Guideline Value for Kannadapalayam Road
₹1650/sq.ft.
The guideline value for Kannadapalayam Road in Kadaperi village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kadaperi
Village
Tambaram Joint 1
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1650 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹400 /sq.ft. |
| 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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Kannadapalayam Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kannadapalayam Road guideline value
The current guideline value of Kannadapalayam Road is Rs 1,650 per sq.ft, effective from 1 July 2024. This road is located in Kadaperi village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class I Type - II.
How the guideline value of Kannadapalayam Road has changed
The guideline value for Kannadapalayam Road has undergone several revisions over the years. In 2007, the value was set at Rs 400 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012, marking a 275% rise. However, from 2012 to 2017, there was a decrease to Rs 1,005 per sq.ft, reflecting a drop of 33%. The value then rose again to Rs 1,500 per sq.ft in 2023, a 49% increase from the previous revision. The latest revision in 2024 sees the value at Rs 1,650 per sq.ft, which is a 10% increase from 2023.
It is important to note that the register has no figures for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 313%.
Guideline values in Kadaperi
In Kadaperi, there are a total of 142 streets under the Tambaram Joint 1 SRO, with the 2024 guideline values ranging from Rs 880 to Rs 7,700 per sq.ft. The median guideline value is Rs 1,650 per sq.ft, which is the same as the current value for Kannadapalayam Road.
- Kannan Street: Rs 2,750 per sq.ft (2024)
- Kamatchi Nagar: Rs 2,750 per sq.ft (2024)
- Kamarajar Nagar (North) Amarar Jeeva Street: Rs 1,650 per sq.ft (2024)
- Kamachi Nagar 3rd Cross St: Rs 2,750 per sq.ft (2024)
- Kamachi Nagar 2-nd St: Rs 2,750 per sq.ft (2024)
- Kamachi Nagar 1-st St: Rs 2,750 per sq.ft (2024)
Stamp duty and registration fee for property in Kannadapalayam Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Kannadapalayam Road?
The Sub Registrar Office that covers Kannadapalayam Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Kadaperi
The guideline value is a crucial factor in the registration process when buying or selling property in Kadaperi. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the government.
When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This process helps maintain transparency and consistency in property transactions.
Frequently asked questions
What is the current guideline value of Kannadapalayam Road?
The current guideline value of Kannadapalayam Road is Rs 1,650 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, reflecting an overall increase of 313% over the years.
What are the other streets with guideline values in Kadaperi?
Other streets in Kadaperi include Kannan Street and Kamatchi Nagar, both valued at Rs 2,750 per sq.ft in 2024, while Kamarajar Nagar (North) Amarar Jeeva Street is also valued at Rs 1,650 per sq.ft.
What are the stamp duty and registration fees for property in Kannadapalayam Road?
For a 1,000 sq.ft plot, the total guideline value is Rs 16,50,000, with stamp duty at Rs 1,15,500 and registration fees at Rs 33,000, totaling Rs 1,48,500.
Which office handles registrations for Kannadapalayam Road?
The Tambaram Joint 1 Sub Registrar Office handles registrations for Kannadapalayam Road, located at No.26, Mes Road, East Tambaram, Chennai-600059.
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