Guideline Value

Corporate

Guideline Value for Thiruvalluvar Street

₹4290/sq.ft.

The guideline value for Thiruvalluvar 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 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹657 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹593 /sq.ft.
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 Street

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Thiruvalluvar Street guideline value

The current guideline value of Thiruvalluvar Street in Porur village, under the Kunrathur SRO, is Rs 4,290 per sq.ft, effective from 1 July 2024. The land classification for this street is Mixed Special Type - II.

How the guideline value of Thiruvalluvar Street has changed

The guideline value for Thiruvalluvar Street has seen several revisions over the years. In 2002, the guideline value was Rs 593 per sq.ft. This increased to Rs 657 per sq.ft in 2003, marking an 11% rise. The value then rose significantly to Rs 1,000 per sq.ft in 2007, reflecting a 52% increase. Following this, the value surged to Rs 3,900 per sq.ft in 2012, a remarkable 290% increase. However, it decreased to Rs 2,613 per sq.ft in 2017, showing a decline of 33%. The value was then set at Rs 3,900 per sq.ft in 2023, before reaching the current figure of Rs 4,290 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 623%. Notably, there are no figures for the revisions in the years not mentioned in the register for this street.

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, with a median value of Rs 3,960 per sq.ft. Thiruvalluvar Street's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Thiruvalluvar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,290 per sq.ft, the guideline value totals 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 to Rs 3,86,100. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvalluvar Street?

The Sub Registrar Office that covers Thiruvalluvar Street 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 Porur

The guideline value plays a significant role during property transactions in Porur. It is used to determine the stamp duty and registration fees that are applicable when registering a property. Buyers and sellers must consider this value, as it can impact the overall cost of the transaction.

When a property is sold, the guideline value is referenced to ensure that the appropriate fees are calculated. This ensures transparency and compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Street?

The current guideline value of Thiruvalluvar 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 significantly from Rs 593 per sq.ft in 2002 to Rs 4,290 per sq.ft in 2024, reflecting an overall increase of 623% across the years.

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

Other streets in Porur include Thiruveethi Amman Koil IInd Street - Lane at Rs 6,380 per sq.ft, and several streets in Thiru Murugan Nagar, all at Rs 4,950 per sq.ft for 2024.

What is the registration fee for properties in Thiruvalluvar Street?

The registration fee for properties in Thiruvalluvar Street is calculated based on the guideline value, which is currently Rs 4,290 per sq.ft. The fee is 2% of the guideline value.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Kunrathur Sub Registrar Office at No.59, Road Street, Kundrathur, Chennai -600 069, or by using the online tool available to find your SRO.