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Guideline Value

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Guideline Value for WEST KAMAKODI NAGAR - Arunagiri Street

₹4400/sq.ft.

The guideline value for West Kamakodi Nagar - Arunagiri Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹650 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹393 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹361 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 West Kamakodi Nagar - Arunagiri Street

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WEST KAMAKODI NAGAR - Arunagiri Street guideline value

The current guideline value of WEST KAMAKODI NAGAR - Arunagiri Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of WEST KAMAKODI NAGAR - Arunagiri Street has changed

The guideline value for WEST KAMAKODI NAGAR - Arunagiri Street has undergone several revisions over the years. In 2002, the guideline value was Rs 361 per sq.ft. This increased to Rs 393 per sq.ft in 2003, followed by a rise to Rs 650 per sq.ft in 2007. The value saw a significant jump to Rs 4,000 per sq.ft in 2012, but then decreased to Rs 2,680 per sq.ft in 2017. After that, the value rose to Rs 4,000 per sq.ft in 2023, and currently stands at Rs 4,400 per sq.ft as of the 2024 revision.

Between the revisions, the changes were as follows: from 2002 to 2003, there was an increase of 9%. The value rose by 65% from 2003 to 2007. The jump from 2007 to 2012 was 515%, while there was a decrease of 33% from 2012 to 2017. The value increased by 49% from 2017 to 2023, and finally, there was a 10% increase from 2023 to 2024. Overall, from 2002 to 2024, the guideline value has increased by 1119%.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 8,800 per sq.ft, with a median value of Rs 3,850 per sq.ft. The guideline value for WEST KAMAKODI NAGAR - Arunagiri Street is above this median.

Stamp duty and registration fee for property in WEST KAMAKODI NAGAR - Arunagiri Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers WEST KAMAKODI NAGAR - Arunagiri Street?

The Sub Registrar Office that covers WEST KAMAKODI NAGAR - Arunagiri Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Valasaravakkam. It is used to calculate the stamp duty and registration fees, which are mandatory for any property sale or purchase.

Frequently asked questions

What is the current guideline value for WEST KAMAKODI NAGAR - Arunagiri Street?

The current guideline value for WEST KAMAKODI NAGAR - Arunagiri Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 361 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 1119%.

What is the registration office for this area?

The registration office covering WEST KAMAKODI NAGAR - Arunagiri Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What are the stamp duty rates applicable?

The stamp duty for properties in this area is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find more information about stamp duty and registration fees?

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