Guideline Value

Corporate

Guideline Value for 120 FEET ROAD WEST SIDE

₹8800/sq.ft.

The guideline value for 120 Feet Road West Side in Ekkaduthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 8800 per sq.ft, effective 1 July 2024. It was Rs 8000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ekkaduthangal

Village

Chennai South Joint I

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹8800 /sq.ft.
From 1-4-2023 ₹8000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5360 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹8000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹486 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹421 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 120 Feet Road West Side

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

120 Feet Road West Side guideline value

The current guideline value for 120 Feet Road West Side in Ekkaduthangal village is Rs 8,800 per sq.ft, effective from 1 July 2024. This street falls under the Chennai South Joint I SRO and is classified as Commercial Special Type - I.

How the guideline value of 120 Feet Road West Side has changed

The guideline value for 120 Feet Road West Side has undergone several revisions since 2002. In 2002, the guideline value was Rs 421 per sq.ft. This increased significantly to Rs 486 per sq.ft in 2003, marking a 15% rise. The value saw a substantial jump in 2007, reaching Rs 1,400 per sq.ft, which was an increase of 188%. However, it then experienced a decline to Rs 8,000 per sq.ft in 2012, a decrease of 33%. The value rose again to Rs 5,360 per sq.ft in 2017, reflecting a 49% increase from the previous figure. The most recent revision in 2023 set the value at Rs 8,000 per sq.ft, before increasing to Rs 8,800 per sq.ft in 2024, which is a 10% rise.

There are no figures available for revisions in the years not listed here. The overall change from 2002 to 2024 represents a significant increase of 1990%.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 3,080 to Rs 8,800 per sq.ft. The median value for these streets is Rs 4,620 per sq.ft, placing the 2024 figure for 120 Feet Road West Side above this median.

Stamp duty and registration fee for property in 120 Feet Road West Side

For a 1,000 sq.ft plot at the current rate of Rs 8,800 per sq.ft, the guideline value would be Rs 88,00,000. The stamp duty at 7% would amount to Rs 6,16,000, and the registration fee at 2% would be Rs 1,76,000, bringing the total to Rs 7,92,000. 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 further calculations.

Which Sub Registrar Office covers 120 Feet Road West Side?

The Sub Registrar Office that covers 120 Feet Road West Side is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Ekkaduthangal. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it can affect the overall costs involved in the transaction. Buyers must consider this value to ensure compliance with local regulations and to understand the financial implications of their purchase.

Frequently asked questions

What is the current guideline value for 120 Feet Road West Side?

The current guideline value for 120 Feet Road West Side is Rs 8,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 421 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, representing an overall increase of 1990%.

What is the registration office for 120 Feet Road West Side?

The registration office for 120 Feet Road West Side is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 88,00,000, the stamp duty would be Rs 6,16,000 and the registration fee would be Rs 1,76,000, totaling Rs 7,92,000.

Where can I find more information about guideline values in Ekkaduthangal?

More information about guideline values in Ekkaduthangal can be found by referring to the registration department's guideline value register and checking the values for other streets in the area.