Guideline Value for Kamarajapuram Kutti Nadar Street

Kamarajapuram Kutti Nadar Street guideline value

The current guideline value of Kamarajapuram Kutti Nadar Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - I.

How the guideline value of Kamarajapuram Kutti Nadar Street has changed

The guideline value for Kamarajapuram Kutti Nadar Street has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 1,760 per sq.ft, which is a 10% increase from the 2023 revision of Rs 1,600 per sq.ft. The 2023 figure was a significant jump of 49% from the 2017 revision, which was Rs 1,072 per sq.ft. There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Overall, from 2017 to 2024, the guideline value has increased by 64%. This reflects the changes in the property landscape over the years, with the most notable increases occurring between 2017 and 2023, and then again from 2023 to 2024.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value for these streets is Rs 1,980 per sq.ft, placing Kamarajapuram Kutti Nadar Street's value below this median.

• Kamarajapuram Gandhi Street Cross Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Gandhi Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Mariyan Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Nesamany Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram North RadhaVeethi: Rs 1,760 per sq.ft (2024)
• Kamarajapuram North RadhaVeeti Cross: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Kamarajapuram Kutti Nadar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total to Rs 1,58,400. 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 details.

Which Sub Registrar Office covers Kamarajapuram Kutti Nadar Street?

The Sub Registrar Office that covers Kamarajapuram Kutti Nadar Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

When a property transaction occurs, the guideline value ensures that the government receives appropriate revenue from the transaction. This value is regularly revised to reflect the current market conditions and property trends in the area.

Frequently asked questions

What is the current guideline value of Kamarajapuram Kutti Nadar Street?

The current guideline value of Kamarajapuram Kutti Nadar Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, reflecting an overall increase of 64% over these years.

What is the stamp duty for properties in Kamarajapuram Kutti Nadar Street?

The stamp duty for properties in Kamarajapuram Kutti Nadar Street is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Kamarajapuram Kutti Nadar Street located?

The Sub Registrar Office for Kamarajapuram Kutti Nadar Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

What is the land classification for Kamarajapuram Kutti Nadar Street?

Kamarajapuram Kutti Nadar Street is classified as Residential Class II Type - I.