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Guideline Value

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Guideline Value for Kurunji Nagar 4th Street 1st And 5th Cross Street

₹440/sq.ft.

The guideline value for Kurunji Nagar 4th Street 1st And 5th Cross Street 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 4th Street 1st And 5th Cross Street

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Kurunji Nagar 4th Street 1st And 5th Cross Street guideline value

The current guideline value for Kurunji Nagar 4th Street 1st And 5th Cross Street 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 4th Street 1st And 5th Cross Street has changed

The guideline value for Kurunji Nagar 4th Street 1st And 5th Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which was then reduced to Rs 268 per sq.ft in the 2017 revision. Following this, the value 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.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. The overall change from the 2012 revision to the 2024 revision shows a modest increase of 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 with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value for these streets is Rs 830 per sq.ft, indicating that the 2024 figure for Kurunji Nagar 4th Street 1st And 5th Cross Street is below this median.

Stamp duty and registration fee for property in Kurunji Nagar 4th Street 1st And 5th Cross Street

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. Together, this would total Rs 39,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kurunji Nagar 4th Street 1st And 5th Cross Street?

The Sub Registrar Office that covers Kurunji Nagar 4th Street 1st And 5th Cross Street 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 for property transactions in Agaramthen. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the correct revenue from property transactions based on established values.

Frequently asked questions

What is the current guideline value of Kurunji Nagar 4th Street 1st And 5th Cross Street?

The current guideline value for Kurunji Nagar 4th Street 1st And 5th Cross Street is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several changes, with the most recent increase being from Rs 400 per sq.ft in 2023 to Rs 440 per sq.ft in 2024. The value was previously Rs 268 per sq.ft in 2017.

What is the land classification for this street?

The land classification for Kurunji Nagar 4th Street 1st And 5th Cross Street is Residential Class II Type - I.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 30,800.

Which office handles property registrations for Kurunji Nagar 4th Street 1st And 5th Cross Street?

The Tambaram Joint 1 Sub Registrar Office handles property registrations for Kurunji Nagar 4th Street 1st And 5th Cross Street, located at No.26, mes Road, East Tambaram, Chennai-600059.