Guideline Value

Corporate

Guideline Value for Sri Ganapathi Nagar

₹1210/sq.ft.

The guideline value for Sri Ganapathi Nagar in Baraniputjur village (Kunrathur SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Baraniputjur

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /sq.ft.
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 Ganapathi Nagar

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Sri Ganapathi Nagar guideline value

The current guideline value of Sri Ganapathi Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024. This area is located in Baraniputjur village and falls under the Kunrathur SRO. The land classification for this locality is Residential Special Type - II.

How the guideline value of Sri Ganapathi Nagar has changed

The guideline value of Sri Ganapathi Nagar has undergone several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 250 per sq.ft. This increased significantly to Rs 1,100 per sq.ft in 2012, followed by a decrease to Rs 737 per sq.ft in 2017. The value then rose to Rs 1,100 per sq.ft in 2023, and finally reached Rs 1,210 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002 and 2003.

From 2007 to 2012, the guideline value increased by 340%. However, it saw a decrease of 33% from 2012 to 2017. The value then rose by 49% from 2017 to 2023, and increased by 10% from 2023 to 2024. Overall, the guideline value has increased by 384% from 2007 to 2024.

Guideline values in Baraniputjur

In Baraniputjur, there are 39 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 2,500 per sq.ft, with a median value of Rs 1,210 per sq.ft. The guideline value of Sri Ganapathi Nagar aligns with this median.

Stamp duty and registration fee for property in Sri Ganapathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, while the registration fee at 2% would be Rs 24,200. Together, the total cost for these fees would be Rs 1,08,900. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Ganapathi Nagar?

The Sub Registrar Office that covers Sri Ganapathi Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Baraniputjur. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. The fees are calculated based on either the guideline value or the sale price, depending on which is higher.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly affects the overall cost of the transaction. Buyers should ensure that they are informed about the guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Sri Ganapathi Nagar?

The current guideline value of Sri Ganapathi Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 250 per sq.ft in 2007 to Rs 1,210 per sq.ft in 2024. There were increases and decreases in various revisions, with the most significant increase being 340% from 2007 to 2012.

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

Other streets in Baraniputjur include Sri Kamatchi Avenue at Rs 1,450 per sq.ft, Sri Balaji Nagar, Sri Sangeetham Nagar, Sri Venkateswara Nagar, and Subbaraya Nagar, all at Rs 1,210 per sq.ft, and Surya Avenue Phase - I at Rs 1,870 per sq.ft.

What are the stamp duty and registration fees for properties in Sri Ganapathi Nagar?

For a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700 and the registration fee would be Rs 24,200, totaling Rs 1,08,900. These fees are based on the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Ganapathi Nagar located?

The Kunrathur Sub Registrar Office, which covers Sri Ganapathi Nagar, is located at No.59, Road Street, Kundrathur, Chennai -600 069.