Guideline Value for Kulathur Main Road
₹4400/sq.ft.
The guideline value for Kulathur Main Road in S. Kullathur village (Pallavaram SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
S. Kullathur
Village
Pallavaram
SRO
Commercial Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹4400 /sq.ft. |
| From 1-4-2023 | ₹4000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2680 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹4000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹500 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹84 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Kulathur Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pallavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kulathur Main Road guideline value
The current guideline value of Kulathur Main Road in S. Kullathur village, under the Pallavaram SRO, is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is classified as Commercial Class I Type - II.
How the guideline value of Kulathur Main Road has changed
The guideline value for Kulathur Main Road has undergone several revisions over the years. Starting from Rs 84 per sq.ft in 2003, it increased significantly to Rs 500 per sq.ft in 2007. The value then rose to Rs 4,000 per sq.ft in 2012, followed by a decrease to Rs 2,680 per sq.ft in 2017. The 2023 revision saw another increase to Rs 4,000 per sq.ft, and the most recent revision in 2024 set the value at Rs 4,400 per sq.ft. The register has no figure for this street in 2002.
In terms of percentage changes, the value increased by 495% from 2003 to 2007, decreased by 33% from 2012 to 2017, and then increased by 49% from 2017 to 2023. The jump from 2023 to 2024 was 10%. Overall, the guideline value has increased by 5138% from 2003 to 2024.
Guideline values in S. Kullathur
In S. Kullathur, there are 71 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,400 per sq.ft. The median value for these streets is Rs 2,750 per sq.ft, placing Kulathur Main Road above this median.
- Krishna Nagar 1st Main Road: Rs 2,530 per sq.ft (2024)
- Krishna Nagar: Rs 2,530 per sq.ft (2024)
- Lakshmi Narayanan Nagar: Rs 2,530 per sq.ft (2024)
- LIC Nagar: Rs 2,530 per sq.ft (2024)
- Kavimani Nagar 3rd Street: Rs 4,400 per sq.ft (2024)
- Kavimani Nagar: Rs 2,530 per sq.ft (2024)
Stamp duty and registration fee for property in Kulathur Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Kulathur Main Road?
The Sub Registrar Office covering Kulathur Main Road is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for further assistance.
How the guideline value is used when you buy or sell in S. Kullathur
The guideline value is an important factor when registering property transactions in S. Kullathur. It determines the minimum price at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.
When buying or selling property, the guideline value is compared to the sale price. The higher of the two will be used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.
Frequently asked questions
What is the current guideline value of Kulathur Main Road?
The current guideline value of Kulathur Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has seen significant changes, starting from Rs 84 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 5138% over the years.
What is the classification of land on Kulathur Main Road?
The land classification for Kulathur Main Road is Commercial Class I Type - II, indicating its suitability for commercial activities.
What are the stamp duty rates for properties in Kulathur Main Road?
The stamp duty rate for properties in Kulathur Main Road is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.
Where can I find the Sub Registrar Office for Kulathur Main Road?
The Sub Registrar Office for Kulathur Main Road is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.
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