Guideline Value

Corporate

Guideline Value for Sivasakthi Nagar Annex

₹1760/sq.ft.

The guideline value for Sivasakthi Nagar Annex in Chikkarayapuram village (Kunrathur SRO, Chennai zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chikkarayapuram

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹48 /sq.ft.
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 Sivasakthi Nagar Annex

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sivasakthi Nagar Annex guideline value

The current guideline value of Sivasakthi Nagar Annex is Rs 1,760 per sq.ft, effective from 1 July 2024. This area is located in Chikkarayapuram village under the Kunrathur SRO and is classified as Residential Class I Type - I.

How the guideline value of Sivasakthi Nagar Annex has changed

The guideline value for Sivasakthi Nagar Annex has undergone several revisions over the years. In 2003, the value was Rs 48 per sq.ft, which increased significantly to Rs 200 per sq.ft in 2007. This was followed by a remarkable rise to Rs 1,600 per sq.ft in 2012, marking a 700% increase from the previous revision. However, the value fell to Rs 1,072 per sq.ft in 2017, a decrease of 33%. The guideline value then rose to Rs 1,600 per sq.ft in 2023, before reaching the current figure of Rs 1,760 per sq.ft in 2024, representing a 10% increase.

Overall, from 2003 to 2024, the guideline value has increased by 3,567%. The register has no figure for the year 2002 for this street.

Guideline values in Chikkarayapuram

In Chikkarayapuram, there are 61 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,430 to Rs 2,800 per sq.ft, with a median value of Rs 1,980 per sq.ft. The guideline value for Sivasakthi Nagar Annex is below this median.

Stamp duty and registration fee for property in Sivasakthi Nagar Annex

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total fees together to Rs 1,58,400. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sivasakthi Nagar Annex?

The Sivasakthi Nagar Annex 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 Chikkarayapuram

The guideline value is a critical factor during the registration of property transactions in Chikkarayapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer or seller approaches the Kunrathur SRO for registration, the guideline value is used to assess the applicable fees. This ensures that all transactions are conducted transparently and in accordance with the established regulations.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar Annex?

The current guideline value of Sivasakthi Nagar Annex is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 48 per sq.ft in 2003 to Rs 1,760 per sq.ft in 2024, reflecting an overall increase of 3,567% over the years.

What is the stamp duty rate for property in Sivasakthi Nagar Annex?

The stamp duty rate for property in Sivasakthi Nagar Annex is 7% of the guideline value or the sale price, whichever is higher.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.

What are the other streets in Chikkarayapuram with their guideline values?

Other streets in Chikkarayapuram include Sivasakthi Nagar at Rs 1,980 per sq.ft, Sri Ambal Nagar at Rs 1,980 per sq.ft, Sri Kamatchi Amman Nagar at Rs 1,980 per sq.ft, Sri Kumarasamy Nagar at Rs 2,130 per sq.ft, Sri Maruthi Nagar at Rs 1,980 per sq.ft, and Srinivasa Nagar at Rs 1,980 per sq.ft, all for the year 2024.