Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Mount - Poonamallee trunk Road

₹4290/sq.ft.

The guideline value for Mount - Poonamallee Trunk Road in Kattupakkam village (Kunrathur SRO, Chennai zone) is Rs 4290 per sq.ft, effective 1 July 2024. It was Rs 3900 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kattupakkam

Village

Kunrathur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹4290 /sq.ft.
From 1-4-2023 ₹3900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2613 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3900 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹246 /sq.ft.
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 Mount - Poonamallee Trunk Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Mount - Poonamallee trunk Road guideline value

The current guideline value of Mount - Poonamallee trunk Road is Rs 4,290 per sq.ft, effective from 1 July 2024. This road is located in Kattupakkam village and falls under the Kunrathur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Mount - Poonamallee trunk Road has changed

The guideline value for Mount - Poonamallee trunk Road has seen significant changes over the years. The 2003 revision recorded a value of Rs 246 per sq.ft, which increased to Rs 750 per sq.ft in 2007, marking a substantial rise of 205%. In 2012, the value was revised to Rs 3,900 per sq.ft, reflecting a remarkable increase of 420%. However, by 2017, the value dropped to Rs 2,613 per sq.ft, a decrease of 33%. The 2023 revision brought the value back up to Rs 3,900 per sq.ft, and the latest revision in 2024 has set it at Rs 4,290 per sq.ft, representing a 10% increase from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 1644%. The register has no figure for the year 2002 for this street.

Guideline values in Kattupakkam

In Kattupakkam, there are 75 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,980 to Rs 4,290 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, placing Mount - Poonamallee trunk Road's 2024 figure above that median.

Stamp duty and registration fee for property in Mount - Poonamallee trunk Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,290 per sq.ft, the total guideline value would be Rs 42,90,000. The stamp duty at 7% would amount to Rs 3,00,300, and the registration fee at 2% would be Rs 85,800, bringing the total fees to Rs 3,86,100. 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 Mount - Poonamallee trunk Road?

The Sub Registrar Office that covers Mount - Poonamallee trunk 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 Kattupakkam

The guideline value is a crucial factor in property transactions in Kattupakkam, as it determines the minimum value at which a property can be registered. When buying or selling a property, this value is used to calculate the stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

When a property is sold, the guideline value helps in assessing the appropriate taxes owed during the registration process. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Mount - Poonamallee trunk Road?

The current guideline value of Mount - Poonamallee trunk Road is Rs 4,290 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 246 per sq.ft in 2003 to Rs 4,290 per sq.ft in 2024, marking an overall increase of 1644% over this period.

What is the land classification for Mount - Poonamallee trunk Road?

The land classification for Mount - Poonamallee trunk Road is Commercial Class I Type - I.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Kattupakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. It is essential to know the current guideline value to accurately determine the stamp duty and registration fees owed.