Guideline Value for Sri D.SaiBaba Avenue
₹1430/sq.ft.
The guideline value for Sri D.saibaba Avenue in Kovur village (Kunrathur SRO, Chennai zone) is Rs 1430 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Kovur
Village
Kunrathur
SRO
Mixed Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1430 /sq.ft. |
| From 1-4-2023 | ₹1300 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹871 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1300 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹400 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹64 /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 Sri D.saibaba Avenue
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Kunrathur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri D.SaiBaba Avenue guideline value
The current guideline value of Sri D.SaiBaba Avenue is Rs 1,430 per sq.ft, effective from 1 July 2024. This street is located in Kovur village, under the Kunrathur SRO, and is classified as Mixed Type - I.
How the guideline value of Sri D.SaiBaba Avenue has changed
The guideline value for Sri D.SaiBaba Avenue has seen several revisions over the years. Starting from the 2003 revision, the guideline value was Rs 64 per sq.ft. This increased significantly to Rs 400 per sq.ft in 2007, marking a change of +525%. The value then rose to Rs 1,300 per sq.ft in 2012, representing a substantial increase of +225%. However, from 2012 to 2017, there was a decrease to Rs 871 per sq.ft, which is a drop of -33%. The value then increased to Rs 1,300 per sq.ft in 2023, reflecting a rise of +49%, before reaching the current value of Rs 1,430 per sq.ft in 2024, a change of +10%.
The revisions prior to 2003 include the year 2002, for which the register has no figure for this street. Overall, from 2003 to 2024, the guideline value has increased by +2134%.
Guideline values in Kovur
- Sri Elumalayan Nagar: Rs 1,650 per sq.ft (2024)
- Sri Balaji Nagar: Rs 1,650 per sq.ft (2024)
- Sri Arunachalam Nagar: Rs 2,300 per sq.ft (2024)
- Sri Annai nagar: Rs 1,650 per sq.ft (2024)
- Sri Ambal Nagar Extn: Rs 1,650 per sq.ft (2024)
- Sri Ambal Nagar Annex Extension: Rs 1,650 per sq.ft (2024)
Stamp duty and registration fee for property in Sri D.SaiBaba Avenue
For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value amounts to Rs 14,30,000. The stamp duty at 7% would be Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, bringing the total to Rs 1,28,700. It is important to note that duty is charged on the higher of the guideline value and the sale price.
For more information on calculating fees, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sri D.SaiBaba Avenue?
The Kunrathur Sub Registrar Office covers Sri D.SaiBaba Avenue, 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 Kovur
The guideline value is a crucial factor in the registration process of property transactions in Kovur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.
When buying or selling property, the guideline value helps in assessing the fair value of the property, which is essential for both the buyer and seller. It is important to be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Sri D.SaiBaba Avenue?
The current guideline value of Sri D.SaiBaba Avenue is Rs 1,430 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 64 per sq.ft in 2003 to Rs 1,430 per sq.ft in 2024, showing an overall increase of +2134% over the years.
What are the stamp duty and registration fees for properties in Sri D.SaiBaba Avenue?
For a plot of 1,000 sq.ft, the total guideline value is Rs 14,30,000, with a stamp duty of Rs 1,00,100 and a registration fee of Rs 28,600, totaling Rs 1,28,700.
Which Sub Registrar Office covers Sri D.SaiBaba Avenue?
The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, covers Sri D.SaiBaba Avenue.
What is the land classification of Sri D.SaiBaba Avenue?
Sri D.SaiBaba Avenue is classified as Mixed Type - I, which indicates the nature of land use in this area.
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