Guideline Value

Corporate

Guideline Value for AVUDAIYAR KOIL THIRD STREET

₹1950/sq.ft.

The guideline value for Avudaiyar Koil Third 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 Third Street

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Avudaiyar Koil Third Street guideline value

The current guideline value of Avudaiyar Koil Third Street is Rs 1,950 per sq.ft. 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 Third Street has changed

The guideline value for Avudaiyar Koil Third Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,950 per sq.ft, up from Rs 1,800 per sq.ft in 2023, marking an increase of 8%. Prior to that, in 2017, the value was Rs 1,206 per sq.ft, which indicates a significant rise of 49% to the 2023 figure. The 2012 revision also recorded a value of Rs 1,800 per sq.ft, showing a decrease of 33% to the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 8%.

The register has no figures for the years 2002, 2003, and 2007 regarding this street. Therefore, the only revisions available are from 2012, 2017, 2023, and 2024.

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 the median being Rs 1,950 per sq.ft. Avudaiyar Koil Third Street's 2024 guideline value is equal to this median.

Stamp duty and registration fee for property in Avudaiyar Koil Third 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 charges to Rs 1,75,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avudaiyar Koil Third Street?

The Sub Registrar Office that covers Avudaiyar Koil Third 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 critical factor in property transactions in Ottiyampakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that both parties adhere to the legal requirements set by the government.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value is regularly updated, and staying informed helps in making accurate financial decisions regarding property transactions.

Frequently asked questions

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

The current guideline value of Avudaiyar Koil Third 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 2023 to Rs 1,950 per sq.ft in 2024, an increase of 8%. It was Rs 1,206 per sq.ft in 2017, which was a 49% rise to the 2023 figure.

What is the land classification for Avudaiyar Koil Third Street?

Avudaiyar Koil Third Street is classified as Residential Class I Type - I, which indicates its suitability for residential development.

What are the other streets in Ottiyampakkam with the same guideline value?

Other streets in Ottiyampakkam that share the same guideline value of Rs 1,950 per sq.ft include Avudaiyar Koil Street, Avudaiyar Street, Avudaiyar Koil Second Street, Avudaiyar Thrid Cross Street, Avudaiyar Koil First Street, and Avudaiyar First Cross Street.

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. This office handles registrations for properties in the area.