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Guideline Value

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Guideline Value for Karunanidhi Nagar (K.K.Nagar)

₹2200/sq.ft.

The guideline value for Karunanidhi Nagar (k.k.nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 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:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹175 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹139 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Karunanidhi Nagar (k.k.nagar)

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Karunanidhi Nagar (K.K.Nagar) guideline value

The current guideline value of Karunanidhi Nagar (K.K.Nagar) is Rs 2,200 per sq.ft, effective from 1 July 2024. This locality is situated in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Karunanidhi Nagar (K.K.Nagar) has changed

Since the 2002 revision, the guideline value for Karunanidhi Nagar (K.K.Nagar) has seen significant changes. In 2002, the value was Rs 139 per sq.ft, which increased to Rs 175 per sq.ft in 2003, marking a 26% rise. The value then rose to Rs 200 per sq.ft in 2007, reflecting a 14% increase. A substantial jump occurred in 2012 when the value reached Rs 2,000 per sq.ft, representing a 900% increase from the previous figure. However, there was no change from 2012 to 2023, as the value remained at Rs 2,000 per sq.ft. The latest revision in 2024 brought the guideline value to Rs 2,200 per sq.ft, which is a 10% increase from 2023.

Overall, from 2002 to 2024, the guideline value has increased by 1483%, showcasing a significant rise over the years. It is important to note that the register has no figure for this street in 2017.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, positioning Karunanidhi Nagar (K.K.Nagar) below that median.

Stamp duty and registration fee for property in Karunanidhi Nagar (K.K.Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees to Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Karunanidhi Nagar (K.K.Nagar)?

The Sub Registrar Office that covers Karunanidhi Nagar (K.K.Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thirumullaivoyal. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the charges are based on the official valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. Understanding this value helps in making informed decisions during property dealings in the area.

Frequently asked questions

What is the current guideline value of Karunanidhi Nagar (K.K.Nagar)?

The current guideline value of Karunanidhi Nagar (K.K.Nagar) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2002, the guideline value has increased significantly, from Rs 139 per sq.ft to Rs 2,200 per sq.ft in 2024, marking an overall increase of 1483%.

What is the land classification for Karunanidhi Nagar (K.K.Nagar)?

Karunanidhi Nagar (K.K.Nagar) is classified as Residential Class I Type - II, indicating its designated use for residential purposes.

What are the other streets in Thirumullaivoyal and their guideline values?

Other streets in Thirumullaivoyal include Karumari Street(Devi Nagar) at Rs 2,400 per sq.ft, Karpagambal Nagar at Rs 990 per sq.ft, Karpagam Avenue at Rs 1,500 per sq.ft, Karmegam Street at Rs 1,900 per sq.ft, Karikalan Street (senthil nagar) at Rs 2,700 per sq.ft, and Kaveri Street (Sri Devi Nagar) at Rs 2,400 per sq.ft.

How is stamp duty calculated in Karunanidhi Nagar (K.K.Nagar)?

Stamp duty in Karunanidhi Nagar (K.K.Nagar) is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a plot valued at Rs 22,00,000 would incur a stamp duty of Rs 1,54,000.