Guideline Value

Corporate

Guideline Value for Kurunji Nagar 3rd Main Road

₹440/sq.ft.

The guideline value for Kurunji Nagar 3rd 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 3rd Main Road

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Kurunji Nagar 3rd Main Road guideline value

The current guideline value of Kurunji Nagar 3rd Main Road is Rs 440 per sq.ft, effective from 1 July 2024. This street 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 3rd Main Road has changed

The guideline value for Kurunji Nagar 3rd Main Road has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 400 per sq.ft. This figure remained unchanged in the next revision in 2017, where it dropped to Rs 268 per sq.ft. However, the value increased significantly to Rs 400 per sq.ft in 2023, and then to Rs 440 per sq.ft in the 2024 revision.

From 2017 to 2023, there was a notable increase of 49%. The change from 2023 to 2024 shows an increase of 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Agaramthen

Agaramthen village has a total of 125 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value in this area is Rs 830 per sq.ft, which means that Kurunji Nagar 3rd Main Road's current figure is below that median.

Stamp duty and registration fee for property in Kurunji Nagar 3rd Main Road

For a 1,000 sq.ft plot at the current rate of Rs 440 per sq.ft, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, making the total Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kurunji Nagar 3rd Main Road?

The Sub Registrar Office that covers Kurunji Nagar 3rd 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 further assistance.

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

The guideline value is a crucial factor when registering property in Agaramthen. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the stamp duty, which is charged on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kurunji Nagar 3rd Main Road?

The current guideline value of Kurunji Nagar 3rd 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 back to Rs 400 per sq.ft in 2023, and finally to Rs 440 per sq.ft in 2024.

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 2nd Street, Kurunji Nagar 3rd Street, Kurunji Nagar 2nd Main Road, Kurunji Nagar 4th Street, Kurunji Nagar 4th Street 1st And 5th Cross Street, and Kurunji Nagar 1st Street.

What is the registration fee for properties in Kurunji Nagar 3rd Main Road?

The registration fee for properties in Kurunji Nagar 3rd Main Road is calculated based on the guideline value. For example, for a plot valued at Rs 4,40,000, the registration fee at 2% would be Rs 8,800.

Where can I find the Sub Registrar Office for Kurunji Nagar 3rd Main Road?

The Sub Registrar Office for Kurunji Nagar 3rd Main Road is located at No.26, Mes Road, East Tambaram, Chennai-600059. You can find more information through the provided link.