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

Guideline Value

Corporate

Guideline Value for Sripathy Nagar / Srimathi Nagar

₹1430/sq.ft.

The guideline value for Sripathy Nagar / Srimathi Nagar in Kunrathour-b 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 Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - II
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 N/A
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 Sripathy Nagar / Srimathi Nagar

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

Sripathy Nagar / Srimathi Nagar guideline value

The current guideline value for Sripathy Nagar / Srimathi Nagar is Rs 1,430 per sq.ft, effective from 1 July 2024. This area falls under Kunrathour-B village and is classified as Residential Special Type - II by the Kunrathur SRO.

How the guideline value of Sripathy Nagar / Srimathi Nagar has changed

The guideline value for Sripathy Nagar / Srimathi Nagar has seen significant changes over the years. In the 2017 revision, the value was Rs 871 per sq.ft, which increased to Rs 1,300 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has set the value at Rs 1,430 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft, with a median value of Rs 1,540 per sq.ft. The guideline value for Sripathy Nagar / Srimathi Nagar is below this median.

Stamp duty and registration fee for property in Sripathy Nagar / Srimathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value amounts to Rs 14,30,000. The stamp duty at 7% would be Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, bringing the total cost for these fees to Rs 1,28,700. It is essential 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 more precise calculations.

Which Sub Registrar Office covers Sripathy Nagar / Srimathi Nagar?

The Sub Registrar Office covering Sripathy Nagar / Srimathi 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 Kunrathour-B

The guideline value plays a crucial role during the registration process of property transactions in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in this area.

Buyers and sellers should be aware that the guideline value is used to calculate the applicable fees, ensuring that all parties are clear on the financial obligations involved in the transaction. This ensures transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sripathy Nagar / Srimathi Nagar?

The current guideline value for Sripathy Nagar / Srimathi Nagar 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 871 per sq.ft in 2017 to Rs 1,300 per sq.ft in 2023, and now to Rs 1,430 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What are the other streets with the same guideline value in Kunrathour-B?

Other streets in Kunrathour-B with the same guideline value of Rs 1,430 per sq.ft include Sri Rajarajeswari Nagar, Sri Rajarajeswari Nagar M.G.R. Street, Sri Rajarajeswari Nagar Mullai Street, Sri Rajarajeswari Nagar Nehru Nagar, Sri Rajarajeswari Nagar Nethaji Street, and Sri Rajarajeswari Nagar Sri Ram Street.

What is the stamp duty and registration fee for property in Sripathy Nagar / Srimathi Nagar?

For a property valued at Rs 14,30,000, the stamp duty would be Rs 1,00,100, and the registration fee would be Rs 28,600, totaling Rs 1,28,700. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office should I visit for property registration in Sripathy Nagar / Srimathi Nagar?

The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, is the office responsible for property registration in this area. You can find your SRO through the provided link.