Guideline Value

Corporate

Guideline Value for Lakshmi Nagar Extention IVth Main Road

₹3960/sq.ft.

The guideline value for Lakshmi Nagar Extention Ivth Main Road 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 Lakshmi Nagar Extention Ivth Main Road

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Lakshmi Nagar Extention IVth Main Road guideline value

The current guideline value for Lakshmi Nagar Extention IVth Main Road 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 Lakshmi Nagar Extention IVth Main Road has changed

The guideline value for Lakshmi Nagar Extention IVth Main Road has seen several revisions over the years. The earliest recorded figure is from 2012, where it was Rs 3,600 per sq.ft. This value remained unchanged until the next revision in 2017, which saw a decrease to Rs 2,412 per sq.ft. The following revision in 2023 raised the value to Rs 3,600 per sq.ft, and the most recent revision in 2024 increased it to Rs 3,960 per sq.ft.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. 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 Porur

In Porur, 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 value is Rs 3,960 per sq.ft, which is the same as the guideline value for Lakshmi Nagar Extention IVth Main Road.

Stamp duty and registration fee for property in Lakshmi Nagar Extention IVth Main Road

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, making the total charges Rs 3,56,400. Please note that 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 Lakshmi Nagar Extention IVth Main Road?

The Sub Registrar Office that covers Lakshmi Nagar Extention IVth Main Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Porur, as it determines the minimum value at which a property can be registered. This value is used by the registration office to calculate the stamp duty and registration fees applicable to the property transaction.

When you approach the registration office, the guideline value will be referenced to ensure that the property is registered at an appropriate value. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Lakshmi Nagar Extention IVth Main Road?

The current guideline value for Lakshmi Nagar Extention IVth Main Road 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 3,600 per sq.ft in 2023 to Rs 3,960 per sq.ft in 2024, marking a 10% increase. The value was Rs 2,412 per sq.ft in 2017 and Rs 3,600 per sq.ft in 2012, reflecting a 49% increase from 2017 to 2023.

What is the land classification for Lakshmi Nagar Extention IVth Main Road?

The land classification for Lakshmi Nagar Extention IVth Main Road is Residential Special Type - I. This classification impacts the guideline value and potential uses of the property.

Where can I find the registration office for Lakshmi Nagar Extention IVth Main Road?

The registration office for Lakshmi Nagar Extention IVth Main Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in Lakshmi Nagar Extention IVth Main Road?

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