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Guideline Value

Corporate

Guideline Value for AKKAIYA ROAD WEST (ADHIPARASAKTHI KOIL BACKSIDE)

₹770/sq.ft.

The guideline value for Akkaiya Road West (adhiparasakthi Koil Backside) in Tiruttani village (Thiruttani SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Tiruttani

Village

Thiruttani

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209
044-27881504
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Akkaiya Road West (adhiparasakthi Koil Backside)

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Akkaiya Road West (Adhiparasakthi Koil Backside) guideline value

The current guideline value for Akkaiya Road West (Adhiparasakthi Koil Backside) is Rs 770 per sq.ft, effective from 1 July 2024. This property is located in Tiruttani village, under the Thiruttani SRO, and falls under the Residential Class IV Type - I land classification.

How the guideline value of Akkaiya Road West (Adhiparasakthi Koil Backside) has changed

The guideline value for this street has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the value at Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO with a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft. The median guideline value for these streets is Rs 825 per sq.ft, placing Akkaiya Road West (Adhiparasakthi Koil Backside) below this median.

Stamp duty and registration fee for property in Akkaiya Road West (Adhiparasakthi Koil Backside)

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, leading to a total of Rs 69,300. 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 Akkaiya Road West (Adhiparasakthi Koil Backside)?

The Akkaiya Road West (Adhiparasakthi Koil Backside) is covered by the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Tiruttani. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property in the eyes of the law. Buyers should be aware that the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Akkaiya Road West?

The current guideline value of Akkaiya Road West (Adhiparasakthi Koil Backside) is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024, showing a total increase of 64% over this period.

What is the stamp duty rate in Tiruttani?

The stamp duty rate in Tiruttani is 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the guideline value.

Which office handles property registrations in Tiruttani?

The Thiruttani Sub Registrar Office handles property registrations in Tiruttani, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

What is the median guideline value for streets in Tiruttani?

The median guideline value for streets in Tiruttani is Rs 825 per sq.ft, with Akkaiya Road West (Adhiparasakthi Koil Backside) being below this median at Rs 770 per sq.ft.