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Guideline Value

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Guideline Value for SRI BALAJI NAGAR(WEST) KATTANKOLATHUR (WARD -18)

₹990/sq.ft.

The guideline value for Sri Balaji Nagar(west) Kattankolathur (ward -18) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Balaji Nagar(west) Kattankolathur (ward -18)

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Sri Balaji Nagar(West) Kattankolathur (Ward -18) guideline value

The current guideline value of Sri Balaji Nagar(West) Kattankolathur (Ward -18) is Rs 990 per sq.ft. This area is located in Kattankollatur village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Sri Balaji Nagar(West) Kattankolathur (Ward -18) has changed

The guideline value for Sri Balaji Nagar(West) Kattankolathur has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 990 per sq.ft, which is an increase from Rs 900 per sq.ft in 2023, marking a change of +10%. Before that, the 2017 revision recorded a value of Rs 603 per sq.ft, reflecting a significant increase of +49% from the prior 2012 revision, which was Rs 900 per sq.ft. The register has no figure for the years 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by -33%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of +10%, indicating fluctuations in the property valuation over time.

Guideline values in Kattankollatur

In Kattankollatur, there are 453 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 3,612 per sq.ft. The median value across these streets is Rs 1,100 per sq.ft, placing the 2024 guideline value of Sri Balaji Nagar(West) Kattankolathur below that median.

Stamp duty and registration fee for property in Sri Balaji Nagar(West) Kattankolathur (Ward -18)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value amounts to Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, while the registration fee at 2% would be Rs 19,800, making the total cost for these fees Rs 89,100. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Balaji Nagar(West) Kattankolathur (Ward -18)?

The Sri Balaji Nagar(West) Kattankolathur (Ward -18) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Kattankollatur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Balaji Nagar(West) Kattankolathur (Ward -18)?

The current guideline value of Sri Balaji Nagar(West) Kattankolathur (Ward -18) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2023 to Rs 990 per sq.ft in 2024, an increase of +10%. It was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012, with various fluctuations noted in these revisions.

What is the land classification for Sri Balaji Nagar(West) Kattankolathur?

The land classification for Sri Balaji Nagar(West) Kattankolathur is Residential Class I Type - II, indicating its suitability for residential purposes.

What are the other streets in Kattankollatur with their guideline values?

Other streets in Kattankollatur include Sri Bavani Nagar Peramanur at Rs 440 per sq.ft, Sri Bhuvaneswari Avenue Peramanur at Rs 660 per sq.ft, and Sri Chandra Surya Gardens at Rs 990 per sq.ft, among others, with values ranging significantly across the area.

Where is the Sub Registrar Office for Sri Balaji Nagar(West) Kattankolathur located?

The Chengleput Joint II Sub Registrar Office, which covers Sri Balaji Nagar(West) Kattankolathur, is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.