Guideline Value

Corporate

Guideline Value for T.N.H.B.Quarters 2nd Street

₹4290/sq.ft.

The guideline value for T.n.h.b.quarters 2nd 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 2nd Street

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T.N.H.B.Quarters 2nd Street guideline value

The current guideline value for T.N.H.B.Quarters 2nd 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 it falls under the land classification of Mixed Special Type - II.

How the guideline value of T.N.H.B.Quarters 2nd Street has changed

The guideline value for T.N.H.B.Quarters 2nd Street has seen several revisions over the years. In 2012, the value was Rs 3,900 per sq.ft, which decreased to Rs 2,613 per sq.ft in 2017. However, from 2017 to 2023, the value increased significantly by 49% to Rs 3,900 per sq.ft. The most recent revision in 2024 has raised the value to Rs 4,290 per sq.ft, marking a 10% increase from the previous year.

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

Guideline values in Porur

In Porur, 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 value for these streets is Rs 3,960 per sq.ft, indicating that T.N.H.B.Quarters 2nd Street's current value is above this median.

Stamp duty and registration fee for property in T.N.H.B.Quarters 2nd 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 fees to Rs 3,86,100. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers T.N.H.B.Quarters 2nd Street?

The T.N.H.B.Quarters 2nd 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 Porur

The guideline value plays a crucial role in the registration process when buying or selling property in Porur. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of T.N.H.B.Quarters 2nd Street?

The current guideline value of T.N.H.B.Quarters 2nd 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 2012 to Rs 2,613 per sq.ft in 2017, then increased to Rs 3,900 per sq.ft in 2023, and finally to Rs 4,290 per sq.ft in 2024.

What are the other streets in Porur with their guideline values?

Other streets in Porur include T.N.H.B.Quarters 1st Street at Rs 4,290 per sq.ft, Trunk Road (Mount Poonamalle Road) at Rs 6,380 per sq.ft, and Udaya Nagar, Udaya Nagar 1st Street, Udaya Nagar Extension, and Udhaya Nagar 1st Lane all at Rs 3,520 per sq.ft.

How is stamp duty calculated for properties in T.N.H.B.Quarters 2nd Street?

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

Where can I find the Sub Registrar Office for T.N.H.B.Quarters 2nd Street?

The Kunrathur Sub Registrar Office covers T.N.H.B.Quarters 2nd Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.