139 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,700 per sq.ft in 2023. The most recent revision in 2024 has further increased the value to Rs 1,800 per sq.ft, reflecting a 6% rise from the previous year.

In total, from the 2012 revision to the 2024 revision, the guideline value has seen a slight increase of 6%. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

A total of 448 streets in Ambattur under the Ambattur SRO have a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft, with a median value of Rs 3,600 per sq.ft. Kamarajapuram Kannikhan mesthri Street's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Kamarajapuram Kannikhan mesthri Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty is charged at 7%, which totals Rs 1,26,000, and the registration fee at 2% amounts to Rs 36,000. Therefore, the total fees together would be Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kamarajapuram Kannikhan mesthri Street?

The Kamarajapuram Kannikhan mesthri Street is covered by 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 the registration process of property transactions in Ambattur. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official records.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall costs involved in property transactions. 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 Kannikhan mesthri Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2023 to Rs 1,800 per sq.ft in 2024, reflecting a 6% increase. It was Rs 1,139 per sq.ft in 2017 and Rs 1,700 per sq.ft in 2012.

What is the land classification for Kamarajapuram Kannikhan mesthri Street?

The land classification for Kamarajapuram Kannikhan mesthri Street is Residential Class IV Type - III.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 18,00,000, the stamp duty is Rs 1,26,000 and the registration fee is Rs 36,000, totaling Rs 1,62,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this street?

The Ambattur Sub Registrar Office covers Kamarajapuram Kannikhan mesthri Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.