Guideline Value

Corporate

Guideline Value for Sri Kamatchi Amman Nagar

₹1980/sq.ft.

The guideline value for Sri Kamatchi Amman Nagar in Chikkarayapuram village (Kunrathur SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chikkarayapuram

Village

Kunrathur

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Kamatchi Amman Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sri Kamatchi Amman Nagar guideline value

The current guideline value of Sri Kamatchi Amman Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This locality is situated in Chikkarayapuram village, under the Kunrathur SRO, and is classified as Mixed Special Type - I.

How the guideline value of Sri Kamatchi Amman Nagar has changed

The guideline value of Sri Kamatchi Amman Nagar has undergone several revisions over the years. The earliest recorded figure is from 2007, where it was Rs 200 per sq.ft. This increased significantly to Rs 1,400 per sq.ft in 2012, marking a 600% rise. However, it then decreased to Rs 938 per sq.ft in 2017, a drop of 33%. The value saw a substantial increase to Rs 1,800 per sq.ft in 2023, which was a 92% rise. The latest revision in 2024 has set the guideline value at Rs 1,980 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for Sri Kamatchi Amman Nagar in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 890%.

Guideline values in Chikkarayapuram

In Chikkarayapuram, there are 61 streets under the Kunrathur SRO that carry a guideline value for 2024, ranging from Rs 1,430 to Rs 2,800 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, which is equal to the guideline value of Sri Kamatchi Amman Nagar.

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

For a 1,000 sq.ft plot at the current rate of Rs 1,980 per sq.ft, the guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, totaling Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Kamatchi Amman Nagar?

The Sub Registrar Office that covers Sri 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 additional information.

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

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

When buying or selling property, the guideline value is considered alongside the actual sale price. The higher of the two values will be used to calculate the applicable stamp duty and registration fees, which are mandatory for completing the transaction.

Frequently asked questions

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

The current guideline value of Sri Kamatchi Amman Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, from Rs 200 per sq.ft in 2007 to Rs 1,980 per sq.ft in 2024, which is an overall increase of 890%.

What is the registration office for Sri Kamatchi Amman Nagar?

The registration office for Sri Kamatchi Amman Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Sri Kamatchi Amman Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,38,600.

What are the other streets with guideline values in Chikkarayapuram?

Other streets in Chikkarayapuram include Sri Kumarasamy Nagar at Rs 2,130 per sq.ft, Sri Maruthi Nagar, Srinivasa Nagar, Sri Ambal Nagar, and Sri Ragavendra Nagar, all at Rs 1,980 per sq.ft, and Sivasakthi Nagar Annex at Rs 1,760 per sq.ft.