Guideline Value

Corporate

Guideline Value for Amman Kuttai and Streets

₹3800/sq.ft.

The guideline value for Amman Kuttai And Streets in Konnur village (Konnur SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Konnur

Village

Konnur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Amman Kuttai And Streets

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Amman Kuttai and Streets guideline value

The current guideline value for Amman Kuttai and Streets is Rs 3,800 per sq.ft, effective from 1 July 2024. This area is located in Konnur village, under the Konnur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Amman Kuttai and Streets has changed

The guideline value for Amman Kuttai and Streets has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 700 per sq.ft. This increased significantly to Rs 3,500 per sq.ft in 2012, marking a 400% increase. However, it then decreased to Rs 2,345 per sq.ft in 2017, reflecting a decline of 33%. The value saw a substantial increase to Rs 3,500 per sq.ft in 2023, and currently stands at Rs 3,800 per sq.ft as of the 2024 revision, which is a 9% increase from the previous year.

There are no recorded figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 443%.

Guideline values in Konnur

Konnur village has a total of 249 streets under the Konnur SRO, with guideline values for 2024 ranging from Rs 2,750 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 3,800 per sq.ft, which is equal to the current value of Amman Kuttai and Streets.

Stamp duty and registration fee for property in Amman Kuttai and Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more accurate estimates.

Which Sub Registrar Office covers Amman Kuttai and Streets?

The Sub Registrar Office that covers Amman Kuttai and Streets is the Konnur Sub Registrar Office. The address is Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, in the Chennai registration zone. You can find your SRO for more information.

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

When buying or selling property in Konnur, the guideline value is an essential factor in determining the registration fees and stamp duty payable. The guideline value serves as a benchmark for calculating these costs, ensuring that they are based on the current market standards as set by the Registration Department.

It is crucial for buyers and sellers to be aware of the guideline value as it impacts the overall transaction costs. Understanding the guideline value helps in making informed decisions during the property registration process.

Frequently asked questions

What is the current guideline value for Amman Kuttai and Streets?

The current guideline value for Amman Kuttai and Streets is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, from Rs 700 per sq.ft in 2007 to Rs 3,800 per sq.ft in 2024, marking an overall increase of 443% over the years.

What are the stamp duty and registration fees for properties in Amman Kuttai and Streets?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total costs amount to Rs 3,42,000.

Which office handles registrations for properties in Konnur?

The Konnur Sub Registrar Office handles registrations for properties in Konnur. It is located in Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the significance of the guideline value in property transactions?

The guideline value is crucial as it determines the registration fees and stamp duty payable during property transactions. It ensures that these costs are aligned with the current market standards set by the Registration Department.