Guideline Value

Corporate

Guideline Value for Wireless Station Cross Street

₹3960/sq.ft.

The guideline value for Wireless Station Cross Street in Porur village (Kunrathur SRO, Chennai zone) is Rs 3960 per sq.ft, effective 1 July 2024. It was Rs 3600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Porur

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3960 /sq.ft.
From 1-4-2023 ₹3600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2412 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3600 /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 Wireless Station Cross Street

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Wireless Station Cross Street guideline value

The current guideline value of Wireless Station Cross Street is Rs 3,960 per sq.ft. This street is located in Porur village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Wireless Station Cross Street has changed

The guideline value for Wireless Station Cross Street has undergone several revisions over the years. The 2012 revision set the value at Rs 3,600 per sq.ft, which then decreased to Rs 2,412 per sq.ft in the 2017 revision. Following this, the value significantly increased to Rs 3,600 per sq.ft in the 2023 revision, and then rose again to Rs 3,960 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the value has seen a 10% increase. The register has no figures for the years 2002, 2003, and 2007 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. The median value is Rs 3,960 per sq.ft, which is the same as the current guideline value for Wireless Station Cross Street.

Stamp duty and registration fee for property in Wireless Station Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,960 per sq.ft, the total guideline value amounts to Rs 39,60,000. The stamp duty at 7% would be Rs 2,77,200, and the registration fee at 2% would be Rs 79,200, making the total charges together Rs 3,56,400. 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 Wireless Station Cross Street?

The Sub Registrar Office that covers Wireless Station Cross 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

When buying or selling property in Porur, the guideline value is essential for determining the stamp duty and registration fees. It serves as a benchmark for the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from property transactions.

Additionally, the guideline value is used to assess the market conditions in the area, helping buyers and sellers understand the value of properties in relation to the established rates. It is important to consider the guideline value when making decisions regarding property transactions in the region.

Frequently asked questions

What is the current guideline value of Wireless Station Cross Street?

The current guideline value of Wireless Station Cross Street is Rs 3,960 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,600 per sq.ft in 2023 to Rs 3,960 per sq.ft in 2024, marking a 10% increase. It was Rs 2,412 per sq.ft in 2017 and Rs 3,600 per sq.ft in 2012.

What is the land classification of Wireless Station Cross Street?

Wireless Station Cross Street is classified as Residential Special Type - I, indicating its suitability for residential purposes.

Where can I find the Kunrathur Sub Registrar Office?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles property registrations for the area.

How is stamp duty calculated for properties in Wireless Station Cross Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 2,77,200 at 7% of the guideline value.