Guideline Value

Corporate

Guideline Value for C.P.D. 2nd Cross Street

₹3900/sq.ft.

The guideline value for C.p.d. 2nd Cross Street 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 ₹2750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹654 /sq.ft.
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. 2nd Cross 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.P.D. 2nd Cross Street guideline value

The current guideline value of C.P.D. 2nd Cross Street in Kazhikundram village, under the Adayar SRO, is Rs 3,900 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class III Type - I land classification.

How the guideline value of C.P.D. 2nd Cross Street has changed

The guideline value for C.P.D. 2nd Cross Street has undergone several revisions over the years. In 2003, the value was Rs 654 per sq.ft, which saw a significant increase to Rs 2,750 per sq.ft in 2007. Following this, the value decreased to Rs 3,500 per sq.ft in 2012, before dropping to Rs 2,345 per sq.ft in 2017. The value then rose sharply to Rs 3,500 per sq.ft in 2023, and finally reached Rs 3,900 per sq.ft in 2024, marking an increase of 11% from the previous year.

From 2017 to 2023, the guideline value increased by 49%. The period from 2012 to 2017 saw a decrease of 33%, while the value increased by 27% from 2007 to 2012. Notably, there was a substantial increase of 320% from 2003 to 2007. Overall, from 2003 to 2024, the guideline value has increased by 496%. The register has no figure for the year 2002 for this street.

Guideline values in Kazhikundram

Kazhikundram village has a range of guideline values across its 68 streets under the Adayar SRO, with figures for 2024 ranging from Rs 2,800 to Rs 12,700 per sq.ft. The median guideline value in the village is Rs 6,600 per sq.ft, placing C.P.D. 2nd Cross Street's 2024 figure below that median.

Stamp duty and registration fee for property in C.P.D. 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total to Rs 3,51,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.P.D. 2nd Cross Street?

The Sub Registrar Office that covers C.P.D. 2nd Cross Street 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 details.

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

The guideline value plays a crucial role when buying or selling property in Kazhikundram. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

When a property transaction occurs, the guideline value is used to calculate the applicable fees, ensuring that both parties are aware of the financial implications of the sale. It is essential to refer to the latest guideline values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of C.P.D. 2nd Cross Street?

The current guideline value of C.P.D. 2nd Cross Street 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 seen several changes, increasing from Rs 654 per sq.ft in 2003 to Rs 3,900 per sq.ft in 2024, marking an overall increase of 496% over this period.

What is the stamp duty for properties in C.P.D. 2nd Cross Street?

The stamp duty for properties in C.P.D. 2nd Cross Street is calculated at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for C.P.D. 2nd Cross Street?

The Sub Registrar Office for C.P.D. 2nd Cross Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What is the median guideline value in Kazhikundram?

The median guideline value in Kazhikundram is Rs 6,600 per sq.ft, with C.P.D. 2nd Cross Street's value being below this median at Rs 3,900 per sq.ft.