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Guideline Value

Corporate

Guideline Value for Porur to Kundrathur Vijayam Co-op Mega Nagar

₹1210/sq.ft.

The guideline value for Porur To Kundrathur Vijayam Co-op Mega Nagar in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 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

Kunrathour-b

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Porur To Kundrathur Vijayam Co-op Mega Nagar

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Porur to Kundrathur Vijayam Co-op Mega Nagar guideline value

The current guideline value for Porur to Kundrathur Vijayam Co-op Mega Nagar is Rs 1,210 per sq.ft. This property is located in Kunrathour-B village, under the jurisdiction of the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Porur to Kundrathur Vijayam Co-op Mega Nagar has changed

The guideline value for this area has undergone several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 1,210 per sq.ft, marking a change of 10% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are a total of 325 streets under the Kunrathur SRO that carry a guideline value for 2024, with values ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing the guideline value for Porur to Kundrathur Vijayam Co-op Mega Nagar below that median.

Stamp duty and registration fee for property in Porur to Kundrathur Vijayam Co-op Mega Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, while the registration fee at 2% would be Rs 24,200, bringing the total cost for these fees to Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on the fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Porur to Kundrathur Vijayam Co-op Mega Nagar?

The Sub Registrar Office that covers Porur to Kundrathur Vijayam Co-op Mega Nagar 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 Kunrathour-B

The guideline value is a crucial factor in the registration process of property transactions in Kunrathour-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. These fees are typically based on the guideline value or the sale price, whichever is higher, ensuring that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Porur to Kundrathur Vijayam Co-op Mega Nagar?

The current guideline value for Porur to Kundrathur Vijayam Co-op Mega Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 64%, rising from Rs 737 per sq.ft to Rs 1,210 per sq.ft.

What is the registration office for this area?

The registration office covering Porur to Kundrathur Vijayam Co-op Mega Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What are the stamp duty rates applicable?

The stamp duty for property transactions in this area is charged at 7% of the guideline value or the sale price, whichever is higher.

How many streets in Kunrathour-B have a guideline value?

There are 325 streets in Kunrathour-B under the Kunrathur SRO that carry a guideline value for the year 2024.