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Guideline Value

Corporate

Guideline Value for Karpagam Garden 6th Cross Road

₹7700/sq.ft.

The guideline value for Karpagam Garden 6th Cross Road in Urur village (Adayar SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4690 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹4200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1313 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1110 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Karpagam Garden 6th Cross Road

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Karpagam Garden 6th Cross Road guideline value

The current guideline value of Karpagam Garden 6th Cross Road is Rs 7,700 per sq.ft, effective from 1 July 2024. This street is located in Urur village and falls under the Adayar SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Karpagam Garden 6th Cross Road has changed

The guideline value for Karpagam Garden 6th Cross Road has seen significant changes over the years. In 2002, the value was Rs 1,110 per sq.ft, which increased to Rs 1,313 per sq.ft in 2003, marking an 18% rise. The value continued to rise to Rs 4,200 per sq.ft in 2007, reflecting a substantial increase of 220%. Following this, the value reached Rs 7,000 per sq.ft in 2012, which was a 67% increase from the previous figure. However, it then dropped to Rs 4,690 per sq.ft in 2017, representing a 33% decrease. The value climbed to Rs 7,000 per sq.ft in 2023, and now stands at Rs 7,700 per sq.ft in 2024, a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 594%. There are no figures available for the revisions of the years not mentioned in the register for this street.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO, with guideline values for 2024 ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, placing Karpagam Garden 6th Cross Road above this median at Rs 7,700 per sq.ft.

Stamp duty and registration fee for property in Karpagam Garden 6th Cross Road

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty at 7% would be Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total charges to Rs 6,93,000. It is important to note that 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 details.

Which Sub Registrar Office covers Karpagam Garden 6th Cross Road?

The Sub Registrar Office that covers Karpagam Garden 6th Cross Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Urur, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees applicable during the transaction.

When a property is sold, the sale price must be equal to or higher than the guideline value to ensure compliance with registration regulations. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Karpagam Garden 6th Cross Road?

The current guideline value of Karpagam Garden 6th Cross Road is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

In recent years, the guideline value has increased from Rs 7,000 per sq.ft in 2023 to Rs 7,700 per sq.ft in 2024, marking a 10% increase. The value has also seen significant changes from Rs 4,690 per sq.ft in 2017 to Rs 7,000 per sq.ft in 2023, a 49% increase.

What is the land classification for Karpagam Garden 6th Cross Road?

The land classification for Karpagam Garden 6th Cross Road is Residential Class I Type - I, indicating its designation for residential purposes.

Where can I find the Adayar Sub Registrar Office?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. This office handles the registration of properties in the area.

How is stamp duty calculated for properties in Karpagam Garden 6th Cross Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the stamp duty would be Rs 5,39,000.