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

Guideline Value

Corporate

Guideline Value for Thillai Natarajan Avenue

₹2860/sq.ft.

The guideline value for Thillai Natarajan Avenue in Mogalivakkam village (Kunrathur SRO, Chennai zone) is Rs 2860 per sq.ft, effective 1 July 2024. It was Rs 2600 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

Mogalivakkam

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2860 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2600 /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 Thillai Natarajan Avenue

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

Thillai Natarajan Avenue guideline value

The current guideline value of Thillai Natarajan Avenue is Rs 2,860 per sq.ft, effective from 1 July 2024. This street is located in Mogalivakkam village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Thillai Natarajan Avenue has changed

Over the years, the guideline value for Thillai Natarajan Avenue has seen several revisions. The 2012 revision set the value at Rs 2,600 per sq.ft, which was a decrease of 33% from the Rs 1,742 per sq.ft recorded in the 2017 revision. The 2023 revision increased the value to Rs 2,600 per sq.ft, and the most recent 2024 revision raised it further to Rs 2,860 per sq.ft, marking a 10% increase from the previous year.

In summary, from 2012 to 2024, the overall change in guideline value is an increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mogalivakkam

Mogalivakkam village has 98 streets under the Kunrathur SRO, with 2024 guideline values ranging from Rs 2,530 to Rs 6,600 per sq.ft. The median guideline value for these streets is Rs 2,970 per sq.ft, placing Thillai Natarajan Avenue's 2024 figure below the median.

Stamp duty and registration fee for property in Thillai Natarajan Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,860 per sq.ft, the total guideline value would be Rs 28,60,000. The stamp duty at 7% would be Rs 2,00,200, and the registration fee at 2% would be Rs 57,200, bringing the total to Rs 2,57,400. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thillai Natarajan Avenue?

The Sub Registrar Office that covers Thillai Natarajan Avenue 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 Mogalivakkam

The guideline value is a crucial factor in property transactions in Mogalivakkam. It determines the minimum price at which a property can be registered and is used to calculate the stamp duty and registration fees. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher of the two will be used for calculating the applicable duties.

When selling property, it is essential to understand that the guideline value plays a significant role in the registration process. Sellers must ensure that the property is valued correctly according to the current guideline value to avoid any legal issues during the transaction.

Frequently asked questions

What is the current guideline value of Thillai Natarajan Avenue?

The current guideline value of Thillai Natarajan Avenue is Rs 2,860 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,600 per sq.ft in 2023 to Rs 2,860 per sq.ft in 2024, marking a 10% increase. It was Rs 1,742 per sq.ft in 2017 and Rs 2,600 per sq.ft in 2012, showing a significant increase over the years.

What is the land classification for Thillai Natarajan Avenue?

The land classification for Thillai Natarajan Avenue is Residential Special Type - II.

Where can I find the registration office for this area?

The registration office covering Thillai Natarajan Avenue is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for property in Thillai Natarajan Avenue?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 28,60,000, the stamp duty would be Rs 2,00,200.