Guideline Value for Abirami Nagar 2nd Extension

₹1540/sq.ft.

The guideline value for Abirami Nagar 2nd Extension in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /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)

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 Abirami Nagar 2nd Extension

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Abirami Nagar 2nd Extension guideline value

The current guideline value of Abirami Nagar 2nd Extension is Rs 1,540 per sq.ft, effective from 1 July 2024. This area is located in Thiruverkadu village and falls under the Kunrathur SRO, classified as Residential Class I Type - I.

How the guideline value of Abirami Nagar 2nd Extension has changed

The guideline value for Abirami Nagar 2nd Extension has undergone several revisions over the years. In 2012, the guideline value was set at Rs 1,400 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a significant decrease to Rs 938 per sq.ft, marking a drop of 33%. Following this, the value increased to Rs 1,400 per sq.ft in 2023, reflecting a 49% rise. The most recent revision in 2024 has brought the guideline value to Rs 1,540 per sq.ft, an increase of 10% from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft. The median value is Rs 1,540 per sq.ft, which is the same as the guideline value for Abirami Nagar 2nd Extension.

Stamp duty and registration fee for property in Abirami Nagar 2nd Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total to Rs 1,38,600. It is essential to note that the 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 Abirami Nagar 2nd Extension?

The Sub Registrar Office that covers Abirami Nagar 2nd Extension is 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 Thiruverkadu

The guideline value is a crucial factor when buying or selling property in Thiruverkadu, as it determines the amount of stamp duty and registration fees applicable during the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

When a property is registered, the guideline value serves as a benchmark for calculating taxes and fees, ensuring that all transactions are transparent and fair. It is advisable to check the latest guideline values before engaging in any property transactions.

Frequently asked questions

What is the current guideline value of Abirami Nagar 2nd Extension?

The current guideline value of Abirami Nagar 2nd Extension is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then back to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,540 per sq.ft in 2024.

What is the land classification for Abirami Nagar 2nd Extension?

Abirami Nagar 2nd Extension is classified as Residential Class I Type - I.

Where can I find the registration office for Abirami Nagar 2nd Extension?

The registration office for Abirami Nagar 2nd Extension is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Abirami Nagar 2nd Extension?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,07,800.