Guideline Value

Corporate

Guideline Value for Sri Devi Karumariamman Nagar

₹550/sq.ft.

The guideline value for Sri Devi Karumariamman Nagar in Kuthanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kuthanoor

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹368 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹550 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹85 /sq.ft.
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 Devi Karumariamman Nagar

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Sri Devi Karumariamman Nagar guideline value

The current guideline value of Sri Devi Karumariamman Nagar is Rs 550 per sq.ft. This area is located in Kuthanoor village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Sri Devi Karumariamman Nagar has changed

The guideline value of Sri Devi Karumariamman Nagar has gone through several revisions over the years. The earliest recorded value was Rs 85 per sq.ft in 2007, which increased significantly to Rs 550 per sq.ft in 2012. However, it then decreased to Rs 368 per sq.ft in 2017. The value remained unchanged at Rs 550 per sq.ft in both the 2023 and 2024 revisions, indicating a 0% change from 2023 to 2024 and a 49% increase from 2017 to 2023.

There are no recorded figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 547%.

Guideline values in Kuthanoor

In Kuthanoor, there are 30 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 400 to Rs 2,000 per sq.ft. The median guideline value for these streets is Rs 800 per sq.ft, making the current value of Sri Devi Karumariamman Nagar below that median.

Stamp duty and registration fee for property in Sri Devi Karumariamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total cost for these fees to Rs 49,500. It is important to note that 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 Sri Devi Karumariamman Nagar?

The Sri Devi Karumariamman Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Kuthanoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the buyer must take into account the guideline value to calculate the applicable fees. This helps in maintaining transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Devi Karumariamman Nagar?

The current guideline value of Sri Devi Karumariamman Nagar is Rs 550 per sq.ft as per the 2024 revision.

How much has the guideline value changed over the years?

The guideline value has seen various changes, with a significant increase from Rs 85 per sq.ft in 2007 to Rs 550 per sq.ft in 2012, followed by a decrease to Rs 368 per sq.ft in 2017. It has remained constant at Rs 550 per sq.ft in both the 2023 and 2024 revisions.

What are the other streets in Kuthanoor and their guideline values?

Other streets in Kuthanoor include Sri Devi Karumariamman Nagar-II at Rs 550 per sq.ft, Sri Karumari Amman Nagar at Rs 1,800 per sq.ft, and Senthil Nagar Extn and Senthil Nagar both at Rs 800 per sq.ft, among others.

What is the stamp duty for property in Sri Devi Karumariamman Nagar?

The stamp duty for property in Sri Devi Karumariamman Nagar is calculated at 7% of the guideline value. For example, on a 1,000 sq.ft plot valued at Rs 5,50,000, the stamp duty would be Rs 38,500.

Which office handles property registrations in Sri Devi Karumariamman Nagar?

The Gooduvancheri Sub Registrar Office handles property registrations for Sri Devi Karumariamman Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.