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Guideline Value

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Guideline Value for Ganapathy Nagar to Sri Devi Nagar Link Road

₹1540/sq.ft.

The guideline value for Ganapathy Nagar To Sri Devi Nagar Link Road in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 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

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /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 Ganapathy Nagar To Sri Devi Nagar Link Road

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Ganapathy Nagar to Sri Devi Nagar Link Road guideline value

The current guideline value of Ganapathy Nagar to Sri Devi Nagar Link Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This road is located in Thiruverkadu village under the Kunrathur SRO, classified as Residential Class I Type - I.

How the guideline value of Ganapathy Nagar to Sri Devi Nagar Link Road has changed

The guideline value for this road has undergone several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was a decrease of 33% from the Rs 938 per sq.ft recorded in the 2017 revision. In the subsequent revisions, the value increased to Rs 1,400 per sq.ft in 2023 and then rose by 10% to reach Rs 1,540 per sq.ft in 2024.

Notably, there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, which aligns with the current guideline value for Ganapathy Nagar to Sri Devi Nagar Link Road.

Stamp duty and registration fee for property in Ganapathy Nagar to Sri Devi Nagar Link Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, while the registration fee at 2% would be Rs 30,800, bringing the total cost for these fees to Rs 1,38,600. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ganapathy Nagar to Sri Devi Nagar Link Road?

The Ganapathy Nagar to Sri Devi Nagar Link Road falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which properties can be registered. When buying or selling a property, the stamp duty and registration fees are calculated based on this guideline value, ensuring that the transaction is recorded accurately in the official register.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during the buying or selling process in Thiruverkadu.

Frequently asked questions

What is the current guideline value of Ganapathy Nagar to Sri Devi Nagar Link Road?

The current guideline value of Ganapathy Nagar to Sri Devi Nagar Link Road is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2023 to Rs 1,540 per sq.ft in 2024, marking a 10% increase. It was Rs 1,400 per sq.ft in 2012, decreased to Rs 938 per sq.ft in 2017, and then increased to Rs 1,400 per sq.ft in 2023.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 1,07,800 and the registration fee would be Rs 30,800, totaling Rs 1,38,600. These fees are based on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers this street?

The Kunrathur Sub Registrar Office covers Ganapathy Nagar to Sri Devi Nagar Link Road, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for this area?

The land classification for Ganapathy Nagar to Sri Devi Nagar Link Road is Residential Class I Type - I, indicating its suitability for residential development.