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Guideline Value

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Guideline Value for PUTHIRAN KANNI KUTAI SLUM

₹7150/sq.ft.

The guideline value for Puthiran Kanni Kutai Slum in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 7150 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹7150 /sq.ft.
From 1-4-2023 ₹6500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4355 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6500 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Puthiran Kanni Kutai Slum

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Puthiran Kanni Kutai Slum guideline value

The current guideline value of Puthiran Kanni Kutai Slum is Rs 7,150 per sq.ft, effective from 1 July 2024. This area is located in Thiruvanmiyur village, under the Chennai South Joint I SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Puthiran Kanni Kutai Slum has changed

The guideline value for Puthiran Kanni Kutai Slum has seen several revisions over the years. The 2012 revision set the value at Rs 6,500 per sq.ft, which was then reduced by 33% to Rs 4,355 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 6,500 per sq.ft in the 2023 revision, marking a 49% rise. Finally, the latest revision in 2024 raised the value to Rs 7,150 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. The guideline value of Puthiran Kanni Kutai Slum is below this median.

Stamp duty and registration fee for property in Puthiran Kanni Kutai Slum

For a 1,000 sq.ft plot at the current rate of Rs 7,150 per sq.ft, the guideline value is Rs 71,50,000. The stamp duty at 7% would be Rs 5,00,500, and the registration fee at 2% would be Rs 1,43,000, totaling Rs 6,43,500. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Puthiran Kanni Kutai Slum?

The Puthiran Kanni Kutai Slum is covered by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thiruvanmiyur. It is used to determine the stamp duty and registration fees when buying or selling property in the area. Buyers and sellers should be aware that the guideline value is the basis for calculating these fees, ensuring compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that all transactions are fairly assessed and that the government receives the appropriate revenue from property sales.

Frequently asked questions

What is the current guideline value of Puthiran Kanni Kutai Slum?

The current guideline value of Puthiran Kanni Kutai Slum is Rs 7,150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,500 per sq.ft in 2012 to Rs 4,355 per sq.ft in 2017, then to Rs 6,500 per sq.ft in 2023, and finally to Rs 7,150 per sq.ft in 2024.

What is the land classification of Puthiran Kanni Kutai Slum?

Puthiran Kanni Kutai Slum is classified as Residential Class IV Type - I.

Which office handles registrations for Puthiran Kanni Kutai Slum?

The Chennai South Joint I Sub Registrar Office handles registrations for Puthiran Kanni Kutai Slum, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 71,50,000 would incur a stamp duty of Rs 5,00,500 at 7%.