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

Guideline Value

Corporate

Guideline Value for Sri Saravana Nagar Iind Street

₹650/sq.ft.

The guideline value for Sri Saravana Nagar Iind Street in Moonramkattalai village (Kunrathur SRO, Chennai zone) is Rs 650 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Moonramkattalai

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹650 /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 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 Saravana Nagar Iind Street

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 Saravana Nagar Iind Street guideline value

The current guideline value for Sri Saravana Nagar Iind Street is Rs 650 per sq.ft, effective from 1 July 2024. This street is located in Moonramkattalai village under the Kunrathur Sub Registrar Office (SRO) and falls under the Residential Class I Type - I land classification.

How the guideline value of Sri Saravana Nagar Iind Street has changed

Over the years, the guideline value for Sri Saravana Nagar Iind Street has seen several revisions. The 2012 revision set the value at Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 600 per sq.ft. The most recent revision in 2024 has increased the guideline value to Rs 650 per sq.ft, marking an 8% rise from the previous year.

It is important to note that the register has no figure for this street in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Moonramkattalai

In Moonramkattalai village, there are 43 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 650 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 650 per sq.ft, which is equal to the 2024 figure for Sri Saravana Nagar Iind Street.

Stamp duty and registration fee for property in Sri Saravana Nagar Iind Street

For a 1,000 sq.ft plot at the current guideline value of Rs 650 per sq.ft, the total guideline value would be Rs 6,50,000. The stamp duty at 7% would amount to Rs 45,500, and the registration fee at 2% would be Rs 13,000, making the total fees together Rs 58,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Sri Saravana Nagar Iind Street?

The Sri Saravana Nagar Iind Street falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Moonramkattalai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that transactions are conducted transparently and that the value of properties is reflected accurately in official records.

Frequently asked questions

What is the current guideline value for Sri Saravana Nagar Iind Street?

The current guideline value for Sri Saravana Nagar Iind Street is Rs 650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 650 per sq.ft in 2024.

Is there any guideline value recorded for earlier years?

The register has no figure for Sri Saravana Nagar Iind Street in the years 2002, 2003, and 2007.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in Tamil Nadu is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Kunrathur Sub Registrar Office?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more details through the appropriate links.