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Guideline Value

Corporate

Guideline Value for KUNDRATHUR NEW TOWN PHASE - III

₹4180/sq.ft.

The guideline value for Kundrathur New Town Phase - Iii in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 4180 per sq.ft, effective 1 July 2024. The land classification is Residential Class V Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Class V Type - II
History
Period Guideline Value
From 1-7-2024 ₹4180 /sq.ft.
From 1-4-2023 ₹4180 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Kundrathur New Town Phase - Iii

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Kundrathur New Town Phase - III guideline value

The current guideline value of Kundrathur New Town Phase - III is Rs 4,180 per sq.ft, effective from 1 July 2024. This property is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Class V Type - II.

How the guideline value of Kundrathur New Town Phase - III has changed

In the 2023 revision, the guideline value for Kundrathur New Town Phase - III was Rs 4,180 per sq.ft. The 2024 revision also maintains this figure, indicating no change from the previous year. The register has no figures for this street in the years 2017, 2012, 2007, 2003, and 2002.

From 2023 to 2024, there was a change of +0%. Thus, the guideline value has remained consistent over these two years, reflecting stability in this particular area.

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, with a median value of Rs 1,540 per sq.ft. The guideline value for Kundrathur New Town Phase - III is above this median.

Stamp duty and registration fee for property in Kundrathur New Town Phase - III

For a 1,000 sq.ft plot at the current rate of Rs 4,180 per sq.ft, the guideline value amounts to Rs 41,80,000. The stamp duty at 7% would be Rs 2,92,600, and the registration fee at 2% would be Rs 83,600, totaling Rs 3,76,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kundrathur New Town Phase - III?

The Sub Registrar Office covering Kundrathur New Town Phase - III is 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 plays a crucial role during property registration in Kunrathour-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions based on the established guideline value.

Frequently asked questions

What is the current guideline value of Kundrathur New Town Phase - III?

The current guideline value of Kundrathur New Town Phase - III is Rs 4,180 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

In the 2023 revision, the guideline value was Rs 4,180 per sq.ft, which remained unchanged in the 2024 revision. The register has no figures for this street in the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Kundrathur New Town Phase - III?

Kundrathur New Town Phase - III is classified as Residential Class V Type - II. This classification is important for determining the applicable guidelines and regulations for property development in the area.

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 total stamp duty and registration fees would amount to Rs 3,76,200. This includes a stamp duty of Rs 2,92,600 and a registration fee of Rs 83,600.

Where can I find the Sub Registrar Office for Kundrathur New Town Phase - III?

The Sub Registrar Office for Kundrathur New Town Phase - III is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles all registration processes for properties in the area.