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Guideline Value

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Guideline Value for Limekiln Road (Sunnambu Kaalvai Road)

₹1300/sq.ft.

The guideline value for Limekiln Road (sunnambu Kaalvai Road) in Tondaiarpet village (Royapuram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Tondaiarpet

Village

Royapuram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
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)

535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.
044-25960108
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Limekiln Road (sunnambu Kaalvai Road)

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Limekiln Road (Sunnambu Kaalvai Road) guideline value

The current guideline value of Limekiln Road (Sunnambu Kaalvai Road) is Rs 1,300 per sq.ft, effective from 1 July 2024. This road is located in Tondaiarpet village, under the Royapuram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Limekiln Road (Sunnambu Kaalvai Road) has changed

The guideline value for Limekiln Road (Sunnambu Kaalvai Road) has seen several revisions over the years. In 2007, the value was Rs 600 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in 2012, marking a 100% rise. The value remained unchanged at Rs 1,200 per sq.ft in 2023, before increasing to Rs 1,300 per sq.ft in the 2024 revision, reflecting an 8% increase.

Overall, from 2007 to 2024, the guideline value has increased by 117%. The register does not have figures for the years 2002, 2003, and 2017 for this street.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO that have a guideline value for 2024, ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value for these streets is Rs 1,600 per sq.ft, indicating that the value for Limekiln Road (Sunnambu Kaalvai Road) is below this median.

Stamp duty and registration fee for property in Limekiln Road (Sunnambu Kaalvai Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, resulting in a total of Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Limekiln Road (Sunnambu Kaalvai Road)?

The Sub Registrar Office that covers Limekiln Road (Sunnambu Kaalvai Road) is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more details.

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

The guideline value is a critical factor when registering property transactions in Tondaiarpet. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property transfer process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value for taxation purposes. This helps maintain transparency in property dealings and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Limekiln Road (Sunnambu Kaalvai Road)?

The current guideline value of Limekiln Road (Sunnambu Kaalvai Road) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,200 per sq.ft in 2012, remaining at that value until 2023. In 2024, it increased to Rs 1,300 per sq.ft.

What are the other streets in Tondaiarpet with their guideline values?

Other streets in Tondaiarpet include Lotus Ramasamy Street at Rs 3,800 per sq.ft, Lal Bhadur Sastri Nagar at Rs 1,300 per sq.ft, and Madha Koil Street at Rs 2,200 per sq.ft, among others.

What are the stamp duty and registration fees for property on Limekiln Road?

The stamp duty for a property valued at Rs 13,00,000 would be Rs 91,000, and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which office handles registrations for Limekiln Road (Sunnambu Kaalvai Road)?

The Royapuram Sub Registrar Office handles registrations for Limekiln Road (Sunnambu Kaalvai Road) and is located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.