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Guideline Value

Corporate

Guideline Value for Kannappasamy Nagar 9th Street

₹1100/sq.ft.

The guideline value for Kannappasamy Nagar 9th Street in Puzhal village (Redhills SRO, Chennai 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 - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puzhal

Village

Redhills

SRO

Residential Class II Type - I
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 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Kannappasamy Nagar 9th Street

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Kannappasamy Nagar 9th Street guideline value

The current guideline value of Kannappasamy Nagar 9th Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Puzhal village, under the Redhills SRO, and is classified as Residential Class II Type - I.

How the guideline value of Kannappasamy Nagar 9th Street has changed

The guideline value of Kannappasamy Nagar 9th Street has undergone several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 300 per sq.ft. This increased significantly to Rs 800 per sq.ft in 2012, but then saw a decrease to Rs 536 per sq.ft in 2017. Following this, the value rose sharply to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft as of the 2024 revision. Overall, from 2007 to 2024, the guideline value has increased by 267%.

There are no recorded figures for the years 2002 and 2003 for this street. The changes between the revisions highlight a substantial increase from 2017 to 2023 of 87%, and a notable increase from 2012 to 2017 of 33%. The rise from 2007 to 2012 was 167%.

Guideline values in Puzhal

In Puzhal, there are 270 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft, with a median value of Rs 1,102 per sq.ft. The guideline value of Kannappasamy Nagar 9th Street is slightly below this median.

Stamp duty and registration fee for property in Kannappasamy Nagar 9th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to 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 duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kannappasamy Nagar 9th Street?

The Sub Registrar Office covering Kannappasamy Nagar 9th Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property in Puzhal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold or purchased, the guideline value is used to calculate the applicable fees, ensuring that the transaction is officially recorded and that all legal requirements are met. This process is essential for maintaining transparency and legality in real estate transactions.

Frequently asked questions

What is the current guideline value of Kannappasamy Nagar 9th Street?

The current guideline value of Kannappasamy Nagar 9th Street 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 300 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 267% over the years.

What are the other streets in Puzhal with the same guideline value?

Other streets in Puzhal with the same 2024 guideline value of Rs 1,100 per sq.ft include Kannappasamy Nagar 8th Street, Kannappasamy Nagar Pradhana Salai, Kannappasamy Nagar 7th Street, Kannappasamy Nagar 6th Street, Kannappasamy Nagar 5th Street, and Kannappasamy Nagar 4th Street.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.

Which office handles registrations for Kannappasamy Nagar 9th Street?

The Redhills Sub Registrar Office handles registrations for Kannappasamy Nagar 9th Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.