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Guideline Value

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Guideline Value for Kanniappan Nagar V.O.C. Chidambaranar Street

₹1550/sq.ft.

The guideline value for Kanniappan Nagar V.o.c. Chidambaranar 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 V.o.c. Chidambaranar Street

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Kanniappan Nagar V.O.C. Chidambaranar Street guideline value

The current guideline value of Kanniappan Nagar V.O.C. Chidambaranar 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 V.O.C. Chidambaranar Street has changed

The guideline value for Kanniappan Nagar V.O.C. Chidambaranar Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in the 2017 revision, marking a decrease of 33%. Following this, the 2023 revision increased the value to Rs 1,400 per sq.ft, and the latest 2024 revision has raised it further to Rs 1,550 per sq.ft, reflecting an increase of 11% from the previous year.

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

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO with 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 current guideline value for Kanniappan Nagar V.O.C. Chidambaranar Street.

Stamp duty and registration fee for property in Kanniappan Nagar V.O.C. Chidambaranar 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. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kanniappan Nagar V.O.C. Chidambaranar Street?

The Kanniappan Nagar V.O.C. Chidambaranar Street is covered by the Kunrathur Sub Registrar Office located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thirunageswaram. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the stamp duty is calculated based on the higher of the guideline value or 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 for Kanniappan Nagar V.O.C. Chidambaranar Street?

The current guideline value for Kanniappan Nagar V.O.C. Chidambaranar 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, an increase of 11%. It decreased from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, and then increased back to Rs 1,400 per sq.ft in 2023.

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

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

Where can I find the registration office for Kanniappan Nagar V.O.C. Chidambaranar Street?

The registration office for Kanniappan Nagar V.O.C. Chidambaranar Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Thirunageswaram?

Stamp duty for properties in Thirunageswaram is calculated based on the higher of the guideline value or the sale price. The current rate for stamp duty is 7%, while the registration fee is 2% of the guideline value or sale price.