Guideline Value

Corporate

Guideline Value for SRI MOOKAMBIKAI NAGAR

₹2750/sq.ft.

The guideline value for Sri Mookambikai Nagar in Kobarasanallur village (Kunrathur SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kobarasanallur

Village

Kunrathur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
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 Sri Mookambikai Nagar

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Sri Mookambikai Nagar guideline value

The current guideline value of Sri Mookambikai Nagar, located in Kobarasanallur village under the Kunrathur SRO, is Rs 2,750 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Sri Mookambikai Nagar has changed

The guideline value for Sri Mookambikai Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,750 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 2,500 per sq.ft. Prior to that, the value remained unchanged from the 2012 revision, which was also Rs 2,500 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. This reflects the changes in the guideline values over the years, with the most significant recent change occurring between 2023 and 2024.

Guideline values in Kobarasanallur

In Kobarasanallur, there are 28 streets that carry a 2024 guideline value ranging from Rs 1,650 to Rs 4,180 per sq.ft, with a median value of Rs 1,980 per sq.ft. The guideline value of Sri Mookambikai Nagar is above this median.

Stamp duty and registration fee for property in Sri Mookambikai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, leading to a total of Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Mookambikai Nagar?

Sri Mookambikai Nagar is covered by 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 Kobarasanallur

The guideline value plays a crucial role in the registration process when buying or selling property in Kobarasanallur. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Mookambikai Nagar?

The current guideline value of Sri Mookambikai Nagar is Rs 2,750 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, marking a 10% increase. There was no change from 2012 to 2023, and the overall increase from 2012 to 2024 is 10%.

What are the other streets in Kobarasanallur and their guideline values?

Other streets in Kobarasanallur include Sri Moogambigai Nagar Extn at Rs 2,750 per sq.ft, Sri Murugan Nagar at Rs 3,285 per sq.ft, and Sri Nagalakshmi Nagar at Rs 1,980 per sq.ft, among others.

How is stamp duty calculated in Sri Mookambikai Nagar?

Stamp duty in Sri Mookambikai Nagar is calculated based on the higher of the guideline value or the sale price. For example, on a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 at 7%.

Where can I find the Sub Registrar Office for Sri Mookambikai Nagar?

The Kunrathur Sub Registrar Office covers Sri Mookambikai Nagar and is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information through their official resources.