Guideline Value

Corporate

Guideline Value for C.P.D 1st Main Road

₹3900/sq.ft.

The guideline value for C.p.d 1st Main Road in Kazhikundram village (Adayar SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kazhikundram

Village

Adayar

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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)

51, Kamaraj Avenue,second Street, Adyar, Chennai-20
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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.p.d 1st Main Road

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C.P.D 1st Main Road guideline value

The current guideline value of C.P.D 1st Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024. This road is located in Kazhikundram village under the Adayar SRO and falls under the Residential Class III Type - I land classification.

How the guideline value of C.P.D 1st Main Road has changed

The guideline value for C.P.D 1st Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 3,500 per sq.ft, which then dropped to Rs 2,345 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 3,500 per sq.ft, and the most recent 2024 revision raised it further to Rs 3,900 per sq.ft.

Between the revisions, the changes were significant. From 2012 to 2017, there was a decrease of 33%, while from 2017 to 2023, the value increased by 49%. The change from 2023 to 2024 reflects an increase of 11%. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Kazhikundram

Kazhikundram village has 68 streets under the Adayar SRO, with guideline values ranging from Rs 2,800 to Rs 12,700 per sq.ft in 2024. The median guideline value for these streets is Rs 6,600 per sq.ft, placing C.P.D 1st Main Road's 2024 figure below that median.

Stamp duty and registration fee for property in C.P.D 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value would be Rs 39,00,000. The stamp duty at 7% would amount to Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, making the total cost for these fees Rs 3,51,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers C.P.D 1st Main Road?

The Sub Registrar Office that covers C.P.D 1st Main Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kazhikundram, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with legal requirements.

During the registration process, the guideline value is used to calculate applicable fees such as stamp duty and registration charges. This ensures that all transactions are transparent and adhere to the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of C.P.D 1st Main Road?

The current guideline value of C.P.D 1st Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, then to Rs 3,500 per sq.ft in 2023, and finally to Rs 3,900 per sq.ft in 2024.

What is the land classification for C.P.D 1st Main Road?

C.P.D 1st Main Road is classified as Residential Class III Type - I.

Where can I find the registration office for C.P.D 1st Main Road?

The registration office for C.P.D 1st Main Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is stamp duty calculated for properties in Kazhikundram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 39,00,000, the stamp duty would be Rs 2,73,000 at a rate of 7%.