Guideline Value

Corporate

Guideline Value for Sri Kamalam Nagar

₹1900/sq.ft.

The guideline value for Sri Kamalam Nagar in Puthagaram village (Ambattur SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthagaram

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sri Kamalam Nagar

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Sri Kamalam Nagar guideline value

The current guideline value of Sri Kamalam Nagar is Rs 1,900 per sq.ft, effective from 1 July 2024. This area is located in Puthagaram village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Sri Kamalam Nagar has changed

Since the 2012 revision, the guideline value for Sri Kamalam Nagar has seen various changes. In 2012, the value was Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,800 per sq.ft, a rise of 49%. The most recent revision in 2024 set the value at Rs 1,900 per sq.ft, reflecting a 6% increase from the previous year.

There are no figures available in the register for the years 2002, 2003, and 2007 for this street. Overall, comparing the values from 2012 to 2024, there has been a slight increase of 6%.

Guideline values in Puthagaram

Puthagaram village has a total of 140 streets under the Ambattur SRO, with guideline values ranging from Rs 1,200 to Rs 3,800 per sq.ft. The median value for these streets is Rs 1,900 per sq.ft, which is equal to the current guideline value of Sri Kamalam Nagar.

Stamp duty and registration fee for property in Sri Kamalam Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,900 per sq.ft, the guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Kamalam Nagar?

Sri Kamalam Nagar falls under the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is an essential factor in the registration of properties in Puthagaram. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and transparently, reflecting the official value set by the government for that area.

Frequently asked questions

What is the current guideline value of Sri Kamalam Nagar?

The current guideline value of Sri Kamalam Nagar is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.

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

Other streets in Puthagaram include Sri Kumaran Nagar, Sri Ganapathy Nagar, Sri Kumaran Nagar Extn., Sri Lakshmi amman Nagar, Sri Lakshmi Nagar, and Sri Maha Devi Nagar, with values ranging from Rs 1,600 to Rs 2,201 per sq.ft.

What is the registration fee for property in Sri Kamalam Nagar?

The registration fee for property in Sri Kamalam Nagar is calculated based on the guideline value, which is currently Rs 1,900 per sq.ft. For a 1,000 sq.ft property, the total registration fee would be Rs 1,71,000, including stamp duty and registration fees.

Where is the Ambattur Sub Registrar Office located?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.