Guideline Value

Corporate

Guideline Value for Kurunji Nagar 1st Main Road

₹440/sq.ft.

The guideline value for Kurunji Nagar 1st Main Road in Agaramthen village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Agaramthen

Village

Tambaram Joint 1

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kurunji Nagar 1st Main Road

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Kurunji Nagar 1st Main Road guideline value

The current guideline value of Kurunji Nagar 1st Main Road is Rs 440 per sq.ft, effective from 1 July 2024. This road is located in Agaramthen village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kurunji Nagar 1st Main Road has changed

Over the years, the guideline value for Kurunji Nagar 1st Main Road has seen several revisions. The earliest available figure is from 2012, where the guideline value was Rs 400 per sq.ft. In 2017, it decreased to Rs 268 per sq.ft, a decline of 33%. The value then increased significantly to Rs 400 per sq.ft in the 2023 revision, and further rose to Rs 440 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2012 to 2024, the overall change in the guideline value is an increase of 10%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Agaramthen

Agaramthen village has 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median value for these streets is Rs 830 per sq.ft, making the current guideline value of Kurunji Nagar 1st Main Road below that median.

Stamp duty and registration fee for property in Kurunji Nagar 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, while the registration fee at 2% would be Rs 8,800, bringing the total charges to Rs 39,600. 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 Kurunji Nagar 1st Main Road?

The Sub Registrar Office covering Kurunji Nagar 1st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Agaramthen. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is used to calculate the necessary fees, ensuring that both parties are aware of the financial implications of the transaction. This value must be adhered to for the registration to be valid.

Frequently asked questions

What is the current guideline value of Kurunji Nagar 1st Main Road?

The current guideline value of Kurunji Nagar 1st Main Road is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then increased to Rs 400 per sq.ft in 2023, and finally to Rs 440 per sq.ft in 2024.

What is the land classification for Kurunji Nagar 1st Main Road?

The land classification for Kurunji Nagar 1st Main Road is Residential Class II Type - I.

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

Other streets in Agaramthen with the same guideline value of Rs 440 per sq.ft include Kurunji Nagar 1st Street, Kurunji Nagar 2nd Main Road, Kurunji Nagar 2nd Street, Kurunji Nagar 3rd Main Road, Kurunji Nagar 3rd Street, and Kurunji Nagar 4th Street.

Where is the Sub Registrar Office for Kurunji Nagar 1st Main Road located?

The Sub Registrar Office for Kurunji Nagar 1st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.