Guideline Value

Corporate

Guideline Value for Jaganathapuram 3rd Street

₹1430/sq.ft.

The guideline value for Jaganathapuram 3rd Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1430 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1430 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /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 Jaganathapuram 3rd Street

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Jaganathapuram 3rd Street guideline value

The current guideline value of Jaganathapuram 3rd Street is Rs 1,430 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village under the Kunrathur SRO, and it falls under the land classification of Residential Special Type - II.

How the guideline value of Jaganathapuram 3rd Street has changed

The guideline value for Jaganathapuram 3rd Street has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which set the value at Rs 871 per sq.ft. This increased to Rs 1,300 per sq.ft in the 2023 revision, marking a significant rise of 49%. The current guideline value of Rs 1,430 per sq.ft in the 2024 revision reflects a further increase of 10% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Jaganathapuram 3rd Street's 2024 figure below this median.

Stamp duty and registration fee for property in Jaganathapuram 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value amounts to Rs 14,30,000. The stamp duty at 7% would be Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, bringing the total cost for these fees to Rs 1,28,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating these fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jaganathapuram 3rd Street?

The Jaganathapuram 3rd Street falls under the jurisdiction of 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 Kunrathour-B

The guideline value is a crucial factor during the registration of property transactions in Kunrathour-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are necessary for the legal transfer of property ownership. Buyers should be aware that these fees are based on the higher value between the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Jaganathapuram 3rd Street?

The current guideline value of Jaganathapuram 3rd Street is Rs 1,430 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 871 per sq.ft in 2017 to Rs 1,430 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

What is the stamp duty rate for properties in Jaganathapuram 3rd Street?

The stamp duty rate for properties in Jaganathapuram 3rd Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value of a property, which is essential for calculating stamp duty and registration fees during property transactions.