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Guideline Value

Corporate

Guideline Value for Kamatchi Amman Nagar 1st Street

₹1980/sq.ft.

The guideline value for Kamatchi Amman Nagar 1st Street in Mangadu -a village (Kunrathur SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mangadu -a

Village

Kunrathur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Kamatchi Amman Nagar 1st Street

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Kamatchi Amman Nagar 1st Street guideline value

The current guideline value of Kamatchi Amman Nagar 1st Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Mangadu -A village under the Kunrathur SRO, classified as Residential Special Type - III.

How the guideline value of Kamatchi Amman Nagar 1st Street has changed

In the 2017 revision, the guideline value was Rs 1,206 per sq.ft. This increased to Rs 1,800 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has further increased the value to Rs 1,980 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Mangadu -A

In the Mangadu -A village, there are 208 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,870 per sq.ft, placing Kamatchi Amman Nagar 1st Street above this median.

Stamp duty and registration fee for property in Kamatchi Amman Nagar 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees together to Rs 1,78,200. Duty is charged on the guideline value or the sale price, whichever is higher.

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

Which Sub Registrar Office covers Kamatchi Amman Nagar 1st Street?

The Sub Registrar Office that covers Kamatchi Amman Nagar 1st Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Mangadu -A

The guideline value is an essential factor in property transactions in Mangadu -A. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately with the appropriate fees based on the established rates. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Kamatchi Amman Nagar 1st Street?

The current guideline value of Kamatchi Amman Nagar 1st Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,206 per sq.ft in 2017 to Rs 1,800 per sq.ft in 2023, and then to Rs 1,980 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What is the land classification for Kamatchi Amman Nagar 1st Street?

The land classification for Kamatchi Amman Nagar 1st Street is Residential Special Type - III.

What are the other streets with the same guideline value in Mangadu -A?

Other streets in Mangadu -A that share the same guideline value of Rs 1,980 per sq.ft for 2024 include Kamatchi Amman Nagar 2nd Street, Kamatchi Amman Nagar, Kamatchi Amman Nagar Extn, Kamatchi Amman Koil Street, Kamatchi Amman Koil IICross Street, and Kamatchi Amman Koil I Cross Street.

Where can I find the registration office for Kamatchi Amman Nagar 1st Street?

The registration office covering Kamatchi Amman Nagar 1st Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.