Guideline Value for Thiru Vooraga Perumal Nagar

Thiru Vooraga Perumal Nagar guideline value

The current guideline value of Thiru Vooraga Perumal Nagar is Rs 1,540 per sq.ft, effective from 1 July 2024. This area is located in Kunrathour-B village and falls under the Kunrathur SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Thiru Vooraga Perumal Nagar has changed

In the 2017 revision, the guideline value was set at Rs 938 per sq.ft. This figure increased to Rs 1,400 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 1,540 per sq.ft, which represents a 10% increase from the 2023 figure. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, which is equal to the current guideline value of Thiru Vooraga Perumal Nagar.

• Thoppu Street Natham: Rs 1,540 per sq.ft (2024)
• Thiruvenkadam Avenue: Rs 1,760 per sq.ft (2024)
• Trident Garden Phase I to X: Rs 2,090 per sq.ft (2024)
• Thiruneermalai Road: Rs 1,540 per sq.ft (2024)
• Thiruneermalai Main Road, Othavadai Street: Rs 1,540 per sq.ft (2024)
• Udayam Nagar: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Thiru Vooraga Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty, charged at 7%, would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total fees together to Rs 1,38,600. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiru Vooraga Perumal Nagar?

The Sub Registrar Office that covers Thiru Vooraga Perumal Nagar 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 Kunrathour-B

The guideline value is crucial when registering a property in Kunrathour-B, as it determines the minimum value at which a property can be registered. Buyers and sellers should be aware that the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

When purchasing property, it is essential to consider the guideline value as it impacts the overall cost of the transaction. Understanding the guideline value can help in budgeting for additional costs associated with property registration.

Frequently asked questions

What is the current guideline value of Thiru Vooraga Perumal Nagar?

The current guideline value of Thiru Vooraga Perumal Nagar is Rs 1,540 per sq.ft, effective from 1 July 2024.

How much 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, marking an overall increase of 64% over this period.

What is the stamp duty rate for properties in Thiru Vooraga Perumal Nagar?

The stamp duty rate for properties in Thiru Vooraga Perumal Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the median guideline value for streets in Kunrathour-B?

The median guideline value for streets in Kunrathour-B is Rs 1,540 per sq.ft, which is the same as the guideline value for Thiru Vooraga Perumal Nagar.