Guideline Value

Corporate

Guideline Value for Sri Sakunthalanagar

₹1430/sq.ft.

The guideline value for Sri Sakunthalanagar in Chennerkuppam 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 Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chennerkuppam

Village

Kunrathur

SRO

Residential Class I Type - III
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 ₹450 /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 Sakunthalanagar

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Sri Sakunthalanagar guideline value

The current guideline value of Sri Sakunthalanagar is Rs 1,430 per sq.ft, effective from 1 July 2024. This area is located in Chennerkuppam village, under the Kunrathur SRO, and is classified as Residential Class I Type - III.

How the guideline value of Sri Sakunthalanagar has changed

Over the years, the guideline value of Sri Sakunthalanagar has seen significant changes. The earliest recorded revision in 2007 set the value at Rs 450 per sq.ft. This increased to Rs 1,300 per sq.ft in 2012, marking a substantial rise of 189%. However, the value then decreased to Rs 871 per sq.ft in 2017, a drop of 33%. The 2023 revision saw a notable increase to Rs 1,300 per sq.ft, followed by a further rise to Rs 1,430 per sq.ft in 2024, which is a 10% increase from the previous year. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the value increased by 49%, and overall, from 2007 to 2024, there has been a remarkable increase of 218% in the guideline value.

Guideline values in Chennerkuppam

In Chennerkuppam, there are 74 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,895 per sq.ft, with a median value of Rs 1,540 per sq.ft. The guideline value of Sri Sakunthalanagar is below this median.

Stamp duty and registration fee for property in Sri Sakunthalanagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value would be Rs 14,30,000. The stamp duty at 7% would amount to Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, totaling Rs 1,28,700. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Sakunthalanagar?

The Sub Registrar Office that covers Sri Sakunthalanagar 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 Chennerkuppam

The guideline value is a crucial factor in property transactions in Chennerkuppam, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that are applicable.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during property transactions. This value is regularly updated, reflecting changes in the real estate market and local infrastructure developments.

Frequently asked questions

What is the current guideline value of Sri Sakunthalanagar?

The current guideline value of Sri Sakunthalanagar 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 increased from Rs 450 per sq.ft in 2007 to Rs 1,430 per sq.ft in 2024, showing an overall increase of 218% over the years.

What are the other streets with guideline values in Chennerkuppam?

Other streets in Chennerkuppam include Srinivasa Nagar at Rs 2,090 per sq.ft, Subramaniya Swamy Koil Street at Rs 1,430 per sq.ft, and Sri Kamakshi Amman Nagar at Rs 1,655 per sq.ft, among others.

What is the stamp duty on property in Sri Sakunthalanagar?

The stamp duty on property in Sri Sakunthalanagar is 7% of the guideline value, which is Rs 1,00,100 for a 1,000 sq.ft plot at the current rate.

Where can I find the Sub Registrar Office for Sri Sakunthalanagar?

The Sub Registrar Office for Sri Sakunthalanagar is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information online.