Guideline Value

Corporate

Guideline Value for Sri Bhagavathy Nagar

₹1760/sq.ft.

The guideline value for Sri Bhagavathy Nagar in Kunrathour-b 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 Mixed Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Mixed Special Type - III
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 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 Sri Bhagavathy Nagar

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

Sri Bhagavathy Nagar guideline value

The current guideline value of Sri Bhagavathy Nagar is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village under the Kunrathur SRO, with a land classification of Mixed Special Type - III.

How the guideline value of Sri Bhagavathy Nagar has changed

The guideline value for Sri Bhagavathy Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 1,072 per sq.ft. In 2023, this increased to Rs 1,600 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 1,760 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 the register has no figures for the years 2002, 2003, 2007, and 2012 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 Sri Bhagavathy Nagar's 2024 figure above that median.

Stamp duty and registration fee for property in Sri Bhagavathy Nagar

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 cost for these fees to Rs 1,58,400. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Bhagavathy Nagar?

Sri Bhagavathy Nagar 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 when registering property transactions in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property sale or purchase.

When you buy or sell property, the guideline value ensures that the transaction is recorded fairly in the official registry. This helps maintain transparency in property dealings and ensures that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Sri Bhagavathy Nagar?

The current guideline value of Sri Bhagavathy Nagar 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 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, reflecting a total increase of 64% over these years.

What are the other streets in Kunrathour-B with their guideline values?

Other streets in Kunrathour-B include Sri Boopala Vinayagar Nagar & Extn, Sri Arunachaleshwarar Nagar, Sri Hari Avenue, Sri Harish Nagar, Sri Iyyappan Nagar, and Sri Kubera Ganapathi Nagar, with values ranging from Rs 1,540 to Rs 1,760 per sq.ft in 2024.

What is the stamp duty for property in Sri Bhagavathy Nagar?

The stamp duty for property in Sri Bhagavathy Nagar is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would amount to Rs 1,23,200.

Where can I find the Sub Registrar Office for Sri Bhagavathy Nagar?

The Sub Registrar Office covering Sri Bhagavathy Nagar is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information about the office online.