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Guideline Value

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Guideline Value for Thalaivar T.K. Kumarasamy Street

₹1540/sq.ft.

The guideline value for Thalaivar T.k. Kumarasamy Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /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 Thalaivar T.k. Kumarasamy Street

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Thalaivar T.K. Kumarasamy Street guideline value

The current guideline value of Thalaivar T.K. Kumarasamy Street is Rs 1,540 per sq.ft. This street is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Thalaivar T.K. Kumarasamy Street has changed

The guideline value for Thalaivar T.K. Kumarasamy Street has seen several revisions over the years. The 2017 revision recorded a value of Rs 938 per sq.ft, which increased significantly to Rs 1,400 per sq.ft in the 2023 revision. The latest revision in 2024 has set the value at Rs 1,540 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The increase from 2017 to 2023 was 49%, indicating a substantial rise in the guideline value over this period.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that have a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median value is Rs 1,540 per sq.ft, which is equal to the 2024 figure for Thalaivar T.K. Kumarasamy Street.

Stamp duty and registration fee for property in Thalaivar T.K. Kumarasamy Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total to Rs 1,38,600. 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 information.

Which Sub Registrar Office covers Thalaivar T.K. Kumarasamy Street?

The Sub Registrar Office that covers Thalaivar T.K. Kumarasamy Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor during the registration of property transactions in Kunrathour-B. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property. It ensures transparency in the transaction process and aids in avoiding disputes related to property valuation.

Frequently asked questions

What is the current guideline value of Thalaivar T.K. Kumarasamy Street?

The current guideline value of Thalaivar T.K. Kumarasamy Street is Rs 1,540 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has increased from Rs 938 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024, representing a total increase of 64% over this period.

What is the land classification for Thalaivar T.K. Kumarasamy Street?

Thalaivar T.K. Kumarasamy Street is classified as Residential Special Type - I under the guideline value register.

Where can I find the registration office for this street?

The registration office for Thalaivar T.K. Kumarasamy Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 15,40,000 would incur a stamp duty of Rs 1,07,800.