Guideline Value

Corporate

Guideline Value for T.N.H.B.Quarters 1st Street

₹4290/sq.ft.

The guideline value for T.n.h.b.quarters 1st Street in Porur village (Kunrathur SRO, Chennai zone) is Rs 4290 per sq.ft, effective 1 July 2024. It was Rs 3900 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Porur

Village

Kunrathur

SRO

Mixed Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹4290 /sq.ft.
From 1-4-2023 ₹3900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2613 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3900 /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 T.n.h.b.quarters 1st Street

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T.N.H.B.Quarters 1st Street guideline value

The current guideline value of T.N.H.B.Quarters 1st Street is Rs 4,290 per sq.ft, effective from 1 July 2024. This street is located in Porur village, under the Kunrathur SRO, and is classified as Mixed Special Type - II.

How the guideline value of T.N.H.B.Quarters 1st Street has changed

The guideline value for T.N.H.B.Quarters 1st Street has seen several revisions over the years. The 2012 revision set the value at Rs 3,900 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 2,613 per sq.ft. The value remained at Rs 3,900 per sq.ft until the 2023 revision, which increased it to Rs 3,900 per sq.ft. The most recent revision in 2024 raised the guideline value to Rs 4,290 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Porur

In Porur village, there are 530 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median guideline value for these streets is Rs 3,960 per sq.ft, placing T.N.H.B.Quarters 1st Street above this median.

Stamp duty and registration fee for property in T.N.H.B.Quarters 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,290 per sq.ft, the total guideline value amounts to Rs 42,90,000. The stamp duty at 7% would be Rs 3,00,300, and the registration fee at 2% would be Rs 85,800, bringing the total to Rs 3,86,100. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.N.H.B.Quarters 1st Street?

The T.N.H.B.Quarters 1st Street falls under the jurisdiction of 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 Porur

The guideline value is a crucial factor during property registration in Porur. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in the area.

When you proceed with a property transaction, the guideline value will be used to calculate the applicable fees. It is essential to ensure that the sale price is at least equal to the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of T.N.H.B.Quarters 1st Street?

The current guideline value of T.N.H.B.Quarters 1st Street is Rs 4,290 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,900 per sq.ft in 2023 to Rs 4,290 per sq.ft in 2024. It was Rs 2,613 per sq.ft in 2017 and Rs 3,900 per sq.ft in 2012, reflecting various changes over the years.

What is the land classification for T.N.H.B.Quarters 1st Street?

T.N.H.B.Quarters 1st Street is classified as Mixed Special Type - II.

Where can I find the registration office for T.N.H.B.Quarters 1st Street?

The registration office for T.N.H.B.Quarters 1st Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in T.N.H.B.Quarters 1st Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 42,90,000, the stamp duty would be Rs 3,00,300 at a rate of 7%.