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Guideline Value

Corporate

Guideline Value for Karikalan Nagar Rajaji 2nd Cross Street

₹2350/sq.ft.

The guideline value for Karikalan Nagar Rajaji 2nd Cross Street in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 2350 per sq.ft, effective 1 July 2024. It was Rs 2099 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2350 /sq.ft.
From 1-4-2023 ₹2099 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Karikalan Nagar Rajaji 2nd Cross Street

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Karikalan Nagar Rajaji 2nd Cross Street guideline value

The current guideline value of Karikalan Nagar Rajaji 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class III Type - I.

How the guideline value of Karikalan Nagar Rajaji 2nd Cross Street has changed

The guideline value for Karikalan Nagar Rajaji 2nd Cross Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in 2023. The most recent revision in 2024 raised the value to Rs 2,350 per sq.ft, marking a 12% increase from the previous year and a significant 67% increase from 2017.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The changes from 2017 to 2023 reflect a 49% increase, showcasing a steady rise in the guideline value over the years.

Guideline values in Anakaputhur

Anakaputhur has a total of 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. Karikalan Nagar Rajaji 2nd Cross Street's 2024 figure is above this median.

Stamp duty and registration fee for property in Karikalan Nagar Rajaji 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty at 7% is Rs 1,64,500, and the registration fee at 2% is Rs 47,000, bringing the total charges to Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your charges using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Karikalan Nagar Rajaji 2nd Cross Street?

The Sub Registrar Office that covers Karikalan Nagar Rajaji 2nd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Karikalan Nagar Rajaji 2nd Cross Street?

The current guideline value of Karikalan Nagar Rajaji 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,407 per sq.ft in 2017 to Rs 2,350 per sq.ft in 2024, reflecting a 67% increase over this period.

What is the stamp duty for property in Karikalan Nagar Rajaji 2nd Cross Street?

The stamp duty for property in Karikalan Nagar Rajaji 2nd Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the registration office for this area?

The registration office for Karikalan Nagar Rajaji 2nd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for this street?

Karikalan Nagar Rajaji 2nd Cross Street is classified as Residential Class III Type - I, indicating its designation for residential use.