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Guideline Value

Corporate

Guideline Value for Road Street 3rd Cross Street

₹1430/sq.ft.

The guideline value for Road Street 3rd Cross Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1430 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1430 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /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 Road Street 3rd Cross Street

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Road Street 3rd Cross Street guideline value

The current guideline value of Road Street 3rd Cross Street is Rs 1,430 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village under the Kunrathur SRO, and it falls under the land classification of Residential Special Type - II.

How the guideline value of Road Street 3rd Cross Street has changed

The guideline value for Road Street 3rd Cross Street has seen significant changes over the years. The 2017 revision recorded a value of Rs 871 per sq.ft, which increased to Rs 1,300 per sq.ft in 2023. The most recent 2024 revision has set the value at Rs 1,430 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street in the register. The increase from the 2017 to 2023 revision was 49%, indicating a substantial rise in the guideline value over that period.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that have a 2024 guideline value 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 2024 guideline value of Road Street 3rd Cross Street below this median.

Stamp duty and registration fee for property in Road Street 3rd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,430 per sq.ft, the guideline value amounts to Rs 14,30,000. The stamp duty at 7% would be Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, bringing the total to Rs 1,28,700. Please note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Road Street 3rd Cross Street?

The Sub Registrar Office that covers Road Street 3rd Cross Street 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 critical factor in the registration process when buying or selling property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to assess the applicable charges, ensuring that the registration is carried out legally and transparently. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Road Street 3rd Cross Street?

The current guideline value for Road Street 3rd Cross Street is Rs 1,430 per sq.ft, effective from 1 July 2024.

What was the guideline value in 2023?

The guideline value for Road Street 3rd Cross Street in 2023 was Rs 1,300 per sq.ft.

How much did the guideline value increase from 2017 to 2024?

The guideline value increased by 64% from Rs 871 per sq.ft in 2017 to Rs 1,430 per sq.ft in 2024.

Which Sub Registrar Office should I contact for transactions on this street?

You should contact the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069 for any transactions related to Road Street 3rd Cross Street.

What is the median guideline value for streets in Kunrathour-B?

The median guideline value for streets in Kunrathour-B is Rs 1,540 per sq.ft, which is above the current guideline value of Road Street 3rd Cross Street.