Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Kanniappan Nagar T.V.K. Street

₹1550/sq.ft.

The guideline value for Kanniappan Nagar T.v.k. 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 T.v.k. 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 T.V.K. Street guideline value

The current guideline value for Kanniappan Nagar T.V.K. 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 T.V.K. Street has changed

The guideline value for Kanniappan Nagar T.V.K. Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which then decreased to Rs 938 per sq.ft in the 2017 revision, marking a decline of 33%. Following this, the value rose significantly to Rs 1,400 per sq.ft in 2023, and then to the current value of Rs 1,550 per sq.ft in 2024, reflecting an increase of 11% from the previous year.

There are no registered figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Thirunageswaram

Thirunageswaram has a total of 105 streets under the Kunrathur SRO carrying a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft, with a median value of Rs 1,550 per sq.ft. Kanniappan Nagar T.V.K. Street's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Kanniappan Nagar T.V.K. Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty at 7% would amount to Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total fees together 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.

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

Which Sub Registrar Office covers Kanniappan Nagar T.V.K. Street?

The Kanniappan Nagar T.V.K. Street falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Thirunageswaram, as it determines the minimum value at which properties can be registered. Buyers and sellers must be aware that the guideline value is used to calculate stamp duty and registration fees, which are mandatory during property transactions.

When purchasing or selling property, it is essential to consider the guideline value as it can affect the overall cost of the transaction. It is advisable to consult with a legal expert or real estate professional to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kanniappan Nagar T.V.K. Street?

The current guideline value of Kanniappan Nagar T.V.K. 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 2023 to Rs 1,550 per sq.ft in 2024, which is an increase of 11%. It was Rs 938 per sq.ft in 2017, showing a significant rise since then.

What is the land classification for Kanniappan Nagar T.V.K. Street?

Kanniappan Nagar T.V.K. Street is classified as Residential Special Type - II under the local land regulations.

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

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 1,39,500 in fees based on the current guideline value.

Which office handles registrations for Kanniappan Nagar T.V.K. Street?

The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, handles registrations for Kanniappan Nagar T.V.K. Street.