Guideline Value for C.S.I. church Road

C.S.I. church Road guideline value

The current guideline value of C.S.I. church Road in Porur village, under the Kunrathur SRO, is Rs 3,960 per sq.ft, effective from 1 July 2024. This road is classified as Residential Special Type - I.

How the guideline value of C.S.I. church Road has changed

The guideline value for C.S.I. church Road has seen several revisions over the years. The 2012 revision set the value at Rs 3,600 per sq.ft, which was a decrease of 33% from Rs 2,412 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 3,600 per sq.ft, and the latest 2024 revision has raised it to Rs 3,960 per sq.ft, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value increased significantly by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Porur

In Porur, there are 530 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median value is Rs 3,960 per sq.ft, which matches the guideline value of C.S.I. church Road.

• Devi Nagar: Rs 3,960 per sq.ft (2024)
• Chinna Porur Vallallar Street: Rs 4,290 per sq.ft (2024)
• Chinna Porur Nehru Street: Rs 4,290 per sq.ft (2024)
• Chinna Porur Mariamman Koil Street: Rs 4,290 per sq.ft (2024)
• Chinna Porur Hospital Road lane: Rs 4,290 per sq.ft (2024)
• Chinna Porur Hospital Road: Rs 4,290 per sq.ft (2024)

Stamp duty and registration fee for property in C.S.I. church Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,960 per sq.ft, the total guideline value would be Rs 39,60,000. The stamp duty at 7% would amount to Rs 2,77,200, and the registration fee at 2% would be Rs 79,200, resulting in a total of Rs 3,56,400. 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 accurate calculations.

Which Sub Registrar Office covers C.S.I. church Road?

The C.S.I. church Road falls under 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 Porur

The guideline value is a critical factor in the registration process when buying or selling property in Porur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of C.S.I. church Road?

The current guideline value of C.S.I. church Road is Rs 3,960 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,600 per sq.ft in 2023 to Rs 3,960 per sq.ft in 2024. It was Rs 2,412 per sq.ft in 2017, and Rs 3,600 per sq.ft in 2012.

What is the land classification for C.S.I. church Road?

C.S.I. church Road is classified as Residential Special Type - I.

Where can I find the registration office for C.S.I. church Road?

The registration office covering C.S.I. church Road 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 C.S.I. church Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 39,60,000, the stamp duty would be Rs 2,77,200 at 7%.