Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sri L.K.B. Nagar Annuxe

₹660/sq.ft.

The guideline value for Sri L.k.b. Nagar Annuxe in Sundaracholavaram village (Kunrathur SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sundaracholavaram

Village

Kunrathur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹150 /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 L.k.b. Nagar Annuxe

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 L.K.B. Nagar Annuxe guideline value

The current guideline value for Sri L.K.B. Nagar Annuxe is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Sundaracholavaram village under the Kunrathur SRO, classified as Residential Class I Type - III.

How the guideline value of Sri L.K.B. Nagar Annuxe has changed

The guideline value for Sri L.K.B. Nagar Annuxe has undergone several revisions over the years. In 2007, the value was Rs 150 per sq.ft, which increased significantly to Rs 600 per sq.ft in 2012. However, there was a decrease to Rs 402 per sq.ft in 2017. The value then rose to Rs 600 per sq.ft in 2023, and most recently, it has been revised to Rs 660 per sq.ft in 2024, reflecting a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 340%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Sundaracholavaram

In Sundaracholavaram, there are 57 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 4,600 per sq.ft. The median value is Rs 660 per sq.ft, which is equal to the current guideline value for Sri L.K.B. Nagar Annuxe.

Stamp duty and registration fee for property in Sri L.K.B. Nagar Annuxe

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Sri L.K.B. Nagar Annuxe?

The Sub Registrar Office that covers Sri L.K.B. Nagar Annuxe 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 Sundaracholavaram

The guideline value is a crucial factor in property transactions in Sundaracholavaram. It serves as a benchmark for determining the minimum value at which a property can be registered. When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher.

This ensures that the government receives the appropriate revenue from property transactions. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Sri L.K.B. Nagar Annuxe?

The current guideline value for Sri L.K.B. Nagar Annuxe is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 150 per sq.ft in 2007 to Rs 660 per sq.ft in 2024, marking an overall increase of 340% over this period.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 6,60,000, the stamp duty would be Rs 46,200 and the registration fee would be Rs 13,200, totaling Rs 59,400.

Which office handles registrations for Sri L.K.B. Nagar Annuxe?

The Kunrathur Sub Registrar Office handles registrations for Sri L.K.B. Nagar Annuxe, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the importance of the guideline value in property transactions?

The guideline value is essential for determining the minimum registration value of a property. It influences the stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.