Guideline Value for Chinna Porur Hospital Cross Street
₹4290/sq.ft.
The guideline value for Chinna Porur Hospital Cross Street in Porur village (Kunrathur SRO, Chennai zone) is Rs 4290 per sq.ft, effective 1 July 2024. It was Rs 3900 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Porur
Village
Kunrathur
SRO
Mixed Special Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹4290 /sq.ft. |
| From 1-4-2023 | ₹3900 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2613 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹3900 /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 Chinna Porur Hospital Cross Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Kunrathur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Chinna Porur Hospital Cross Street guideline value
The current guideline value of Chinna Porur Hospital Cross Street is Rs 4,290 per sq.ft, effective from 1 July 2024. This street is located in Porur village under the Kunrathur SRO, classified as Mixed Special Type - II.
How the guideline value of Chinna Porur Hospital Cross Street has changed
Over the years, the guideline value for Chinna Porur Hospital Cross Street has seen several revisions. The earliest recorded figure is from 2012, which was Rs 3,900 per sq.ft. In 2017, this value decreased to Rs 2,613 per sq.ft, followed by an increase to Rs 3,900 per sq.ft in 2023. The most recent revision in 2024 set the guideline value at Rs 4,290 per sq.ft, marking a 10% increase from the previous year.
From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased significantly by 49%. Overall, from 2012 to 2024, 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 have a 2024 guideline value ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median value for these streets is Rs 3,960 per sq.ft, placing the guideline value of Chinna Porur Hospital Cross Street above this median.
- Chinna Porur Gandhi Street: Rs 4,290 per sq.ft (2024)
- Chinna Porur Hospital Road: Rs 4,290 per sq.ft (2024)
- Chinna Porur Bajanai Koil Street: Rs 4,290 per sq.ft (2024)
- Chinna Porur Hospital Road lane: Rs 4,290 per sq.ft (2024)
- Chinna Porur Mariamman Koil Street: Rs 4,290 per sq.ft (2024)
- Chinna Porur Nehru Street: Rs 4,290 per sq.ft (2024)
Stamp duty and registration fee for property in Chinna Porur Hospital Cross Street
For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 42,90,000. The stamp duty at 7% would be Rs 3,00,300, and the registration fee at 2% would be Rs 85,800, bringing the total to Rs 3,86,100. Note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.
Which Sub Registrar Office covers Chinna Porur Hospital Cross Street?
The Sub Registrar Office that covers Chinna Porur Hospital Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Porur
The guideline value is a crucial factor in property transactions in Porur, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value helps in calculating the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.
During the registration process, the guideline value serves as a benchmark for the sale price. If the sale price is higher than the guideline value, the stamp duty is calculated based on the sale price, ensuring that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Chinna Porur Hospital Cross Street?
The current guideline value of Chinna Porur Hospital Cross Street is Rs 4,290 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 3,900 per sq.ft in 2012 to Rs 2,613 per sq.ft in 2017, then back to Rs 3,900 per sq.ft in 2023, and finally to Rs 4,290 per sq.ft in 2024.
What is the land classification for Chinna Porur Hospital Cross Street?
The land classification for Chinna Porur Hospital Cross Street is Mixed Special Type - II.
What is the registration office for this area?
The registration office for Chinna Porur Hospital Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.
How is stamp duty calculated for property transactions?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 42,90,000, the stamp duty would be calculated at 7% of that amount.
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