Guideline Value for SREE KAMATCHI AMMAN NAGAR

Sree Kamatchi Amman Nagar guideline value

The current guideline value of Sree Kamatchi Amman Nagar is Rs 2,460 per sq.ft, effective from 1 July 2024. This street is located in Kannampalayam village under the Kunrathur SRO, with a land classification of Mixed Type - II.

How the guideline value of Sree Kamatchi Amman Nagar has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Sree Kamatchi Amman Nagar. The latest revision in 2024 shows a guideline value of Rs 2,460 per sq.ft.

Since there are no figures available for the previous years, it is important to note that the only current figure is from the 2024 revision. There have been no changes between the revisions above.

Guideline values in Kannampalayam

In Kannampalayam, there are 75 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 765 to Rs 4,000 per sq.ft, with a median of Rs 1,375 per sq.ft. The guideline value of Sree Kamatchi Amman Nagar is above this median.

• Sri Ambal Nagar: Rs 1,320 per sq.ft (2024)
• Sri Ambal Vijayalakshmi Nagar: Rs 2,460 per sq.ft (2024)
• Sri Dhanalakshmi Nagar: Rs 880 per sq.ft (2024)
• Sri Kamadhenu Nagar: Rs 2,200 per sq.ft (2024)
• Silambarasan Avenue: Rs 955 per sq.ft (2024)
• Shunmuga Nagar: Rs 765 per sq.ft (2024)

Stamp duty and registration fee for property in Sree Kamatchi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,460 per sq.ft, the total guideline value is Rs 24,60,000. The stamp duty at 7% would be Rs 1,72,200, and the registration fee at 2% would be Rs 49,200, making the total charges Rs 2,21,400. Duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sree Kamatchi Amman Nagar?

The Sub Registrar Office that covers Sree Kamatchi Amman Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Kannampalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately, reflecting the value of the property in accordance with government regulations. This helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Sree Kamatchi Amman Nagar?

The current guideline value of Sree Kamatchi Amman Nagar is Rs 2,460 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Sree Kamatchi Amman Nagar. The only available figure is from the 2024 revision.

What are the stamp duty and registration fees for property in Sree Kamatchi Amman Nagar?

For a 1,000 sq.ft plot, the guideline value is Rs 24,60,000. The stamp duty at 7% is Rs 1,72,200, and the registration fee at 2% is Rs 49,200, totaling Rs 2,21,400.

Which office handles property registrations for Sree Kamatchi Amman Nagar?

The Kunrathur Sub Registrar Office handles property registrations for Sree Kamatchi Amman Nagar, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification of Sree Kamatchi Amman Nagar?

The land classification of Sree Kamatchi Amman Nagar is Mixed Type - II, which indicates the nature of land use in the area.