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Guideline Value for Road Street Babu nagar 1st Cross Street (Left)

₹1540/sq.ft.

The guideline value for Road Street Babu Nagar 1st Cross Street (left) in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /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 Babu Nagar 1st Cross Street (left)

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Road Street Babu nagar 1st Cross Street (Left) guideline value

The current guideline value of Road Street Babu nagar 1st Cross Street (Left) is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Road Street Babu nagar 1st Cross Street (Left) has changed

In the 2017 revision, the guideline value was Rs 938 per sq.ft. This increased significantly to Rs 1,400 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 saw the value increase to Rs 1,540 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 5,130 per sq.ft. The median value is Rs 1,540 per sq.ft, which is equal to the current guideline value of Road Street Babu nagar 1st Cross Street (Left).

Stamp duty and registration fee for property in Road Street Babu nagar 1st Cross Street (Left)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, making the total cost Rs 1,38,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Road Street Babu nagar 1st Cross Street (Left)?

The Sub Registrar Office that covers Road Street Babu nagar 1st Cross Street (Left) is the Kunrathur Sub Registrar Office. The address is 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 plays a crucial role during the registration of property transactions in Kunrathour-B. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When a property is sold, the higher amount between the guideline value and the sale price is considered for calculating these fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Road Street Babu nagar 1st Cross Street (Left)?

The current guideline value of Road Street Babu nagar 1st Cross Street (Left) is Rs 1,540 per sq.ft, effective from 1 July 2024.

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

The guideline value has increased by 64% from Rs 938 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024.

What is the land classification for Road Street Babu nagar 1st Cross Street (Left)?

The land classification for Road Street Babu nagar 1st Cross Street (Left) is Residential Special Type - I.

Where can I find the Kunrathur Sub Registrar Office?

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

How is stamp duty calculated for properties in Kunrathour-B?

Stamp duty is calculated based on the higher amount between the guideline value and the sale price of the property. The current rates are 7% for stamp duty and 2% for registration fees.