Guideline Value

Corporate

Guideline Value for AVUDAIYAR KOIL FIRST STREET

₹1950/sq.ft.

The guideline value for Avudaiyar Koil First Street in Ottiyampakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1950 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Ottiyampakkam

Village

Selaiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1950 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Avudaiyar Koil First 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

Avudaiyar Koil First Street guideline value

The current guideline value of Avudaiyar Koil First Street is Rs 1,950 per sq.ft, effective from 1 July 2024. This street is located in Ottiyampakkam village under the Selaiyur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Avudaiyar Koil First Street has changed

The guideline value for Avudaiyar Koil First Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which was then reduced to Rs 1,206 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,800 per sq.ft in the 2023 revision, and finally, it rose to Rs 1,950 per sq.ft in the 2024 revision. The register has no figure for the years 2002, 2003, and 2007.

Between the revisions, the changes were as follows: from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Ottiyampakkam

In Ottiyampakkam, there are 88 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 1,300 to Rs 4,300 per sq.ft. The median guideline value is Rs 1,950 per sq.ft, which is equal to the current guideline value of Avudaiyar Koil First Street.

Stamp duty and registration fee for property in Avudaiyar Koil First Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,950 per sq.ft, the total guideline value amounts to Rs 19,50,000. The stamp duty at 7% would be Rs 1,36,500, and the registration fee at 2% would be Rs 39,000, bringing the total fees to Rs 1,75,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avudaiyar Koil First Street?

The Sub Registrar Office covering Avudaiyar Koil First Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ottiyampakkam. It serves as the baseline for calculating stamp duty and registration fees, which are mandatory for any property sale or purchase. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the current guideline value to ensure compliance with local regulations. This knowledge helps in accurately estimating the total costs involved in the transaction, including taxes and fees.

Frequently asked questions

What is the current guideline value of Avudaiyar Koil First Street?

The current guideline value of Avudaiyar Koil First Street is Rs 1,950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,950 per sq.ft in 2024.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Avudaiyar Koil First Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Selaiyur Sub Registrar Office?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is the registration fee calculated?

The registration fee is calculated at 2% of the guideline value or sale price, whichever is higher, during the property registration process.