Guideline Value

Corporate

Guideline Value for C.I.D ROAD 4TH STREET

₹4900/sq.ft.

The guideline value for C.i.d Road 4th Street in Purasaivakkam village (Purasaivakkam SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Purasaivakkam

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2600 /sq.ft.
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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[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 C.i.d Road 4th 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

C.I.D Road 4th Street guideline value

The current guideline value of C.I.D Road 4th Street is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Purasaivakkam village and falls under the Purasaivakkam SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of C.I.D Road 4th Street has changed

The guideline value for C.I.D Road 4th Street has seen several revisions over the years. The 2007 revision set the value at Rs 2,600 per sq.ft, which increased to Rs 4,500 per sq.ft in 2012. However, this was followed by a decrease to Rs 3,015 per sq.ft in 2017. The 2023 revision then raised it to Rs 4,500 per sq.ft, and the latest 2024 revision has further increased it to Rs 4,900 per sq.ft. Notably, the register has no figures for the years 2002 and 2003 for this street.

In terms of percentage changes, the value increased by 73% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then rose by 49% from 2017 to 2023. The most recent change from 2023 to 2024 represents a 9% increase. Overall, from 2007 to 2024, the guideline value has increased by 88%.

Guideline values in Purasaivakkam

In Purasaivakkam, there are 519 streets under the Purasaivakkam SRO that have a 2024 guideline value ranging from Rs 2,200 to Rs 18,100 per sq.ft. The median value is Rs 5,500 per sq.ft, placing C.I.D Road 4th Street's 2024 guideline value below this median.

Stamp duty and registration fee for property in C.I.D Road 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value would be Rs 49,00,000. The stamp duty at 7% would be Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, leading to a combined total of Rs 4,41,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers C.I.D Road 4th Street?

The Sub Registrar Office that covers C.I.D Road 4th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Purasaivakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay during the transaction process.

When selling or buying property, the guideline value ensures that the transaction is recorded at a fair value as determined by the government. This helps in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of C.I.D Road 4th Street?

The current guideline value of C.I.D Road 4th Street is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 2,600 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, marking an overall increase of 88% over the years.

What is the median guideline value in Purasaivakkam?

The median guideline value in Purasaivakkam is Rs 5,500 per sq.ft, which is above the current value of C.I.D Road 4th Street.

What are the stamp duty and registration fees for C.I.D Road 4th Street?

For a plot of 1,000 sq.ft, the total guideline value is Rs 49,00,000, leading to a stamp duty of Rs 3,43,000 and a registration fee of Rs 98,000, totaling Rs 4,41,000.

Which office handles property registrations for C.I.D Road 4th Street?

The Purasaivakkam Sub Registrar Office handles property registrations for C.I.D Road 4th Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.