Guideline Value

Corporate

Guideline Value for SRI KANTHAVEL NAGAR

₹1000/sq.ft.

The guideline value for Sri Kanthavel Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Kanthavel Nagar

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Sri Kanthavel Nagar guideline value

The current guideline value of Sri Kanthavel Nagar, located in Adhanoor village under the Gooduvancheri SRO, is Rs 1,000 per sq.ft. This value is effective from the 1st of July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Sri Kanthavel Nagar has changed

The guideline value of Sri Kanthavel Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 1,000 per sq.ft, the same as the previous year's figure in 2023. Prior to that, in 2017, the guideline value was Rs 670 per sq.ft. Therefore, from 2017 to 2023, there was an increase of 49%. Overall, from 2017 to 2024, the increase remains at 49% as well.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The consistent value from 2017 to 2024 reflects stability in the guideline value during this period.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a guideline value for 2024, ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value is Rs 1,000 per sq.ft, placing Sri Kanthavel Nagar at the median value for 2024.

Stamp duty and registration fee for property in Sri Kanthavel Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000. Together, the total cost for these fees would be Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sri Kanthavel Nagar?

The Sub Registrar Office that covers Sri Kanthavel Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Adhanoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold or purchased, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions based on established values.

Frequently asked questions

What is the current guideline value of Sri Kanthavel Nagar?

The current guideline value of Sri Kanthavel Nagar is Rs 1,000 per sq.ft, effective from July 1, 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 49%, rising from Rs 670 per sq.ft to Rs 1,000 per sq.ft in 2024.

What is the land classification for Sri Kanthavel Nagar?

The land classification for Sri Kanthavel Nagar is Residential Special Type - I, indicating its designated use for residential purposes.

Which office handles registrations for properties in Sri Kanthavel Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for properties in Sri Kanthavel Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202.

How is the stamp duty calculated for properties in Sri Kanthavel Nagar?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 at 7%.