Guideline Value

Corporate

Guideline Value for Sultan House Ist Santhu

₹650/sq.ft.

The guideline value for Sultan House Ist Santhu 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 ₹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 Sultan House Ist Santhu

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Sultan House Ist Santhu guideline value

The current guideline value of Sultan House Ist Santhu is Rs 650 per sq.ft, effective from 1 July 2024. This property is located in Moonramkattalai village and falls under the Kunrathur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sultan House Ist Santhu has changed

The guideline value for Sultan House Ist Santhu has seen several revisions over the years. The 2007 revision set the value at Rs 150 per sq.ft, which increased significantly to Rs 600 per sq.ft in the 2012 revision. However, it decreased to Rs 402 per sq.ft in the 2017 revision. The 2023 revision raised it to Rs 600 per sq.ft, and the current 2024 revision has established it at Rs 650 per sq.ft, marking an increase of 8% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 333%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Moonramkattalai

In Moonramkattalai, 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 value is Rs 650 per sq.ft, which is equal to the guideline value of Sultan House Ist Santhu.

Stamp duty and registration fee for property in Sultan House Ist Santhu

For a 1,000 sq.ft plot at the current guideline value of Rs 650 per sq.ft, the total guideline value amounts to Rs 6,50,000. The stamp duty at 7% would be Rs 45,500, and the registration fee at 2% would be Rs 13,000, bringing the total cost for these fees to Rs 58,500. 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 more details.

Which Sub Registrar Office covers Sultan House Ist Santhu?

The Sub Registrar Office that covers Sultan House Ist Santhu 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 Moonramkattalai

The guideline value is a crucial factor when registering property transactions in Moonramkattalai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than fluctuating market prices.

When buying or selling property, it is essential to be aware of the guideline value as it affects the overall transaction costs. Buyers should ensure that the sale price is not lower than the guideline value to avoid issues during registration.

Frequently asked questions

What is the current guideline value of Sultan House Ist Santhu?

The current guideline value of Sultan House Ist Santhu 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 150 per sq.ft in 2007 to Rs 650 per sq.ft in 2024, reflecting an overall increase of 333% over the years.

What is the land classification for Sultan House Ist Santhu?

The land classification for Sultan House Ist Santhu is Residential Class I Type - I.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 6,50,000, with stamp duty at 7% amounting to Rs 45,500 and a registration fee at 2% totaling Rs 13,000, leading to a combined fee of Rs 58,500.

Which office handles property registrations for Sultan House Ist Santhu?

The Kunrathur Sub Registrar Office handles property registrations for Sultan House Ist Santhu, located at No.59, Road Street, Kundrathur, Chennai -600 069.