Guideline Value for SENTHURPURAM EXTENSION II

Senthurpuram Extension II guideline value

The current guideline value of Senthurpuram Extension II is Rs 3,960 per sq.ft, effective from 1 July 2024. This area is located in Kattupakkam village, under the Kunrathur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Senthurpuram Extension II has changed

Over the years, the guideline value for Senthurpuram Extension II has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 3,960 per sq.ft, an increase from Rs 3,600 per sq.ft in the 2023 revision. Notably, there was no change in the guideline value from 2017 to 2023, as it remained at Rs 3,600 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2024, the overall change in the guideline value is an increase of 10%. The change from the 2023 revision to the 2024 revision represents a 10% increase, highlighting the adjustments made in the current revision.

Guideline values in Kattupakkam

In Kattupakkam, there are 75 streets under the Kunrathur SRO that have a 2024 guideline value ranging from Rs 1,980 to Rs 4,290 per sq.ft, with a median value of Rs 2,090 per sq.ft. The guideline value of Senthurpuram Extension II is above this median.

• Senthurpuram Extension: Rs 3,960 per sq.ft (2024)
• Senthurpuram Annex: Rs 3,960 per sq.ft (2024)
• Senthurpuram: Rs 3,960 per sq.ft (2024)
• Sri Arul Avenue: Rs 2,090 per sq.ft (2024)
• Saminathan Nagar: Rs 3,960 per sq.ft (2024)
• Sri Devi Nagar: Rs 2,090 per sq.ft (2024)

Stamp duty and registration fee for property in Senthurpuram Extension II

For a 1,000 sq.ft plot at the current guideline value of Rs 3,960 per sq.ft, the total guideline value is Rs 39,60,000. The stamp duty at 7% would be Rs 2,77,200, and the registration fee at 2% would be Rs 79,200, bringing the total fees together to Rs 3,56,400. 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 calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Senthurpuram Extension II?

The Sub Registrar Office that covers Senthurpuram Extension II 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 Kattupakkam

The guideline value plays a crucial role in the registration process when buying or selling property in Kattupakkam. 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 buyer and seller must refer to the guideline value to ensure that the appropriate fees are calculated based on the current rates. This helps maintain transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value for Senthurpuram Extension II?

The current guideline value for Senthurpuram Extension II is Rs 3,960 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased by 10% from Rs 3,600 per sq.ft in 2023 to Rs 3,960 per sq.ft in 2024. Overall, from 2017 to 2024, the increase is also 10%.

What are the stamp duty and registration fees for property in Senthurpuram Extension II?

For a 1,000 sq.ft plot, the total guideline value is Rs 39,60,000. The stamp duty at 7% is Rs 2,77,200, and the registration fee at 2% is Rs 79,200, totaling Rs 3,56,400.

Which office handles the registration for Senthurpuram Extension II?

The Kunrathur Sub Registrar Office handles the registration for Senthurpuram Extension II, located at No.59, Road Street, Kundrathur, Chennai - 600 069.

What is the land classification for Senthurpuram Extension II?

Senthurpuram Extension II is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.