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

Guideline Value

Corporate

Guideline Value for Kasthuri Bai Nagar, Avenue & Extension

₹880/sq.ft.

The guideline value for Kasthuri Bai Nagar, Avenue & Extension in Sundaracholavaram village (Kunrathur SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 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

Sundaracholavaram

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Kasthuri Bai Nagar, Avenue & Extension

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

Kasthuri Bai Nagar, Avenue & Extension guideline value

The current guideline value for Kasthuri Bai Nagar, Avenue & Extension is Rs 880 per sq.ft, effective from 1 July 2024. This area is located in Sundaracholavaram village under the Kunrathur SRO and is classified as Residential Class I Type - I.

How the guideline value of Kasthuri Bai Nagar, Avenue & Extension has changed

Since the 2012 revision, the guideline value for Kasthuri Bai Nagar, Avenue & Extension has seen several changes. The 2012 revision set the value at Rs 800 per sq.ft, which was then reduced to Rs 536 per sq.ft in the 2017 revision, marking a decrease of 33%. However, this was followed by a significant increase to Rs 800 per sq.ft in the 2023 revision, and further up to Rs 880 per sq.ft in the 2024 revision, reflecting an overall increase of 10% from 2012 to 2024.

In terms of specific changes, the guideline value increased by 49% from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then rose by 10% from 2023 to 2024. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Sundaracholavaram

In Sundaracholavaram, there are 57 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 4,600 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Kasthuri Bai Nagar, Avenue & Extension is above this median.

Stamp duty and registration fee for property in Kasthuri Bai Nagar, Avenue & Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees together to Rs 79,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kasthuri Bai Nagar, Avenue & Extension?

The Sub Registrar Office that covers Kasthuri Bai Nagar, Avenue & Extension 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 Sundaracholavaram

The guideline value is a crucial factor when registering property in Sundaracholavaram. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring that the transaction is officially recorded at a value recognized by the government.

When a buyer or seller approaches the registration office, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures transparency and compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value for Kasthuri Bai Nagar, Avenue & Extension?

The current guideline value for Kasthuri Bai Nagar, Avenue & Extension is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then increased to Rs 800 per sq.ft in 2023, and finally to Rs 880 per sq.ft in 2024.

What is the stamp duty for property in Kasthuri Bai Nagar, Avenue & Extension?

The stamp duty for property in Kasthuri Bai Nagar, Avenue & Extension is calculated at 7% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this area?

The Kunrathur Sub Registrar Office covers Kasthuri Bai Nagar, Avenue & Extension, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What are the guideline values of other streets in Sundaracholavaram?

Other streets in Sundaracholavaram have varying guideline values, with rates ranging from Rs 550 to Rs 4,600 per sq.ft. For example, Kasthuri Bai Nagar - I and II both have a guideline value of Rs 880 per sq.ft in 2024.