Guideline Value

Corporate

Guideline Value for DR KOUSHIK ENCLAVE

₹1480/sq.ft.

The guideline value for Dr Koushik Enclave in Mepur village (Kunrathur SRO, Chennai zone) is Rs 1480 per sq.ft, effective 1 July 2024. It was Rs 1344 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mepur

Village

Kunrathur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1480 /sq.ft.
From 1-4-2023 ₹1344 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹900 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Dr Koushik Enclave

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Dr Koushik Enclave guideline value

The current guideline value of Dr Koushik Enclave is Rs 1,480 per sq.ft, effective from 1 July 2024. This property is located in Mepur village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Dr Koushik Enclave has changed

The guideline value for Dr Koushik Enclave has undergone several revisions over the years. The earliest registered figure is from 2017, which was Rs 900 per sq.ft. This increased to Rs 1,344 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 shows a further increase to Rs 1,480 per sq.ft, reflecting a 10% change from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Mepur

In Mepur, there are 22 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 2,955 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Dr Koushik Enclave's 2024 figure above this median.

Stamp duty and registration fee for property in Dr Koushik Enclave

For a 1,000 sq.ft plot at the current rate of Rs 1,480 per sq.ft, the guideline value amounts to Rs 14,80,000. The stamp duty at 7% would be Rs 1,03,600, and the registration fee at 2% would be Rs 29,600, totaling Rs 1,33,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dr Koushik Enclave?

The Sub Registrar Office that covers Dr Koushik Enclave 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 Mepur

The guideline value is a crucial factor when buying or selling property in Mepur. It serves as a benchmark for determining the stamp duty and registration fees applicable during property transactions. Buyers and sellers should be aware that the guideline value may influence the overall cost of the transaction.

When registering a property, the guideline value is used to calculate the applicable duties and fees. It is essential for buyers to understand this value to ensure they are prepared for the financial obligations associated with the purchase.

Frequently asked questions

What is the current guideline value of Dr Koushik Enclave?

The current guideline value of Dr Koushik Enclave is Rs 1,480 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2017 to Rs 1,344 per sq.ft in 2023, and then to Rs 1,480 per sq.ft in 2024. This represents a 64% increase from 2017 to 2024.

What are the other streets in Mepur and their guideline values?

Other streets in Mepur include Chozhan Nagar, Gangai Amman Koil Street, Golden City, Andalkuppam (Pillayar Koil St), Kasthuri Sriram Nagar, and Madheena Garden, with guideline values ranging from Rs 770 to Rs 820 per sq.ft in 2024.

What fees are associated with buying property in Dr Koushik Enclave?

When buying property in Dr Koushik Enclave, buyers should consider the stamp duty, which is 7% of the guideline value, and the registration fee, which is 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Dr Koushik Enclave?

The Sub Registrar Office for Dr Koushik Enclave is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles the registration of property transactions in the area.