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Guideline Value

Corporate

Guideline Value for Tambaram - Kishkintha Road

₹1650/sq.ft.

The guideline value for Tambaram - Kishkintha Road in Varadarajapuram village (Padappai SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Varadarajapuram

Village

Padappai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[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 Tambaram - Kishkintha Road

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Tambaram - Kishkintha Road guideline value

The current guideline value of Tambaram - Kishkintha Road is Rs 1,650 per sq.ft, effective from 1 July 2024. This road is located in Varadarajapuram village, under the Padappai SRO, and is classified as Residential Special Type - II.

How the guideline value of Tambaram - Kishkintha Road has changed

The guideline value for Tambaram - Kishkintha Road has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which then decreased to Rs 1,005 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,500 per sq.ft in 2023, and then rose again to the current value of Rs 1,650 per sq.ft in 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 49%. The overall change from 2012 to 2024 is an increase of 10%, reflecting the current value of Rs 1,650 per sq.ft.

Guideline values in Varadarajapuram

In Varadarajapuram, there are 250 streets under the Padappai SRO, with values ranging from Rs 880 to Rs 4,100 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, which is equal to the current guideline value for Tambaram - Kishkintha Road.

Stamp duty and registration fee for property in Tambaram - Kishkintha Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Tambaram - Kishkintha Road?

The Sub Registrar Office that covers Tambaram - Kishkintha Road is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Varadarajapuram. It is used to determine the stamp duty and registration fees applicable on the property being bought or sold.

When a buyer or seller approaches the registration office, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. The guideline value is a reference point for both buyers and sellers during negotiations.

Frequently asked questions

What is the current guideline value of Tambaram - Kishkintha Road?

The current guideline value of Tambaram - Kishkintha Road is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and currently stands at Rs 1,650 per sq.ft in 2024.

What is the land classification for Tambaram - Kishkintha Road?

The land classification for Tambaram - Kishkintha Road is Residential Special Type - II.

Where can I find the registration office for Tambaram - Kishkintha Road?

The registration office for Tambaram - Kishkintha Road is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as a reference point for both buyers and sellers, ensuring that the transaction is recorded at a fair value.