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Guideline Value

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Guideline Value for Karukku Utkadai Paguthi & Street & Lanes

₹1500/sq.ft.

The guideline value for Karukku Utkadai Paguthi & Street & Lanes in Pattravakkam village (Konnur SRO, Chennai zone) is Rs 1500 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pattravakkam

Village

Konnur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1500 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Karukku Utkadai Paguthi & Street & Lanes

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Karukku Utkadai Paguthi & Street & Lanes guideline value

The current guideline value for Karukku Utkadai Paguthi & Street & Lanes is Rs 1,500 per sq.ft, effective from 1 July 2024. This area is located in Pattravakkam village under the Konnur SRO, classified as Residential Class II Type - I.

How the guideline value of Karukku Utkadai Paguthi & Street & Lanes has changed

Over the years, the guideline value for Karukku Utkadai Paguthi & Street & Lanes has undergone several revisions. The earliest recorded figure is from 2012, which was Rs 1,400 per sq.ft. This was followed by a decrease to Rs 938 per sq.ft in 2017. The next revision in 2023 saw an increase to Rs 1,400 per sq.ft, and the most recent revision in 2024 has set the guideline value at Rs 1,500 per sq.ft, marking a 7% increase from the previous year.

In summary, from 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased significantly by 49%. Overall, from 2012 to 2024, the guideline value has seen a slight increase of 7%.

Guideline values in Pattravakkam

Pattravakkam village has a total of 34 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,900 per sq.ft, with a median value of Rs 1,500 per sq.ft. The guideline value for Karukku Utkadai Paguthi & Street & Lanes is equal to this median.

Stamp duty and registration fee for property in Karukku Utkadai Paguthi & Street & Lanes

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000. Together, the total cost for stamp duty and registration would be Rs 1,35,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Karukku Utkadai Paguthi & Street & Lanes?

The Sub Registrar Office that covers Karukku Utkadai Paguthi & Street & Lanes is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Pattravakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling a property, the guideline value influences the applicable stamp duty and registration fees. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value for Karukku Utkadai Paguthi & Street & Lanes?

The current guideline value for Karukku Utkadai Paguthi & Street & Lanes is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then increased to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,500 per sq.ft in 2024.

What is the median guideline value for streets in Pattravakkam?

The median guideline value for streets in Pattravakkam is Rs 1,500 per sq.ft, which is the same as the current value for Karukku Utkadai Paguthi & Street & Lanes.

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

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,35,000.

Where can I find the Sub Registrar Office for this area?

The Konnur Sub Registrar Office covers Karukku Utkadai Paguthi & Street & Lanes, located at Sub Register Office, Villivakkam Panchat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.