Guideline Value

Corporate

Guideline Value for Kamatchi Nagar Main Road

₹1760/sq.ft.

The guideline value for Kamatchi Nagar Main Road in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kamatchi Nagar Main Road

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Kamatchi Nagar Main Road guideline value

The current guideline value of Kamatchi Nagar Main Road is Rs 1,760 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - I.

How the guideline value of Kamatchi Nagar Main Road has changed

The guideline value for Kamatchi Nagar Main Road has undergone several revisions over the years. The 2017 revision set the value at Rs 1,072 per sq.ft. This increased significantly to Rs 1,600 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 has further increased the value by 10%, bringing it to Rs 1,760 per sq.ft.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, the guideline value has increased by 64% from Rs 1,072 per sq.ft in 2017 to the current Rs 1,760 per sq.ft in 2024.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, making the guideline value of Kamatchi Nagar Main Road below this median.

Stamp duty and registration fee for property in Kamatchi Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to 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 or the sale price.

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

Which Sub Registrar Office covers Kamatchi Nagar Main Road?

The Sub Registrar Office that covers Kamatchi Nagar Main Road 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 plays a crucial role in property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers should be aware that the guideline value is set by the government and reflects the minimum value at which a property can be registered.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair price, which helps in maintaining transparency in real estate dealings. It is essential for both buyers and sellers to consider the guideline value during negotiations to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Kamatchi Nagar Main Road?

The current guideline value of Kamatchi Nagar Main Road 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 this period.

What are the stamp duty and registration fees for properties in Kamatchi Nagar Main Road?

For a property valued at Rs 17,60,000, the stamp duty would be Rs 1,23,200 and the registration fee would be Rs 35,200, totaling Rs 1,58,400.

Which office handles the registration for Kamatchi Nagar Main Road?

The Pammal Sub Registrar Office handles the registration for Kamatchi Nagar Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the significance of the guideline value in property transactions?

The guideline value is essential for determining the stamp duty and registration fees during property transactions. It ensures that properties are registered at a fair price, promoting transparency in real estate dealings.