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Guideline Value

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Guideline Value for Poompugar Nagar Extension Murugesan Nagar 4th Street .

₹5500/sq.ft.

The guideline value for Poompugar Nagar Extension Murugesan Nagar 4th Street . in Konnur village (Konnur SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Konnur

Village

Konnur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[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 Poompugar Nagar Extension Murugesan Nagar 4th Street .

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Poompugar Nagar Extension Murugesan Nagar 4th Street . guideline value

The current guideline value for Poompugar Nagar Extension Murugesan Nagar 4th Street is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Konnur village, under the Konnur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Poompugar Nagar Extension Murugesan Nagar 4th Street . has changed

In the 2007 revision, the guideline value was Rs 700 per sq.ft. This increased significantly to Rs 5,000 per sq.ft in 2012, marking a substantial rise of 614%. However, in 2017, the value decreased to Rs 3,350 per sq.ft, a reduction of 33%. The guideline value then rose to Rs 5,000 per sq.ft in 2023, followed by another increase to Rs 5,500 per sq.ft in 2024, reflecting a 10% increase.

Overall, the guideline value has increased by 686% from 2007 to 2024. The register has no figure for the years 2002 and 2003 for this street.

Guideline values in Konnur

In Konnur, there are 249 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 7,100 per sq.ft, with a median value of Rs 3,800 per sq.ft. The guideline value for Poompugar Nagar Extension Murugesan Nagar 4th Street is above this median.

Stamp duty and registration fee for property in Poompugar Nagar Extension Murugesan Nagar 4th Street .

For a 1,000 sq.ft plot at the current rate of Rs 5,500 per sq.ft, the guideline value amounts to Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, totaling Rs 4,95,000. 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 Poompugar Nagar Extension Murugesan Nagar 4th Street .?

The Sub Registrar Office that covers Poompugar Nagar Extension Murugesan Nagar 4th Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for further assistance.

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

The guideline value is an important factor in property transactions in Konnur. It is used to determine the stamp duty and registration fees when a property is bought or sold. The higher of the guideline value and the sale price is considered for calculating these charges.

When registering a property, it is essential to be aware of the guideline value as it affects the overall cost of the transaction. Buyers should ensure they are informed about the current guideline value to avoid any unexpected expenses during the registration process.

Frequently asked questions

What is the current guideline value of Poompugar Nagar Extension Murugesan Nagar 4th Street?

The current guideline value of Poompugar Nagar Extension Murugesan Nagar 4th Street is Rs 5,500 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 700 per sq.ft to Rs 5,500 per sq.ft in 2024, marking a total increase of 686% over the years.

What is the land classification for this street?

Poompugar Nagar Extension Murugesan Nagar 4th Street is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in Konnur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. It is typically set at 7%, along with a registration fee of 2% on the guideline value.