Guideline Value

Corporate

Guideline Value for Kanniappan Nagar Balathandayutham Street

₹1550/sq.ft.

The guideline value for Kanniappan Nagar Balathandayutham Street in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /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 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 Kanniappan Nagar Balathandayutham Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kanniappan Nagar Balathandayutham Street guideline value

The current guideline value of Kanniappan Nagar Balathandayutham Street is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village, under the Kunrathur SRO, and is classified as Residential Special Type - II.

How the guideline value of Kanniappan Nagar Balathandayutham Street has changed

Over the years, the guideline value for Kanniappan Nagar Balathandayutham Street has seen several revisions. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then decreased to Rs 938 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,400 per sq.ft in 2023, and currently stands at Rs 1,550 per sq.ft as of the 2024 revision, marking an increase of 11% from the previous year.

In summary, from the 2012 revision to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the revisions in 2002, 2003, and 2007.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value is Rs 1,550 per sq.ft, which is the same as the 2024 guideline value for Kanniappan Nagar Balathandayutham Street.

Stamp duty and registration fee for property in Kanniappan Nagar Balathandayutham Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total to Rs 1,39,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

To calculate your own fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kanniappan Nagar Balathandayutham Street?

The Kanniappan Nagar Balathandayutham Street is covered by 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 Thirunageswaram

The guideline value is a critical factor during the registration of property transactions in Thirunageswaram. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the duty is charged on the higher of the two. 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 Kanniappan Nagar Balathandayutham Street?

The current guideline value of Kanniappan Nagar Balathandayutham Street is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then increased to Rs 1,400 per sq.ft in 2023, and is now Rs 1,550 per sq.ft in 2024.

What are the other streets in Thirunageswaram with the same guideline value?

Other streets in Thirunageswaram that share the same guideline value of Rs 1,550 per sq.ft in 2024 include Kanniappan Nagar Bharathi Street, Kanniappan Nagar Jeeva Street, Kanniappan Nagar M.G.R. Salai, Kanniappan Nagar Murugesan Street, Kanniappan Nagar Thiruvalluvar Street, and Kanniappan Nagar T.V.K. Street.

What is the registration fee for a property in Kanniappan Nagar Balathandayutham Street?

The registration fee for a property is calculated at 2% of the guideline value. For a property valued at Rs 15,50,000, the registration fee would be Rs 31,000.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles property registrations for Kanniappan Nagar Balathandayutham Street.