Guideline Value for Kamarajapuram North RadhaVeeti Cross

Kamarajapuram North RadhaVeeti Cross guideline value

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

How the guideline value of Kamarajapuram North RadhaVeeti Cross has changed

The guideline value for Kamarajapuram North RadhaVeeti Cross has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 1,072 per sq.ft. This figure increased to Rs 1,600 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 saw a further increase to Rs 1,760 per sq.ft, reflecting a 10% change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The consistent rise in the guideline value indicates a significant change over the years, particularly in the most recent revisions.

Guideline values in Anakaputhur

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

• Kamarajapuram North RadhaVeeti: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Periyar Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Nesamany Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Thiruvalluvar Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Mariyan Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Thomaiyar Street: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Kamarajapuram North RadhaVeeti Cross

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, making the total cost for these fees Rs 1,58,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamarajapuram North RadhaVeeti Cross?

The Kamarajapuram North RadhaVeeti Cross falls under the jurisdiction of 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 plays a crucial role during the registration of property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, buyers must pay duties based on the guideline value or the sale price, whichever is higher. This ensures that the registration process is aligned with the official valuation of the property, providing a transparent framework for property transactions.

Frequently asked questions

What is the current guideline value for Kamarajapuram North RadhaVeeti Cross?

The current guideline value for Kamarajapuram North RadhaVeeti Cross 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 increased from Rs 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, marking an overall increase of 64% over these years.

What are the other streets with the same guideline value in Anakaputhur?

Other streets in Anakaputhur with the same guideline value of Rs 1,760 per sq.ft for 2024 include Kamarajapuram Periyar Street, Kamarajapuram Nesamany Street, Kamarajapuram Thiruvalluvar Street, Kamarajapuram Mariyan Street, and Kamarajapuram Thomaiyar Street.

What is the registration fee for properties in Kamarajapuram North RadhaVeeti Cross?

The registration fee for properties in Kamarajapuram North RadhaVeeti Cross is calculated at 2% of the guideline value. For example, for a property valued at Rs 17,60,000, the registration fee would be Rs 35,200.

Which office handles the registration of properties in Kamarajapuram North RadhaVeeti Cross?

The registration of properties in Kamarajapuram North RadhaVeeti Cross is handled by the Pammal Sub Registrar Office, located on Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.