Guideline Value

Corporate

Guideline Value for AVUDAIYAR KOIL SECOND STREET

₹1950/sq.ft.

The guideline value for Avudaiyar Koil Second 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 Second Street

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Avudaiyar Koil Second Street guideline value

The current guideline value of Avudaiyar Koil Second 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 is classified as Residential Class I Type - I.

How the guideline value of Avudaiyar Koil Second Street has changed

The guideline value for Avudaiyar Koil Second Street has undergone several revisions over the years. In 2012, the value was Rs 1,800 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,206 per sq.ft. The subsequent revision in 2023 saw a significant increase to Rs 1,800 per sq.ft, followed by the latest revision in 2024, which raised it to Rs 1,950 per sq.ft.

Between the revisions, the guideline value changed as follows: from 2017 to 2023, there was a 49% increase, while from 2023 to 2024, the increase was 8%. Overall, from 2012 to 2024, the guideline value has risen by 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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, with a median value of Rs 1,950 per sq.ft. The guideline value for Avudaiyar Koil Second Street matches this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,950 per sq.ft, the total guideline value would be Rs 19,50,000. The stamp duty at 7% would amount to Rs 1,36,500, and the registration fee at 2% would be Rs 39,000, bringing the total to Rs 1,75,500. It is important to 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 further assistance.

Which Sub Registrar Office covers Avudaiyar Koil Second Street?

The Sub Registrar Office that covers Avudaiyar Koil Second 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 plays a crucial role in property transactions in Ottiyampakkam. It is used to determine the stamp duty and registration fees that are applicable when buying or selling a property. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

When a property is registered, the guideline value is compared with the sale price to determine the applicable duties. If the sale price is higher than the guideline value, the stamp duty is calculated based on the sale price. Conversely, if the guideline value is higher, the duties are based on that value.

Frequently asked questions

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

The current guideline value of Avudaiyar Koil Second 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 land classification for Avudaiyar Koil Second Street?

Avudaiyar Koil Second Street is classified as Residential Class I Type - I.

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 stamp duty calculated for properties in Avudaiyar Koil Second Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 19,50,000, the stamp duty at 7% would be Rs 1,36,500.