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Guideline Value

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Guideline Value for Sekkizhar Nagar Amar Neethiyar Salai

₹1550/sq.ft.

The guideline value for Sekkizhar Nagar Amar Neethiyar Salai in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /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 ₹1400 /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 Sekkizhar Nagar Amar Neethiyar Salai

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Sekkizhar Nagar Amar Neethiyar Salai guideline value

The current guideline value of Sekkizhar Nagar Amar Neethiyar Salai is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village under the Kunrathur SRO and is classified as Residential Special Type - II.

How the guideline value of Sekkizhar Nagar Amar Neethiyar Salai has changed

The guideline value for Sekkizhar Nagar Amar Neethiyar Salai has undergone several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,550 per sq.ft in the 2024 revision, marking an 11% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 11%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value among these streets is Rs 1,550 per sq.ft, which is equal to the current guideline value for Sekkizhar Nagar Amar Neethiyar Salai.

Stamp duty and registration fee for property in Sekkizhar Nagar Amar Neethiyar Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, while the registration fee at 2% would be Rs 31,000, bringing the total to Rs 1,39,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sekkizhar Nagar Amar Neethiyar Salai?

The Sekkizhar Nagar Amar Neethiyar Salai 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 details.

How the guideline value is used when you buy or sell in Thirunageswaram

The guideline value plays a crucial role in property transactions in Thirunageswaram. It is used to determine the stamp duty and registration fees applicable when buying or selling a property. This ensures that the transaction is recorded accurately and in compliance with local regulations.

When a property is registered, the guideline value is referenced to calculate the applicable charges. Buyers should be aware that the charges are based on the higher of the guideline value and the sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Sekkizhar Nagar Amar Neethiyar Salai?

The current guideline value for Sekkizhar Nagar Amar Neethiyar Salai is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024, an increase of 11%. It was Rs 938 per sq.ft in 2017 and Rs 1,400 per sq.ft in 2012.

What is the land classification for Sekkizhar Nagar Amar Neethiyar Salai?

Sekkizhar Nagar Amar Neethiyar Salai is classified as Residential Special Type - II, indicating its suitability for residential development.

Where can I find the registration office for this area?

The registration office covering Sekkizhar Nagar Amar Neethiyar Salai is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What other streets have guideline values in Thirunageswaram?

Other streets in Thirunageswaram include Sekkizhar Nagar Alala Sundaram Street, Sekkizhar Nagar chozhar Street, Sekkizhar Nagar Adhipathar Street, Sekkizhar Nagar Kananathar Salai, Sekkizhar Nagar Kannappar Salai, and Sekkizhar Nagar Karaikal Ammaiyar Street, with values ranging from Rs 1,200 to Rs 1,550 per sq.ft.