Guideline Value

Corporate

Guideline Value for A.S.R. City

₹880/sq.ft.

The guideline value for A.s.r. City in Malayambakkam village (Kunrathur SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 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

Malayambakkam

Village

Kunrathur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /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 A.s.r. City

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

A.S.R. City guideline value

The current guideline value of A.S.R. City, located in Malayambakkam village under the Kunrathur SRO, is Rs 880 per sq.ft, effective from 1 July 2024. This area falls under Residential Class I Type - II land classification.

How the guideline value of A.S.R. City has changed

The guideline value for A.S.R. City has seen several revisions over the years. In 2007, the value was Rs 250 per sq.ft. This increased significantly to Rs 600 per sq.ft in 2012, followed by a decrease to Rs 402 per sq.ft in 2017. The value then rose sharply to Rs 800 per sq.ft in 2023, and the latest revision for 2024 set it at Rs 880 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

Between the revisions, there were notable changes. From 2007 to 2012, the value increased by 140%, but then it decreased by 33% from 2012 to 2017. A significant increase of 99% was observed from 2017 to 2023, followed by a 10% rise from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 252%.

Guideline values in Malayambakkam

Malayambakkam has a total of 82 streets under the Kunrathur SRO, with guideline values for 2024 ranging from Rs 450 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 935 per sq.ft, placing A.S.R. City's 2024 figure below this median.

Stamp duty and registration fee for property in A.S.R. City

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. It is important to 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 details.

Which Sub Registrar Office covers A.S.R. City?

A.S.R. City falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai - 600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Malayambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable when a property is bought or sold. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property transaction occurs, the guideline value is used to calculate the stamp duty, which is a percentage of the total value. This means that regardless of the sale price, the guideline value will influence the costs involved in the registration process.

Frequently asked questions

What is the current guideline value of A.S.R. City?

The current guideline value of A.S.R. City is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, reflecting an overall increase of 252% over the years.

What is the land classification for A.S.R. City?

A.S.R. City is classified as Residential Class I Type - II under the land classification system.

Where can I find the registration office for A.S.R. City?

The registration office for A.S.R. City is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai - 600 069.

How is the stamp duty calculated for properties in A.S.R. City?

Stamp duty for properties in A.S.R. City is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 61,600.