Guideline Value

Corporate

Guideline Value for NANDAMBAKKAM TO KUNDRATHUR ROAD

₹1210/sq.ft.

The guideline value for Nandambakkam To Kundrathur Road in Nandambakkam village (Padappai SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nandambakkam

Village

Padappai

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Nandambakkam To Kundrathur Road

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Nandambakkam To Kundrathur Road guideline value

The current guideline value for Nandambakkam To Kundrathur Road is Rs 1,210 per sq.ft, effective from 1 July 2024. This road is located in Nandambakkam village, under the Padappai SRO, with a land classification of Commercial Class I Type - I.

How the guideline value of Nandambakkam To Kundrathur Road has changed

The guideline value for Nandambakkam To Kundrathur Road has seen several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 737 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, representing a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 1,210 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. For the years 2002, 2003, 2007, and 2012, the register has no figure for this street.

Guideline values in Nandambakkam

Nandambakkam village has 94 streets under the Padappai SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,300 per sq.ft, with a median of Rs 880 per sq.ft. The guideline value for Nandambakkam To Kundrathur Road is above this median.

Stamp duty and registration fee for property in Nandambakkam To Kundrathur Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty is charged at 7%, amounting to Rs 84,700, and the registration fee is 2%, which equals Rs 24,200. Together, the total cost for stamp duty and registration fee would be Rs 1,08,900. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nandambakkam To Kundrathur Road?

The Sub Registrar Office that covers Nandambakkam To Kundrathur Road is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Nandambakkam. It serves as a benchmark for determining the amount of stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value for Nandambakkam To Kundrathur Road?

The current guideline value for Nandambakkam To Kundrathur Road is Rs 1,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, marking a total increase of 64% over the seven years.

What is the land classification for Nandambakkam To Kundrathur Road?

The land classification for Nandambakkam To Kundrathur Road is Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the registration office for Nandambakkam?

The registration office for Nandambakkam is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. The stamp duty is charged at 7%, while the registration fee is 2% of the guideline value or sale price.