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Guideline Value

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Guideline Value for Sri Venkateswara Nagar / Annuxe

₹3190/sq.ft.

The guideline value for Sri Venkateswara Nagar / Annuxe in Madanandapuram village (Kunrathur SRO, Chennai zone) is Rs 3190 per sq.ft, effective 1 July 2024. It was Rs 2900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madanandapuram

Village

Kunrathur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹3190 /sq.ft.
From 1-4-2023 ₹2900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1943 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2900 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /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 Venkateswara Nagar / Annuxe

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Sri Venkateswara Nagar / Annuxe guideline value

The current guideline value for Sri Venkateswara Nagar / Annuxe is Rs 3,190 per sq.ft, effective from 1 July 2024. This area is located in Madanandapuram village under the Kunrathur SRO, classified as Residential Special Type - III.

How the guideline value of Sri Venkateswara Nagar / Annuxe has changed

The guideline value for Sri Venkateswara Nagar / Annuxe has seen several revisions over the years. In the 2007 revision, the value was set at Rs 600 per sq.ft, which increased significantly to Rs 2,900 per sq.ft in 2012. However, there was a decrease to Rs 1,943 per sq.ft in the 2017 revision. The value then surged to Rs 2,900 per sq.ft in 2023, before reaching the current figure of Rs 3,190 per sq.ft in 2024. The register has no figures for the years 2002 and 2003.

From 2012 to 2017, the guideline value decreased by 33%, while it increased by 49% from 2017 to 2023. The jump from 2023 to 2024 represents a 10% increase. Overall, from 2007 to 2024, there has been a remarkable increase of 432% in the guideline value.

Guideline values in Madanandapuram

Madanandapuram village has a range of guideline values across its 94 streets under the Kunrathur SRO, with the 2024 figures varying from Rs 2,530 to Rs 5,830 per sq.ft. The median value for these streets is Rs 3,520 per sq.ft, placing the guideline value of Sri Venkateswara Nagar / Annuxe below this median.

Stamp duty and registration fee for property in Sri Venkateswara Nagar / Annuxe

For a 1,000 sq.ft plot at the current guideline value of Rs 3,190 per sq.ft, the total guideline value amounts to Rs 31,90,000. The stamp duty at 7% would be Rs 2,23,300, and the registration fee at 2% would be Rs 63,800, bringing the total to Rs 2,87,100. It is important to note that the 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 more details.

Which Sub Registrar Office covers Sri Venkateswara Nagar / Annuxe?

The Sub Registrar Office that covers Sri Venkateswara 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 Madanandapuram

The guideline value plays a crucial role in the registration process of property transactions in Madanandapuram. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly influences the costs associated with property registration. The guideline value serves as a reference point for assessing the value of the property being transacted.

Frequently asked questions

What is the current guideline value of Sri Venkateswara Nagar / Annuxe?

The current guideline value of Sri Venkateswara Nagar / Annuxe is Rs 3,190 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 600 per sq.ft in 2007 to Rs 3,190 per sq.ft in 2024, marking an overall increase of 432% over this period.

What is the land classification of Sri Venkateswara Nagar / Annuxe?

Sri Venkateswara Nagar / Annuxe is classified as Residential Special Type - III under the Kunrathur SRO.

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

For a property valued at Rs 31,90,000, the stamp duty would be Rs 2,23,300 and the registration fee would be Rs 63,800, totaling Rs 2,87,100.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Sri Venkateswara Nagar / Annuxe is located at No.59, Road Street, Kundrathur, Chennai -600 069.