Guideline Value for Kamrajapuram Health workers Kudirrupu

Kamrajapuram Health workers Kudirrupu guideline value

The current guideline value of Kamrajapuram Health workers Kudirrupu is Rs 1,800 per sq.ft, effective from 1 July 2024. This area is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class IV Type - III.

How the guideline value of Kamrajapuram Health workers Kudirrupu has changed

Over the years, the guideline value for Kamrajapuram Health workers Kudirrupu has seen several revisions. The 2012 revision set the value at Rs 1,700 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,139 per sq.ft. The value remained at Rs 1,700 per sq.ft in the 2023 revision, which then increased to Rs 1,800 per sq.ft in the 2024 revision, marking a 6% increase.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2012 revision to the current 2024 figure, there has been a total increase of 6%. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median value for these streets is Rs 3,600 per sq.ft, placing Kamrajapuram Health workers Kudirrupu's 2024 figure below this median.

• Kambar Street (Ramapuram): Rs 5,100 per sq.ft (2024)
• Kannaia chetty Street: Rs 4,600 per sq.ft (2024)
• Kapilar Street: Rs 3,600 per sq.ft (2024)
• Kamarajapuram V.O.C. Street: Rs 1,800 per sq.ft (2024)
• Kamarajapuram Vanchi Nagar: Rs 1,800 per sq.ft (2024)
• Kamarajapuram T.V.K Street: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Kamrajapuram Health workers Kudirrupu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total cost for these fees to Rs 1,62,000. 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 details.

Which Sub Registrar Office covers Kamrajapuram Health workers Kudirrupu?

The Kamrajapuram Health workers Kudirrupu area is covered by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the transaction's legitimacy and prevents undervaluation. Buyers and sellers should be aware of the guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Kamrajapuram Health workers Kudirrupu?

The current guideline value of Kamrajapuram Health workers Kudirrupu is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2023 to Rs 1,800 per sq.ft in 2024, which is a 6% increase. It was Rs 1,139 per sq.ft in 2017 and Rs 1,700 per sq.ft in 2012.

What is the land classification for Kamrajapuram Health workers Kudirrupu?

Kamrajapuram Health workers Kudirrupu is classified as Residential Class IV Type - III.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 18,00,000, the stamp duty would be Rs 1,26,000 and the registration fee would be Rs 36,000, totaling Rs 1,62,000.

Where can I find the Sub Registrar Office for Kamrajapuram Health workers Kudirrupu?

The Sub Registrar Office for Kamrajapuram Health workers Kudirrupu is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.