Guideline Value for Kurunji Nagar 4th Street
₹440/sq.ft.
The guideline value for Kurunji Nagar 4th 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]
Records for a plot on Kurunji Nagar 4th Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kurunji Nagar 4th Street guideline value
The current guideline value of Kurunji Nagar 4th 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 has changed
The guideline value for Kurunji Nagar 4th 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. However, this was followed by a significant increase to Rs 400 per sq.ft in the 2023 revision, and finally, the current value is Rs 440 per sq.ft as of the 2024 revision. The revisions for the years 2002, 2003, and 2007 have no figure for this street in the register.
From the 2017 to 2023 revision, there was a 49% increase, while the value decreased by 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Agaramthen
Agaramthen village has 125 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 440 to Rs 3,700 per sq.ft. The median value for these streets is Rs 830 per sq.ft, indicating that Kurunji Nagar 4th Street's 2024 figure is below that median.
- Kurunji Nagar 3rd Street: Rs 440 per sq.ft (2024)
- Kurunji Nagar 4th Street 1st And 5th Cross Street: Rs 440 per sq.ft (2024)
- Kurunji Nagar 3rd Main Road: Rs 440 per sq.ft (2024)
- Kurunji Nagar 2nd Street: Rs 440 per sq.ft (2024)
- Kurunji Nagar 2nd Main Road: Rs 440 per sq.ft (2024)
- Kurunji Nagar 1st Street: Rs 440 per sq.ft (2024)
Stamp duty and registration fee for property in Kurunji Nagar 4th Street
For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total 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, together amounting to Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Kurunji Nagar 4th Street?
The Sub Registrar Office that covers Kurunji Nagar 4th 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 here.
How the guideline value is used when you buy or sell in Agaramthen
The guideline value is a crucial factor when registering property transactions in Agaramthen. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value helps both parties understand the official valuation of the property. It is essential for buyers to be aware of this value to ensure they are not overpaying based on inflated market prices.
Frequently asked questions
What is the current guideline value of Kurunji Nagar 4th Street?
The current guideline value of Kurunji Nagar 4th 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 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 4th Street?
The land classification for Kurunji Nagar 4th Street is Residential Class II Type - I.
Which Sub Registrar Office covers this street?
The Tambaram Joint 1 Sub Registrar Office covers Kurunji Nagar 4th Street, located at No.26, Mes Road, East Tambaram, Chennai-600059.
How is stamp duty calculated for properties in this area?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800.
Ask the records, or walk the map.
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