Guideline Value for THIRUKUMARAN NAGAR

Thirukumaran Nagar guideline value

The current guideline value of Thirukumaran Nagar, located in Kayirambedu village, is Rs 500 per sq.ft. This value is set by the Chengleput Joint II SRO and falls under the Residential Class I Type - I land classification.

How the guideline value of Thirukumaran Nagar has changed

According to the guideline value register, there are no figures for Thirukumaran Nagar in the revisions from 2002, 2003, 2007, 2012, and 2017. The 2023 revision also recorded the guideline value at Rs 500 per sq.ft, which remained unchanged in the 2024 revision, effective from 1 July 2024.

Thus, the guideline value for Thirukumaran Nagar has consistently been Rs 500 per sq.ft from 2023 to 2024, reflecting a change of +0% between these two revisions.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,550 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value for Thirukumaran Nagar is below this median, indicating a lower valuation compared to many other streets in the area.

• Thirukural Nagar: Rs 700 per sq.ft (2024)
• Thirukural Nagar Phase I: Rs 700 per sq.ft (2024)
• Thiru. Gopal Nagar Phase II: Rs 700 per sq.ft (2024)
• Thiru.Gopal Nagar: Rs 700 per sq.ft (2024)
• Thangappan Avenue: Rs 700 per sq.ft (2024)
• Thamizh Selvi Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Thirukumaran Nagar

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

The Sub Registrar Office that covers Thirukumaran Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Kayirambedu. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value will be considered as the basis for calculating these fees, ensuring that the transaction is recorded accurately in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Thirukumaran Nagar?

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

How has the guideline value changed over the years?

The guideline value for Thirukumaran Nagar has remained constant at Rs 500 per sq.ft from the 2023 revision to the 2024 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Kayirambedu?

The median guideline value in Kayirambedu is Rs 700 per sq.ft, with Thirukumaran Nagar's value being below this median at Rs 500 per sq.ft.

What are the stamp duty and registration fees for properties in Thirukumaran Nagar?

For a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 and the registration fee would be Rs 10,000, totaling Rs 45,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Thirukumaran Nagar located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles the registration of properties in Thirukumaran Nagar.