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Guideline Value

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Guideline Value for Valluvar Nagar (Kattuvan Kuttai)

₹3800/sq.ft.

The guideline value for Valluvar Nagar (kattuvan Kuttai) in Konnur village (Konnur SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Konnur

Village

Konnur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Valluvar Nagar (kattuvan Kuttai)

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Valluvar Nagar (Kattuvan Kuttai) guideline value

The current guideline value of Valluvar Nagar (Kattuvan Kuttai) is Rs 3,800 per sq.ft, effective from 1 July 2024. This area is located in Konnur village, under the Konnur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Valluvar Nagar (Kattuvan Kuttai) has changed

The guideline value for Valluvar Nagar (Kattuvan Kuttai) has undergone several revisions over the years. The earliest recorded figure is from 2012, where the guideline value was Rs 3,500 per sq.ft. This value remained the same until 2017, when it decreased to Rs 2,345 per sq.ft. Following this, the value increased significantly to Rs 3,500 per sq.ft in 2023, and then to Rs 3,800 per sq.ft in 2024.

From 2017 to 2023, there was a notable increase of 49%, and from 2023 to 2024, the increase was 9%. Overall, comparing the figures from 2012 to 2024, there has been a 9% increase. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Konnur

Konnur village has a total of 249 streets under the Konnur SRO, with guideline values ranging from Rs 2,750 to Rs 7,100 per sq.ft. The median guideline value across these streets is Rs 3,800 per sq.ft, which is equal to the current guideline value of Valluvar Nagar (Kattuvan Kuttai).

Stamp duty and registration fee for property in Valluvar Nagar (Kattuvan Kuttai)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to 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 Valluvar Nagar (Kattuvan Kuttai)?

The Sub Registrar Office that covers Valluvar Nagar (Kattuvan Kuttai) is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Konnur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

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

Frequently asked questions

What is the current guideline value of Valluvar Nagar (Kattuvan Kuttai)?

The current guideline value of Valluvar Nagar (Kattuvan Kuttai) is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, then increased to Rs 3,500 per sq.ft in 2023, and finally to Rs 3,800 per sq.ft in 2024.

What is the stamp duty rate in Valluvar Nagar (Kattuvan Kuttai)?

The stamp duty rate in Valluvar Nagar (Kattuvan Kuttai) is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Konnur Sub Registrar Office?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the land classification for Valluvar Nagar (Kattuvan Kuttai)?

Valluvar Nagar (Kattuvan Kuttai) is classified as Residential Class II Type - I, indicating its suitability for residential development.