Guideline Value

Corporate

Guideline Value for Sundar Nagar

₹500/sq.ft.

The guideline value for Sundar Nagar in Kattupakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattupakkam

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹180 /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 Sundar Nagar

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Sundar Nagar guideline value

The current guideline value of Sundar Nagar, located in Kattupakkam village under the Gooduvancheri SRO, is Rs 500 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Sundar Nagar has changed

The guideline value for Sundar Nagar has seen several revisions over the years. In 2007, the value was Rs 180 per sq.ft, which increased significantly to Rs 500 per sq.ft in 2012. However, this figure remained unchanged until the 2017 revision, where it rose to Rs 335 per sq.ft, marking a 49% increase. The value then returned to Rs 500 per sq.ft in 2023, maintaining the same figure in the 2024 revision.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 178%.

Guideline values in Kattupakkam

In Kattupakkam, there are 27 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 1,500 per sq.ft. The median value is Rs 500 per sq.ft, which aligns with the current guideline value of Sundar Nagar.

Stamp duty and registration fee for property in Sundar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. 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 Sundar Nagar?

The Sub Registrar Office that covers Sundar Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Kattupakkam, the guideline value is a crucial factor during the registration process. It is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

The guideline value serves as a benchmark for property transactions, helping to standardize the rates across the region. Buyers and sellers should be aware of these values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Sundar Nagar?

The current guideline value of Sundar Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 180 per sq.ft in 2007 to Rs 500 per sq.ft in 2012, then to Rs 335 per sq.ft in 2017, and back to Rs 500 per sq.ft in 2023 and 2024.

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

Other streets in Kattupakkam include Thendral Nagar at Rs 400 per sq.ft, Thiru Nagar, Sri Sai Avenue, Thiruvalluvar Nagar, and Sri Balaji Nagar at Rs 500 per sq.ft, and Sri Dhanalakshmi Nagar at Rs 400 per sq.ft.

What is the stamp duty rate in Sundar Nagar?

The stamp duty rate in Sundar Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sundar Nagar?

The Gooduvancheri Sub Registrar Office covers Sundar Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.