Guideline Value

Corporate

Guideline Value for Kunkumam Nagar 4th Street

₹3960/sq.ft.

The guideline value for Kunkumam Nagar 4th Street in Porur village (Kunrathur SRO, Chennai zone) is Rs 3960 per sq.ft, effective 1 July 2024. It was Rs 3600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Porur

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3960 /sq.ft.
From 1-4-2023 ₹3600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2412 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3600 /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 Kunkumam Nagar 4th Street

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Kunkumam Nagar 4th Street guideline value

The current guideline value of Kunkumam Nagar 4th Street is Rs 3,960 per sq.ft, effective from 1 July 2024. This street is located in Porur village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Kunkumam Nagar 4th Street has changed

The guideline value for Kunkumam Nagar 4th Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 3,960 per sq.ft, which is an increase of 10% from Rs 3,600 per sq.ft in the 2023 revision. Prior to that, the value was Rs 2,412 per sq.ft in 2017, reflecting a significant increase of 49% from that year to 2023.

In earlier revisions, the guideline value was Rs 3,600 per sq.ft in 2012, which was a decrease of 33% from the previous figure in 2017. The register does not contain figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Porur

In Porur village, there are 530 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median guideline value for these streets is Rs 3,960 per sq.ft, which aligns with the 2024 figure for Kunkumam Nagar 4th Street.

Stamp duty and registration fee for property in Kunkumam Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,960 per sq.ft, the total guideline value amounts to Rs 39,60,000. The stamp duty at 7% would be Rs 2,77,200, and the registration fee at 2% would be Rs 79,200, leading to a total of Rs 3,56,400. Please note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kunkumam Nagar 4th Street?

The Kunkumam Nagar 4th Street falls under the Kunrathur Sub Registrar Office located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Porur. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable at the time of property registration.

When buying or selling property, it is essential to be aware of the current guideline value, as it impacts the overall cost and legal obligations involved in the transaction. Buyers should ensure that they are informed about the guideline values applicable to the property they are interested in.

Frequently asked questions

What is the current guideline value of Kunkumam Nagar 4th Street?

The current guideline value of Kunkumam Nagar 4th Street is Rs 3,960 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,412 per sq.ft in 2017 to Rs 3,600 per sq.ft in 2023, and then to Rs 3,960 per sq.ft in 2024, reflecting significant changes over the years.

What is the land classification for Kunkumam Nagar 4th Street?

Kunkumam Nagar 4th Street is classified as Residential Special Type - I, indicating its designated use for residential purposes.

Where can I find the registration office for Kunkumam Nagar 4th Street?

The registration office for Kunkumam Nagar 4th 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 Kunkumam Nagar 4th Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 39,60,000, the stamp duty would be Rs 2,77,200 at 7%.