Guideline Value for Kammala Street

Kammala Street guideline value

The current guideline value of Kammala Street is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Kammala Street has changed

The guideline value for Kammala Street has remained consistent at Rs 700 per sq.ft for the revisions in 2023 and 2024. Prior to this, the 2017 revision recorded a guideline value of Rs 469 per sq.ft, indicating a significant increase of 49% from 2017 to 2023 and an overall increase of 49% from 2017 to 2024.

There are no recorded figures for Kammala Street in the revisions from 2002, 2003, 2007, and 2012. Thus, the only changes noted are from the 2017 revision to the 2023 and 2024 revisions, where the value remained stable.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which aligns with the guideline value of Kammala Street.

• Kambar Street Extn: Rs 700 per sq.ft (2024)
• Kambar Street: Rs 700 per sq.ft (2024)
• Kaliyoor Rangasamy Nagar: Rs 700 per sq.ft (2024)
• Karpaga Vinayagar Nagar: Rs 700 per sq.ft (2024)
• Kasthuri Nagar: Rs 1,200 per sq.ft (2024)
• Katchiapattu Middle Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Kammala Street

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that the 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 Kammala Street?

The Sub Registrar Office that covers Kammala Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Sriperumbudur A. It serves as a reference point for determining the stamp duty and registration fees that are applicable when buying or selling property.

When a property is registered, the guideline value is used to calculate the necessary fees, ensuring that they are based on a standardized valuation. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Kammala Street?

The current guideline value of Kammala Street is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kammala Street has remained at Rs 700 per sq.ft since the 2023 revision. It increased from Rs 469 per sq.ft in 2017, marking a 49% increase overall from 2017 to 2024.

What is the land classification of Kammala Street?

Kammala Street is classified as Residential Class III Type - I, indicating its designation for residential use within the area.

Where can I find the registration office for Kammala Street?

The registration office for Kammala Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Kammala Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 7,00,000 would incur a stamp duty of Rs 49,000 at 7% and a registration fee of Rs 14,000 at 2%.