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

Guideline Value

Corporate

Guideline Value for Venkateshwara Nagar 25th Street

₹6380/sq.ft.

The guideline value for Venkateshwara Nagar 25th Street in Porur village (Kunrathur SRO, Chennai zone) is Rs 6380 per sq.ft, effective 1 July 2024. It was Rs 5800 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Porur

Village

Kunrathur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹6380 /sq.ft.
From 1-4-2023 ₹5800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3886 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5800 /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 Venkateshwara Nagar 25th Street

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

Venkateshwara Nagar 25th Street guideline value

The current guideline value of Venkateshwara Nagar 25th Street is Rs 6,380 per sq.ft, effective from 1 July 2024. This street is located in Porur village and falls under the Kunrathur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Venkateshwara Nagar 25th Street has changed

The guideline value for Venkateshwara Nagar 25th Street has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 5,800 per sq.ft. This figure remained the same until the next revision in 2017, which saw a decrease to Rs 3,886 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, raising the guideline value to Rs 5,800 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 6,380 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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. The median guideline value for these streets is Rs 3,960 per sq.ft, placing Venkateshwara Nagar 25th Street above this median.

Stamp duty and registration fee for property in Venkateshwara Nagar 25th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,380 per sq.ft, the total guideline value would be Rs 63,80,000. The stamp duty at 7% would amount to Rs 4,46,600, and the registration fee at 2% would be Rs 1,27,600, bringing the total to Rs 5,74,200. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate estimates.

Which Sub Registrar Office covers Venkateshwara Nagar 25th Street?

The Venkateshwara Nagar 25th Street falls under 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 crucial role in the registration process when buying or selling property in Porur. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the government records.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Venkateshwara Nagar 25th Street?

The current guideline value of Venkateshwara Nagar 25th Street is Rs 6,380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 5,800 per sq.ft in 2012 to Rs 3,886 per sq.ft in 2017, then increased to Rs 5,800 per sq.ft in 2023, and finally to Rs 6,380 per sq.ft in 2024.

What is the land classification for Venkateshwara Nagar 25th Street?

The land classification for Venkateshwara Nagar 25th Street is Commercial Class I Type - I.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Venkateshwara Nagar 25th Street?

The Kunrathur Sub Registrar Office covers Venkateshwara Nagar 25th Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.