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Guideline Value

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Guideline Value for NELLUKARA STREET(OR) ANNANI INDIRA GANDHI SALAI

₹5500/sq.ft.

The guideline value for Nellukara Street(or) Annani Indira Gandhi Salai in Kanchipuram Town village (Kanchipuram Joint I SRO, Chengalpattu zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kanchipuram Town

Village

Kanchipuram Joint I

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /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)

No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502
044-27236441
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Nellukara Street(or) Annani Indira Gandhi Salai

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Nellukara Street(Or) Annani Indira Gandhi Salai guideline value

The current guideline value for Nellukara Street(Or) Annani Indira Gandhi Salai is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Kanchipuram Town village, under the Kanchipuram Joint I SRO, and is classified as Residential Special Type - I.

How the guideline value of Nellukara Street(Or) Annani Indira Gandhi Salai has changed

The guideline value for Nellukara Street(Or) Annani Indira Gandhi Salai has seen several revisions over the years. The 2012 revision set the value at Rs 5,000 per sq.ft, which was then reduced to Rs 3,350 per sq.ft in the 2017 revision. Following this, the value increased to Rs 5,000 per sq.ft in the 2023 revision, and finally, it reached Rs 5,500 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

Between the revisions, there were significant changes. The increase from Rs 3,350 per sq.ft in 2017 to Rs 5,000 per sq.ft in 2023 marked a 49% rise. The 2023 to 2024 revision saw a further increase of 10%. Overall, from the 2012 revision to the current 2024 figure, there has been a 10% increase.

Guideline values in Kanchipuram Town

In Kanchipuram Town, there are 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Nellukara Street(Or) Annani Indira Gandhi Salai above this median.

Stamp duty and registration fee for property in Nellukara Street(Or) Annani Indira Gandhi Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value amounts to Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total fees to Rs 4,95,000. 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 Nellukara Street(Or) Annani Indira Gandhi Salai?

The Sub Registrar Office that covers Nellukara Street(Or) Annani Indira Gandhi Salai is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kanchipuram Town. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Nellukara Street(Or) Annani Indira Gandhi Salai?

The current guideline value for Nellukara Street(Or) Annani Indira Gandhi Salai is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 5,000 per sq.ft in 2012 to Rs 3,350 per sq.ft in 2017, then to Rs 5,000 per sq.ft in 2023, and finally to Rs 5,500 per sq.ft in 2024.

What is the land classification for this street?

Nellukara Street(Or) Annani Indira Gandhi Salai is classified as Residential Special Type - I.

What are the other guideline values in Kanchipuram Town?

In Kanchipuram Town, the guideline values range from Rs 880 to Rs 5,500 per sq.ft, with a median of Rs 1,650 per sq.ft. Nellukara Street(Or) Annani Indira Gandhi Salai's value is above this median.

Where can I find the Sub Registrar Office for this street?

The Kanchipuram Joint I Sub Registrar Office covers Nellukara Street(Or) Annani Indira Gandhi Salai, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502.