Guideline Value

Corporate

Guideline Value for Kennady Square South Main Road

₹3800/sq.ft.

The guideline value for Kennady Square South Main Road in Sembiam village (Sembiam SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1394 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹440 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹406 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Kennady Square South Main Road

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Kennady Square South Main Road guideline value

The current guideline value of Kennady Square South Main Road is Rs 3,800 per sq.ft, effective from 1 July 2024. This road is located in Sembiam village, under the Sembiam SRO, and is classified as Mixed Special Type - I.

How the guideline value of Kennady Square South Main Road has changed

The guideline value for Kennady Square South Main Road has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 406 per sq.ft. This increased to Rs 440 per sq.ft in 2003, marking an 8% rise. The following revisions were significant, with the value jumping to Rs 1,394 per sq.ft in 2007, a 217% increase. In 2012, the value rose to Rs 3,500 per sq.ft, reflecting a 151% increase from the previous revision. However, this value decreased to Rs 2,345 per sq.ft in 2017, a decline of 33%. The value then increased again to Rs 3,500 per sq.ft in 2023, before reaching the current rate of Rs 3,800 per sq.ft in 2024, which is a 9% increase.

There are no figures available for the revisions in years other than those listed. The overall increase from 2002 to 2024 is 836%.

Guideline values in Sembiam

In Sembiam village, there are 250 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value of Kennady Square South Main Road is above this median.

Stamp duty and registration fee for property in Kennady Square South Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, totaling Rs 3,42,000. 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 Kennady Square South Main Road?

The Sub Registrar Office that covers Kennady Square South Main Road is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Sembiam. It determines the amount of stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded at a value recognized by the government.

Frequently asked questions

What is the current guideline value of Kennady Square South Main Road?

The current guideline value of Kennady Square South Main Road is Rs 3,800 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 406 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 836%.

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

Other streets in Sembiam with the same guideline value of Rs 3,800 per sq.ft include Kennady Square North Street, Kennady Square South Street, Kennady Square North Main Road, Kennady Square West Main Road, Kennady Square Main Road, and Kennady Square West Street.

What are the stamp duty and registration fees for property in Kennady Square South Main Road?

The stamp duty is calculated at 7% on the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 3,42,000.

Where can I find the Sub Registrar Office for Kennady Square South Main Road?

The Sub Registrar Office for Kennady Square South Main Road is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011.