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Guideline Value

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Guideline Value for Jaganathapuram Sekkizhar Nagar 3rd Street

₹1430/sq.ft.

The guideline value for Jaganathapuram Sekkizhar Nagar 3rd Street in Kunrathour-a 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-a

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 Sekkizhar Nagar 3rd Street

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Jaganathapuram Sekkizhar Nagar 3rd Street guideline value

The current guideline value for Jaganathapuram Sekkizhar Nagar 3rd Street is Rs 1,430 per sq.ft. This street is located in Kunrathour-A village, under the Kunrathur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Jaganathapuram Sekkizhar Nagar 3rd Street has changed

The guideline value for Jaganathapuram Sekkizhar Nagar 3rd Street has seen several revisions over the years. The 2017 revision set the value at Rs 871 per sq.ft, which increased to Rs 1,300 per sq.ft in the 2023 revision. The latest revision in 2024 raised the guideline value to Rs 1,430 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no recorded figures for Jaganathapuram Sekkizhar Nagar 3rd Street for the years 2002, 2003, 2007, and 2012. The significant changes between revisions include a 49% rise from 2017 to 2023 and a 10% rise from 2023 to 2024.

Guideline values in Kunrathour-A

In Kunrathour-A, there are 45 streets that have a 2024 guideline value ranging from Rs 1,210 to Rs 5,123 per sq.ft. The median guideline value for these streets is Rs 1,760 per sq.ft, placing Jaganathapuram Sekkizhar Nagar 3rd Street below this median.

Stamp duty and registration fee for property in Jaganathapuram Sekkizhar Nagar 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 fees to Rs 1,28,700. Please 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 Jaganathapuram Sekkizhar Nagar 3rd Street?

The Sub Registrar Office that covers Jaganathapuram Sekkizhar Nagar 3rd Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kunrathour-A

The guideline value is a crucial factor when registering property in Kunrathour-A. It is used to determine the stamp duty and registration fees applicable on the property transaction, ensuring that the fees are calculated based on a standardized value set by the government.

When buying or selling property, it is essential to understand that the guideline value serves as a benchmark for the transaction. It helps in ensuring transparency and fairness in property dealings, as the fees are calculated based on the established guideline value or the sale price, whichever is higher.

Frequently asked questions

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

The current guideline value of Jaganathapuram Sekkizhar Nagar 3rd Street is Rs 1,430 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 871 per sq.ft to Rs 1,430 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What is the land classification for Jaganathapuram Sekkizhar Nagar 3rd Street?

The land classification for Jaganathapuram Sekkizhar Nagar 3rd Street is Residential Special Type - II, indicating its suitability for residential development.

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

For a property valued at the current guideline value of Rs 14,30,000, the stamp duty would be Rs 1,00,100, and the registration fee would be Rs 28,600, totaling Rs 1,28,700.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069, and it is responsible for property registrations in this area.