Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for G.K.M. Colony 29th Street Sivaji Street

₹5500/sq.ft.

The guideline value for G.k.m. Colony 29th Street Sivaji Street in Konnur village (Konnur SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Konnur

Village

Konnur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹437 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹403 /sq.ft.
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 G.k.m. Colony 29th Street Sivaji Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

G.K.M. Colony 29th Street Sivaji Street guideline value

The current guideline value of G.K.M. Colony 29th Street Sivaji Street is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Konnur village, under the Konnur SRO, and is classified as Residential Class I Type - I.

How the guideline value of G.K.M. Colony 29th Street Sivaji Street has changed

The guideline value for G.K.M. Colony 29th Street Sivaji Street has undergone several revisions over the years. Starting with the 2002 revision, the value was Rs 403 per sq.ft. This increased to Rs 437 per sq.ft in 2003, marking a change of +8%. The value then saw a significant rise to Rs 1,200 per sq.ft in 2007, which was an increase of +175%. In 2012, the value was Rs 5,000 per sq.ft, reflecting a notable increase of +317%. However, it decreased to Rs 3,350 per sq.ft in 2017, a change of -33%. The next revision in 2023 set the value at Rs 5,000 per sq.ft, increasing by +49% from the previous figure. The most recent revision in 2024 has set the guideline value at Rs 5,500 per sq.ft, which is a +10% increase from 2023.

There are no figures available for any revisions prior to 2002 or for years not listed in the register. Overall, from 2002 to 2024, the guideline value has increased by +1265%.

Guideline values in Konnur

In Konnur, there are 249 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 7,100 per sq.ft, with a median value of Rs 3,800 per sq.ft. The guideline value of G.K.M. Colony 29th Street Sivaji Street is above this median.

Stamp duty and registration fee for property in G.K.M. Colony 29th Street Sivaji Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value would be Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, totaling Rs 4,95,000. 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 G.K.M. Colony 29th Street Sivaji Street?

The G.K.M. Colony 29th Street Sivaji Street is covered by the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions in Konnur. It serves as a reference point for determining the stamp duty and registration fees applicable during the sale or purchase of property. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements.

When a property is registered, the guideline value is used to calculate the applicable duties. This ensures that the government receives the appropriate fees based on the established values for properties in the area.

Frequently asked questions

What is the current guideline value of G.K.M. Colony 29th Street Sivaji Street?

The current guideline value of G.K.M. Colony 29th Street Sivaji Street is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 403 per sq.ft in 2002 to Rs 5,500 per sq.ft in 2024, reflecting a total increase of +1265% over the years.

What is the land classification for G.K.M. Colony 29th Street Sivaji Street?

The land classification for G.K.M. Colony 29th Street Sivaji Street is Residential Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering G.K.M. Colony 29th Street Sivaji Street is located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in Konnur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 55,00,000 would incur a stamp duty of Rs 3,85,000 at the rate of 7%.