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Guideline Value

Corporate

Guideline Value for Sammandham Nagar 4th Cross Street

₹1540/sq.ft.

The guideline value for Sammandham Nagar 4th Cross Street 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 Sammandham Nagar 4th Cross Street

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Sammandham Nagar 4th Cross Street guideline value

The current guideline value of Sammandham Nagar 4th Cross Street 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 Sammandham Nagar 4th Cross Street has changed

The guideline value for Sammandham Nagar 4th Cross Street has seen several revisions over the years. The 2017 revision set the value at Rs 938 per sq.ft, which increased to Rs 1,400 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 further increased this value to Rs 1,540 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register 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, which is equal to the current value of Sammandham Nagar 4th Cross Street.

Stamp duty and registration fee for property in Sammandham Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total fees together to Rs 1,38,600. 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 more detailed calculations.

Which Sub Registrar Office covers Sammandham Nagar 4th Cross Street?

The Sub Registrar Office that covers Sammandham Nagar 4th 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 plays a crucial role in property transactions in Kunrathour-B, as it is used to determine the stamp duty and registration fees during the registration process. Buyers and sellers must refer to the current guideline value to ensure accurate calculations of these fees.

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

Frequently asked questions

What is the current guideline value of Sammandham Nagar 4th Cross Street?

The current guideline value of Sammandham Nagar 4th Cross Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

What were the previous guideline values for this street?

The previous guideline values for Sammandham Nagar 4th Cross Street were Rs 1,400 per sq.ft in 2023 and Rs 938 per sq.ft in 2017. There are no figures available for the years 2002, 2003, 2007, and 2012.

How is the stamp duty calculated for properties in this area?

Stamp duty for properties in Sammandham Nagar 4th Cross Street is calculated at 7% of the guideline value or the sale price, whichever is higher. Additional registration fees of 2% apply as well.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Sammandham Nagar 4th Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for Sammandham Nagar 4th Cross Street?

The land classification for Sammandham Nagar 4th Cross Street is Residential Special Type - I, indicating its designation for residential use.