Guideline Value

Corporate

Guideline Value for C.I.D ROAD

₹4900/sq.ft.

The guideline value for C.i.d Road 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

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C.I.D Road guideline value

The current guideline value of C.I.D Road in Purasaivakkam village is Rs 4,900 per sq.ft, effective from 1 July 2024. This area falls under the Purasaivakkam SRO and is classified as Residential Class III Type - II.

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

The guideline value for C.I.D Road has seen several revisions over the years. In 2007, the value was Rs 2,600 per sq.ft, which increased to Rs 4,500 per sq.ft in 2012, marking a significant rise of 73%. However, the value then decreased to Rs 3,015 per sq.ft in 2017, a drop of 33%. From 2017 to 2023, the value surged to Rs 4,500 per sq.ft, reflecting a 49% increase. The most recent revision in 2024 set the guideline value at Rs 4,900 per sq.ft, a 9% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. 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 carry a 2024 guideline value ranging from Rs 2,200 to Rs 18,100 per sq.ft, with a median value of Rs 5,500 per sq.ft. The guideline value of C.I.D Road at Rs 4,900 per sq.ft is below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value is Rs 49,00,000. The stamp duty at 7% amounts to Rs 3,43,000, and the registration fee at 2% is Rs 98,000, bringing the total to Rs 4,41,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers C.I.D Road?

The C.I.D Road is covered by 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 critical factor in property transactions in Purasaivakkam. It serves as a benchmark for determining the minimum price at which properties can be registered, ensuring transparency in the sale process.

When you buy or sell a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

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

The current guideline value of C.I.D Road 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 from Rs 2,600 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, reflecting an overall increase of 88% over the years.

What is the stamp duty for property on C.I.D Road?

The stamp duty for property on C.I.D Road is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for C.I.D Road?

The Sub Registrar Office covering C.I.D Road is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

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

Other streets in Purasaivakkam with the same guideline value of Rs 4,900 per sq.ft include C.I.D Road 1st Street, C.I.D Road 2nd Street, C.I.D Road 3rd Street, and C.I.D Road 4th Street.