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Guideline Value

Corporate

Guideline Value for ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road)

₹11000/sq.ft.

The guideline value for Alagiri Nagar 6th Cross Street (aravind Apt - 100feet Road) in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 11000 per sq.ft, effective 1 July 2024. It was Rs 10000 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

Puliyur

Village

Kodambakkam

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹11000 /sq.ft.
From 1-4-2023 ₹10000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6700 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Alagiri Nagar 6th Cross Street (aravind Apt - 100feet Road)

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ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) guideline value

The current guideline value for ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) is Rs 11,000 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO and is classified as Commercial Special Type - I.

How the guideline value of ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) has changed

The guideline value for this street has experienced several revisions over the years. The 2012 revision set the value at Rs 5,800 per sq.ft. This increased to Rs 6,700 per sq.ft in 2017, marking a 16% rise. From 2017 to 2023, the value saw a significant jump to Rs 10,000 per sq.ft, which is a 49% increase. The most recent revision in 2024 has further raised the guideline value to Rs 11,000 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 90%.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, making the current guideline value for ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) above this median.

Stamp duty and registration fee for property in ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 11,000 per sq.ft, the total guideline value amounts to Rs 1,10,00,000. The stamp duty at 7% would be Rs 7,70,000, while the registration fee at 2% would be Rs 2,20,000, bringing the total fees to Rs 9,90,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road)?

The Sub Registrar Office that covers ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Puliyur. It is the minimum value set by the government for property transactions, ensuring that the sale price is not undervalued. When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of property ownership.

Buyers and sellers must be aware of the guideline value as it directly impacts the costs associated with property transactions. It is advisable to check the latest guideline values to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value for ALAGIRI NAGAR 6TH CROSS STREET?

The current guideline value for ALAGIRI NAGAR 6TH CROSS STREET (Aravind Apt - 100feet Road) is Rs 11,000 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 5,800 per sq.ft in 2012 to Rs 11,000 per sq.ft in 2024, marking an overall increase of 90% over this period.

What is the land classification for ALAGIRI NAGAR 6TH CROSS STREET?

ALAGIRI NAGAR 6TH CROSS STREET is classified as Commercial Special Type - I, indicating its suitability for commercial activities.

Where can I find the Sub Registrar Office for this area?

The Kodambakkam Sub Registrar Office covers this area and is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,10,00,000, the stamp duty would be Rs 7,70,000 at a rate of 7%.