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Guideline Value

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Guideline Value for Thiruvalluvar Nagar TamilThendral T.V.K.Salai

₹1550/sq.ft.

The guideline value for Thiruvalluvar Nagar Tamilthendral T.v.k.salai in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /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 ₹1400 /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 Thiruvalluvar Nagar Tamilthendral T.v.k.salai

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Thiruvalluvar Nagar TamilThendral T.V.K.Salai guideline value

The current guideline value of Thiruvalluvar Nagar TamilThendral T.V.K.Salai is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village under the Kunrathur SRO, with a land classification of Residential Special Type - II.

How the guideline value of Thiruvalluvar Nagar TamilThendral T.V.K.Salai has changed

The guideline value for Thiruvalluvar Nagar TamilThendral T.V.K.Salai has seen several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which then decreased to Rs 938 per sq.ft in 2017. Following that, the value increased significantly to Rs 1,400 per sq.ft in 2023, and the latest revision in 2024 raised it to Rs 1,550 per sq.ft.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%. The most recent change from 2023 to 2024 reflects an increase of 11%. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value is Rs 1,550 per sq.ft, which matches the current value of Thiruvalluvar Nagar TamilThendral T.V.K.Salai.

Stamp duty and registration fee for property in Thiruvalluvar Nagar TamilThendral T.V.K.Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total to Rs 1,39,500. 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 on fees applicable to your property transaction.

Which Sub Registrar Office covers Thiruvalluvar Nagar TamilThendral T.V.K.Salai?

The Sub Registrar Office covering Thiruvalluvar Nagar TamilThendral T.V.K.Salai is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thirunageswaram

The guideline value plays a crucial role in property transactions in Thirunageswaram. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during registration.

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

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar TamilThendral T.V.K.Salai?

The current guideline value of Thiruvalluvar Nagar TamilThendral T.V.K.Salai is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 1,400 per sq.ft in 2012, decreasing to Rs 938 per sq.ft in 2017, and then rising to Rs 1,400 per sq.ft in 2023 before reaching Rs 1,550 per sq.ft in 2024.

What is the land classification of Thiruvalluvar Nagar TamilThendral T.V.K.Salai?

The land classification for Thiruvalluvar Nagar TamilThendral T.V.K.Salai is Residential Special Type - II.

Where can I find the registration office for this area?

The registration office for Thiruvalluvar Nagar TamilThendral T.V.K.Salai 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 Thiruvalluvar Nagar TamilThendral T.V.K.Salai?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft property at the current guideline value would incur a stamp duty of Rs 1,08,500.