Guideline Value

Corporate

Guideline Value for Kirupa Nagar Extn.

₹807/sq.ft.

The guideline value for Kirupa Nagar Extn. in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 807 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹807 /sq.ft.
From 1-4-2023 ₹807 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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)

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 Kirupa Nagar Extn.

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kirupa Nagar Extn. guideline value

The current guideline value of Kirupa Nagar Extn. is Rs 807 per sq.ft, effective from 1 July 2024. This area is located in Kovilpathagai village and falls under the Ambattur SRO. The land classification for this street is Residential Class III Type - II.

How the guideline value of Kirupa Nagar Extn. has changed

The guideline value for Kirupa Nagar Extn. has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then increased to Rs 335 per sq.ft in the 2017 revision. Following this, the value saw a significant rise to Rs 807 per sq.ft in the 2023 revision, which remained unchanged in the 2024 revision.

In terms of percentage changes, from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 141%. Overall, from 2012 to 2024, the guideline value has increased by 61%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 278 streets under the Ambattur SRO that carry a guideline value for 2024, ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value in this area is Rs 870 per sq.ft, making Kirupa Nagar Extn.'s 2024 figure below this median.

Stamp duty and registration fee for property in Kirupa Nagar Extn.

For a 1,000 sq.ft plot at the current guideline value of Rs 807 per sq.ft, the total guideline value would be Rs 8,07,000. The stamp duty at 7% would amount to Rs 56,490, and the registration fee at 2% would be Rs 16,140. Together, the total cost for stamp duty and registration fee would be Rs 72,630. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kirupa Nagar Extn.?

The Sub Registrar Office that covers Kirupa Nagar Extn. 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 Kovilpathagai

The guideline value plays a crucial role in the registration process when buying or selling property in Kovilpathagai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction. This ensures that the government receives the appropriate revenue from property transactions.

When a property is sold, the guideline value is assessed to ensure that the sale price is in line with the market standards set by the government. If the sale price is higher than the guideline value, the stamp duty and registration fees will be calculated based on the sale price instead.

Frequently asked questions

What is the current guideline value of Kirupa Nagar Extn.?

The current guideline value of Kirupa Nagar Extn. is Rs 807 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 807 per sq.ft in 2023 and 2024. The overall change from 2012 to 2024 is an increase of 61%.

What is the land classification for Kirupa Nagar Extn.?

The land classification for Kirupa Nagar Extn. is Residential Class III Type - II.

Where can I find the Sub Registrar Office for Kirupa Nagar Extn.?

The Sub Registrar Office for Kirupa Nagar Extn. is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Kirupa Nagar Extn.?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 8,07,000, the stamp duty at 7% would be Rs 56,490.