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Guideline Value for Kundrathur to Sriperumbuthur Road

₹2900/sq.ft.

The guideline value for Kundrathur To Sriperumbuthur Road in Sirukalathur village (Kunrathur SRO, Chennai zone) is Rs 2900 per sq.ft, effective 1 July 2024. It was Rs 2627 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sirukalathur

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2900 /sq.ft.
From 1-4-2023 ₹2627 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1760 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Kundrathur To Sriperumbuthur Road

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Kundrathur to Sriperumbuthur Road guideline value

The current guideline value for Kundrathur to Sriperumbuthur Road is Rs 2,900 per sq.ft, effective from 1 July 2024. This road is located in Sirukalathur village, under the Kunrathur SRO, and is classified as Residential Special Type - II.

How the guideline value of Kundrathur to Sriperumbuthur Road has changed

The guideline value for this road has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,760 per sq.ft, which increased to Rs 2,627 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 has further raised this value to Rs 2,900 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 65%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sirukalathur

There are 32 streets in Sirukalathur under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 450 to Rs 2,970 per sq.ft. The median value for these streets is Rs 550 per sq.ft, and the guideline value for Kundrathur to Sriperumbuthur Road is above this median.

Stamp duty and registration fee for property in Kundrathur to Sriperumbuthur Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,900 per sq.ft, the total guideline value amounts to Rs 29,00,000. The stamp duty at 7% would be Rs 2,03,000, and the registration fee at 2% would be Rs 58,000, totaling Rs 2,61,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information on fees applicable to your property transaction.

Which Sub Registrar Office covers Kundrathur to Sriperumbuthur Road?

The Kundrathur to Sriperumbuthur Road falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, within the Chennai registration zone. To find your specific SRO, you can find your SRO.

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

The guideline value is a crucial factor in property transactions, serving as a reference point for determining the minimum value at which a property can be registered. When buying or selling property in Sirukalathur, the guideline value helps in calculating the stamp duty and registration fees that are applicable during the registration process.

Additionally, it ensures transparency in property transactions by providing a standardized value that reflects the market conditions. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value for Kundrathur to Sriperumbuthur Road?

The current guideline value for Kundrathur to Sriperumbuthur Road is Rs 2,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,760 per sq.ft in 2017 to Rs 2,900 per sq.ft in 2024, reflecting a total increase of 65% over this period.

What is the land classification for this area?

The land classification for Kundrathur to Sriperumbuthur Road is Residential Special Type - II.

Where can I find the registration office for this property?

The registration office for Kundrathur to Sriperumbuthur Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in this area?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 29,00,000, the stamp duty at 7% would amount to Rs 2,03,000.