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Guideline Value

Corporate

Guideline Value for Kasthuri Bai Nagar Ist Street

₹2350/sq.ft.

The guideline value for Kasthuri Bai Nagar Ist 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 Ist Street

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Kasthuri Bai Nagar Ist Street guideline value

The current guideline value of Kasthuri Bai Nagar Ist 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 it falls under the Residential Class III Type - I land classification.

How the guideline value of Kasthuri Bai Nagar Ist Street has changed

The guideline value for Kasthuri Bai Nagar Ist Street has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision. The most recent revision in 2024 has set the value at Rs 2,350 per sq.ft, marking a 12% increase from the previous year and a substantial 67% increase since 2017.

There are no recorded figures for the revisions in 2002, 2003, 2007, and 2012 for this street. The overall change from 2017 to 2024 highlights a significant upward trend in the guideline value.

Guideline values in Anakaputhur

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

Stamp duty and registration fee for property in Kasthuri Bai Nagar Ist 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, making the total cost for these fees 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.

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

Which Sub Registrar Office covers Kasthuri Bai Nagar Ist Street?

The Sub Registrar Office that covers Kasthuri Bai Nagar Ist 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 more information.

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

The guideline value plays a crucial role in property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. This value is set by the Registration Department and is updated periodically to reflect changes in the market.

When registering a property, buyers must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives a fair amount of revenue from property transactions in the area.

Frequently asked questions

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

The current guideline value of Kasthuri Bai Nagar Ist 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, showing a total increase of 67% over this period.

What is the median guideline value in Anakaputhur?

The median guideline value in Anakaputhur is Rs 1,980 per sq.ft, which is lower than the current guideline value of Kasthuri Bai Nagar Ist Street.

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

For a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500 and the registration fee would be Rs 47,000, totaling Rs 2,11,500.

Which office handles property registrations for Kasthuri Bai Nagar Ist Street?

The Pammal Sub Registrar Office is responsible for property registrations in Kasthuri Bai Nagar Ist Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.