Guideline Value

Corporate

Guideline Value for Chendurpuram Main Road

₹3960/sq.ft.

The guideline value for Chendurpuram Main Road in Kattupakkam village (Kunrathur SRO, Chennai zone) is Rs 3960 per sq.ft, effective 1 July 2024. It was Rs 3600 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kattupakkam

Village

Kunrathur

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3960 /sq.ft.
From 1-4-2023 ₹3600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2412 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3600 /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 Chendurpuram Main Road

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Chendurpuram Main Road guideline value

The current guideline value of Chendurpuram Main Road is Rs 3,960 per sq.ft, effective from 1 July 2024. This road is located in Kattupakkam village, under the jurisdiction of the Kunrathur SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Chendurpuram Main Road has changed

The guideline value for Chendurpuram Main Road has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 3,600 per sq.ft. This was followed by a decrease to Rs 2,412 per sq.ft in 2017. The value then increased significantly to Rs 3,600 per sq.ft in 2023, and finally, it rose to Rs 3,960 per sq.ft in the 2024 revision. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 49%. The most recent change from 2023 to 2024 reflects a 10% increase, resulting in an overall increase of 10% from 2012 to 2024.

Guideline values in Kattupakkam

Kattupakkam village has a total of 75 streets under the Kunrathur SRO, with guideline values ranging from Rs 1,980 to Rs 4,290 per sq.ft as of 2024. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Chendurpuram Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in Chendurpuram Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,960 per sq.ft, the total guideline value amounts to Rs 39,60,000. The stamp duty at 7% would be Rs 2,77,200, while the registration fee at 2% would be Rs 79,200. Together, the total cost for these fees would be Rs 3,56,400. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Chendurpuram Main Road?

The Sub Registrar Office that covers Chendurpuram Main Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Kattupakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. The guideline value is referenced during the registration process to ensure that the appropriate fees are collected based on the official value of the property.

When a buyer or seller engages in a transaction, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Chendurpuram Main Road?

The current guideline value of Chendurpuram Main 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 2012 to Rs 2,412 per sq.ft in 2017, then to Rs 3,600 per sq.ft in 2023, and finally to Rs 3,960 per sq.ft in 2024. There are no recorded figures for the years 2002, 2003, and 2007 for this street.

What are the stamp duty and registration fees for properties in Chendurpuram Main Road?

For a property valued at Rs 39,60,000, the stamp duty would be Rs 2,77,200, and the registration fee would be Rs 79,200, totaling Rs 3,56,400. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles registrations for Chendurpuram Main Road?

The Kunrathur Sub Registrar Office handles registrations for Chendurpuram Main Road. It is located at No.59, Road Street, Kundrathur, Chennai -600 069.

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

The guideline value is significant as it determines the minimum value for property registration, ensuring that the appropriate stamp duty and registration fees are collected. It provides a standardized value reference for buyers and sellers in Kattupakkam.