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Guideline Value

Corporate

Guideline Value for Kasthuri Bai Nagar 4th Street

₹2350/sq.ft.

The guideline value for Kasthuri Bai Nagar 4th 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 Kasthuri Bai Nagar 4th Street

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Kasthuri Bai Nagar 4th Street guideline value

The current guideline value for Kasthuri Bai Nagar 4th Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class III Type - I.

How the guideline value of Kasthuri Bai Nagar 4th Street has changed

The guideline value for Kasthuri Bai Nagar 4th Street has seen significant changes over the years. The oldest revision available is from 2017, which set the value at Rs 1,407 per sq.ft. This figure rose to Rs 2,099 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 further increased the value to Rs 2,350 per sq.ft, representing a 12% rise from the previous year. There are no figures available for the revisions in 2012, 2007, 2003, and 2002.

Overall, from 2017 to 2024, the guideline value has increased by 67%. This reflects the changes in the area over the years, with the most recent update indicating a consistent upward trend in the guideline value.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing the guideline value of Kasthuri Bai Nagar 4th Street above this median.

Stamp duty and registration fee for property in Kasthuri Bai Nagar 4th 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% would be Rs 1,64,500, and the registration fee at 2% would be 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 use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kasthuri Bai Nagar 4th Street?

The Sub Registrar Office that covers Kasthuri Bai Nagar 4th Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue during the transaction.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, impacting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Kasthuri Bai Nagar 4th Street?

The current guideline value of Kasthuri Bai Nagar 4th 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, marking an overall increase of 67% over this period.

What is the land classification for Kasthuri Bai Nagar 4th Street?

Kasthuri Bai Nagar 4th Street is classified as Residential Class III Type - I.

Which office handles registrations for properties in this area?

The Pammal Sub Registrar Office handles registrations for properties in Kasthuri Bai Nagar 4th Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 23,50,000 would incur a stamp duty of Rs 1,64,500 at a rate of 7%.