Guideline Value

Corporate

Guideline Value for Kamarajar Salai

₹1650/sq.ft.

The guideline value for Kamarajar Salai in Manjampakkam village (Redhills SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Manjampakkam

Village

Redhills

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹32 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kamarajar Salai

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Kamarajar Salai guideline value

The current guideline value of Kamarajar Salai, located in Manjampakkam village under the Redhills SRO, is Rs 1,650 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Kamarajar Salai has changed

The guideline value for Kamarajar Salai has seen several revisions over the years. In 2003, the guideline value was Rs 32 per sq.ft, which increased significantly to Rs 600 per sq.ft in 2007. The value then rose to Rs 1,500 per sq.ft in 2012, but it decreased to Rs 1,005 per sq.ft in 2017. Following this, the value increased to Rs 1,500 per sq.ft in 2023 and finally reached Rs 1,650 per sq.ft in 2024, marking a 10% increase from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 5,056%. The register has no figure for the year 2002 for this street.

Guideline values in Manjampakkam

In Manjampakkam village, there are 11 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 1,650 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, which is equal to the guideline value of Kamarajar Salai.

Stamp duty and registration fee for property in Kamarajar Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kamarajar Salai?

Kamarajar Salai falls under the jurisdiction of the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Manjampakkam. It serves as the basis for determining the stamp duty and registration fees that need to be paid during the property transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. This helps maintain transparency and accountability in property dealings within the area.

Frequently asked questions

What is the current guideline value of Kamarajar Salai?

The current guideline value of Kamarajar Salai is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 32 per sq.ft in 2003 to Rs 1,650 per sq.ft in 2024, marking an overall increase of 5,056% over this period.

What is the land classification for Kamarajar Salai?

Kamarajar Salai is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I calculate the stamp duty and registration fees?

You can calculate the stamp duty and registration fees using our stamp duty and registration fee calculator.

Which office handles registrations for Kamarajar Salai?

The Redhills Sub Registrar Office handles registrations for Kamarajar Salai, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.