Guideline Value

Corporate

Guideline Value for Kanaga Durga Nagar

₹1540/sq.ft.

The guideline value for Kanaga Durga Nagar 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 ₹300 /sq.ft.
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 Kanaga Durga Nagar

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Kanaga Durga Nagar guideline value

The current guideline value of Kanaga Durga Nagar is Rs 1,540 per sq.ft, effective from 1 July 2024. This area is located in Thiruverkadu village under the Kunrathur SRO and is classified as Residential Class I Type - I.

How the guideline value of Kanaga Durga Nagar has changed

Over the years, the guideline value of Kanaga Durga Nagar has seen significant changes. The 2007 revision set the value at Rs 300 per sq.ft, which increased dramatically to Rs 1,400 per sq.ft in 2012, marking a rise of 367%. However, this value dropped to Rs 938 per sq.ft in 2017, a decrease of 33%. The 2023 revision brought the value up to Rs 1,400 per sq.ft, and the latest revision in 2024 has set it at Rs 1,540 per sq.ft, reflecting a 10% increase.

There are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 413%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft, with a median value of Rs 1,540 per sq.ft. The guideline value of Kanaga Durga Nagar matches this median.

Stamp duty and registration fee for property in Kanaga Durga Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, totaling Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kanaga Durga Nagar?

The Sub Registrar Office that covers Kanaga Durga Nagar 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 Thiruverkadu

The guideline value is a crucial factor when buying or selling property in Thiruverkadu. It is used to determine the stamp duty and registration fees that need to be paid during the property registration process. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authorities will charge the buyer based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kanaga Durga Nagar?

The current guideline value of Kanaga Durga Nagar 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 significantly, from Rs 300 per sq.ft in 2007 to Rs 1,540 per sq.ft in 2024, marking an overall increase of 413%.

What is the registration office for Kanaga Durga Nagar?

The registration office for Kanaga Durga Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Kanaga Durga Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 15,40,000, the stamp duty would be Rs 1,07,800 at 7%.

Are there other streets in Thiruverkadu with the same guideline value?

Yes, several other streets in Thiruverkadu have the same guideline value of Rs 1,540 per sq.ft, including Kanakadhurga Nagar 1st, 2nd, and 3rd Cross Streets, Kanakadhurga Nagar Main Road, Kamatchipuram, and Karpagambal Nagar.