Guideline Value

Corporate

Guideline Value for KUNDRATHOOR ROAD DOOR NO 1ST TO 19

₹2740/sq.ft.

The guideline value for Kundrathoor Road Door No 1st To 19 in Poonthamallee village (Poonamallee SRO, Chennai zone) is Rs 2740 per sq.ft, effective 1 July 2024. It was Rs 2500 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

Poonthamallee

Village

Poonamallee

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2740 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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.332 U + 9cc Malma Nagar Poonallee Chennai - 600056
044-26494966
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kundrathoor Road Door No 1st To 19

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Kundrathoor Road Door No 1st To 19 guideline value

The current guideline value for Kundrathoor Road Door No 1st To 19 is Rs 2,740 per sq.ft. This property is located in Poonthamallee village and falls under the Poonamallee SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Kundrathoor Road Door No 1st To 19 has changed

The guideline value for Kundrathoor Road Door No 1st To 19 has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which then decreased to Rs 1,675 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,500 per sq.ft, and the latest revision in 2024 raised it further to Rs 2,740 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The 2023 to 2024 revision saw a rise of 10%. Overall, when comparing the 2012 and 2024 figures, there has been a net increase of 10%.

Guideline values in Poonthamallee

Poonthamallee has a total of 257 streets under the Poonamallee SRO, with guideline values for 2024 ranging from Rs 1,980 to Rs 4,950 per sq.ft. The median guideline value in this village is Rs 2,200 per sq.ft, placing the Kundrathoor Road Door No 1st To 19 value above this median.

Stamp duty and registration fee for property in Kundrathoor Road Door No 1st To 19

For a 1,000 sq.ft plot at the current guideline value of Rs 2,740 per sq.ft, the total guideline value would be Rs 27,40,000. The stamp duty at 7% would amount to Rs 1,91,800, while the registration fee at 2% would be Rs 54,800. Together, these fees would total Rs 2,46,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Kundrathoor Road Door No 1st To 19?

The Sub Registrar Office that covers Kundrathoor Road Door No 1st To 19 is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process for property transactions in Poonthamallee. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. This ensures that the transaction is recorded at a value that reflects the current market conditions set by the government.

When buying or selling property, it is essential to be aware of the guideline value, as it can affect the overall costs involved in the transaction. Buyers should ensure they are informed about the current rates to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value for Kundrathoor Road Door No 1st To 19?

The current guideline value for Kundrathoor Road Door No 1st To 19 is Rs 2,740 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,740 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Kundrathoor Road Door No 1st To 19 is Residential Class I Type - I.

Where can I find the Poonamallee Sub Registrar Office?

The Poonamallee Sub Registrar Office is located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 27,40,000, the stamp duty at 7% would be Rs 1,91,800.