Guideline Value

Corporate

Guideline Value for SUNSHINE AVENUE

₹4620/sq.ft.

The guideline value for Sunshine Avenue in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 4620 per sq.ft, effective 1 July 2024. It was Rs 4200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹4620 /sq.ft.
From 1-4-2023 ₹4200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Sunshine Avenue

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Sunshine Avenue guideline value

The current guideline value of Sunshine Avenue is Rs 4,620 per sq.ft. This street is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Class IV Type - I.

How the guideline value of Sunshine Avenue has changed

The guideline value for Sunshine Avenue has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 4,200 per sq.ft, which increased by 10% to Rs 4,620 per sq.ft in the 2024 revision.

This increase reflects a change from Rs 4,200 in 2023 to Rs 4,620 in 2024, marking a significant adjustment in the guideline value 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 guideline value for these streets is Rs 1,540 per sq.ft, placing Sunshine Avenue's 2024 figure above this median.

Stamp duty and registration fee for property in Sunshine Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 4,620 per sq.ft, the total guideline value would be Rs 46,20,000. The stamp duty at 7% would amount to Rs 3,23,400, and the registration fee at 2% would be Rs 92,400, making the total cost for these fees Rs 4,15,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sunshine Avenue?

Sunshine Avenue falls under the jurisdiction of 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 when buying or selling property in Kunrathour-B. It determines the amount of stamp duty and registration fees payable, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers make informed decisions during property transactions. It is essential to refer to the latest figures to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Sunshine Avenue?

The current guideline value of Sunshine Avenue is Rs 4,620 per sq.ft, effective from the 2024 revision.

How much has the guideline value changed recently?

The guideline value increased from Rs 4,200 per sq.ft in 2023 to Rs 4,620 per sq.ft in 2024, marking a 10% increase.

What is the land classification for Sunshine Avenue?

Sunshine Avenue is classified as Residential Class IV Type - I under the Kunrathur SRO.

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 the stamp duty calculated for properties in Sunshine Avenue?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty of Rs 3,23,400.