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Guideline Value

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Guideline Value for G.K.M. Colony 37th Jambulingam Street.

₹5500/sq.ft.

The guideline value for G.k.m. Colony 37th Jambulingam 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 ₹800 /sq.ft.
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)

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 37th Jambulingam Street.

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G.K.M. Colony 37th Jambulingam Street. guideline value

The current guideline value for G.K.M. Colony 37th Jambulingam Street. is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Konnur village and falls under the Konnur SRO with a land classification of Residential Class I Type - I.

How the guideline value of G.K.M. Colony 37th Jambulingam Street. has changed

The guideline value for G.K.M. Colony 37th Jambulingam Street. has seen several revisions over the years. Starting from the 2007 revision, the value was Rs 800 per sq.ft. It increased significantly to Rs 5,000 per sq.ft in 2012, marking a 525% rise. However, it then decreased to Rs 3,350 per sq.ft in 2017, a drop of 33%. The value further increased to Rs 5,000 per sq.ft in 2023, and then to the current Rs 5,500 per sq.ft in the 2024 revision, reflecting a 10% increase.

Notably, the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 588%.

Guideline values in Konnur

Konnur village has 249 streets under the Konnur SRO, with guideline values ranging from Rs 2,750 to Rs 7,100 per sq.ft in 2024. The median guideline value in Konnur is Rs 3,800 per sq.ft, placing G.K.M. Colony 37th Jambulingam Street. above this median.

Stamp duty and registration fee for property in G.K.M. Colony 37th Jambulingam Street.

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value amounts to 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, bringing the total fees to Rs 4,95,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers G.K.M. Colony 37th Jambulingam Street.?

The Sub Registrar Office covering G.K.M. Colony 37th Jambulingam Street. is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Konnur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for G.K.M. Colony 37th Jambulingam Street.?

The current guideline value for G.K.M. Colony 37th Jambulingam 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 800 per sq.ft in 2007 to Rs 5,500 per sq.ft in 2024, reflecting an overall increase of 588% over the years.

What are the other streets in Konnur with the same guideline value?

Several other streets in Konnur also have a guideline value of Rs 5,500 per sq.ft in 2024, including G.K.M. Colony 36th Street Jayprakash Street, G.K.M. Colony 37th Punitha Anthoniyar Street, and more.

Where can I find the Sub Registrar Office for G.K.M. Colony 37th Jambulingam Street.?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, and it covers G.K.M. Colony 37th Jambulingam Street.

How is stamp duty calculated for properties in Konnur?

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