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Guideline Value

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Guideline Value for Sekkizhar Nagar Thirumoolar Salai

₹1550/sq.ft.

The guideline value for Sekkizhar Nagar Thirumoolar 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 Thirumoolar Salai

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Sekkizhar Nagar Thirumoolar Salai guideline value

The current guideline value of Sekkizhar Nagar Thirumoolar Salai is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Sekkizhar Nagar Thirumoolar Salai has changed

Over the years, the guideline value of Sekkizhar Nagar Thirumoolar Salai has seen several revisions. The 2012 revision set the value at Rs 1,400 per sq.ft, which was followed by a decrease to Rs 938 per sq.ft in the 2017 revision. In 2023, the value increased to Rs 1,400 per sq.ft, and the latest revision in 2024 raised it further to Rs 1,550 per sq.ft.

From 2017 to 2023, there was a significant increase of 49%, and from 2023 to 2024, the increase was 11%. Overall, from 2012 to 2024, the guideline value has increased by 11%. 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, with a median value of Rs 1,550 per sq.ft. The guideline value of Sekkizhar Nagar Thirumoolar Salai matches this median figure.

Stamp duty and registration fee for property in Sekkizhar Nagar Thirumoolar Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty at 7% would amount to Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total to Rs 1,39,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sekkizhar Nagar Thirumoolar Salai?

The Sub Registrar Office that covers Sekkizhar Nagar Thirumoolar Salai 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 Thirunageswaram

The guideline value is a crucial factor in property transactions in Thirunageswaram. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency in the buying and selling process.

When a property is sold, the registration fee and stamp duty are calculated based on the higher of the guideline value and the sale price. This ensures that both the state and the buyer are protected in the transaction.

Frequently asked questions

What is the current guideline value of Sekkizhar Nagar Thirumoolar Salai?

The current guideline value of Sekkizhar Nagar Thirumoolar 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 significantly from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then back to Rs 1,400 per sq.ft in 2023, and finally reaching Rs 1,550 per sq.ft in 2024.

What is the land classification for Sekkizhar Nagar Thirumoolar Salai?

The land classification for Sekkizhar Nagar Thirumoolar Salai is Residential Special Type - II.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 15,50,000, the stamp duty would be Rs 1,08,500 and the registration fee would be Rs 31,000, totaling Rs 1,39,500. These fees are based on the higher of the guideline value and the sale price.

Which office handles the registration of properties in this area?

The Kunrathur Sub Registrar Office handles the registration of properties in Sekkizhar Nagar Thirumoolar Salai, located at No.59, Road Street, Kundrathur, Chennai -600 069.