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Guideline Value

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Guideline Value for Kamatchiamman Avenue / Vishnukanchi Road

₹1100/sq.ft.

The guideline value for Kamatchiamman Avenue / Vishnukanchi Road in 2nd Division village (Kanchipuram Joint Iv SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

2nd Division

Village

Kanchipuram Joint IV

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
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)

Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501
044-27222035
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kamatchiamman Avenue / Vishnukanchi Road

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Kamatchiamman Avenue / Vishnukanchi Road guideline value

The current guideline value of Kamatchiamman Avenue / Vishnukanchi Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in the 2nd Division village under the Kanchipuram Joint IV SRO, classified as Residential Class II Type - II.

How the guideline value of Kamatchiamman Avenue / Vishnukanchi Road has changed

The guideline value for Kamatchiamman Avenue / Vishnukanchi Road has undergone several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in the 2023 revision, and currently stands at Rs 1,100 per sq.ft as per the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%, while the value surged by 49% from 2017 to 2023. The increase from 2023 to 2024 is 10%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%.

Guideline values in 2nd Division

In the 2nd Division, there are 101 streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 11,000 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of Rs 1,100 per sq.ft for Kamatchiamman Avenue / Vishnukanchi Road is below this median.

Stamp duty and registration fee for property in Kamatchiamman Avenue / Vishnukanchi Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamatchiamman Avenue / Vishnukanchi Road?

The Kamatchiamman Avenue / Vishnukanchi Road falls under the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in 2nd Division

The guideline value is an essential factor in the registration process when buying or selling property in the 2nd Division. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the authorities will assess the guideline value to ensure that the correct fees are applied. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kamatchiamman Avenue / Vishnukanchi Road?

The current guideline value of Kamatchiamman Avenue / Vishnukanchi Road is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.

What is the land classification for Kamatchiamman Avenue / Vishnukanchi Road?

Kamatchiamman Avenue / Vishnukanchi Road is classified as Residential Class II Type - II.

Where is the Kanchipuram Joint IV SRO located?

The Kanchipuram Joint IV SRO is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Kamatchiamman Avenue / Vishnukanchi Road?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000.