Guideline Value

Corporate

Guideline Value for COLLECTRATE COLONY 4TH CROSS STREET

₹5800/sq.ft.

The guideline value for Collectrate Colony 4th Cross Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5800 per sq.ft, effective 1 July 2024. It was Rs 5300 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5800 /sq.ft.
From 1-4-2023 ₹5300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3551 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[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 Collectrate Colony 4th Cross Street

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Collectrate Colony 4th Cross Street guideline value

The current guideline value of Collectrate Colony 4th Cross Street is Rs 5,800 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, classified as Residential Class I Type - I.

How the guideline value of Collectrate Colony 4th Cross Street has changed

The guideline value for Collectrate Colony 4th Cross Street has seen several revisions over the years. The 2007 revision set the value at Rs 1,500 per sq.ft, which increased significantly to Rs 5,300 per sq.ft in 2012. However, there was a decrease in the 2017 revision, bringing it down to Rs 3,551 per sq.ft. This trend reversed in the 2023 revision, where the value rose to Rs 5,300 per sq.ft, and further increased to Rs 5,800 per sq.ft in the 2024 revision, marking a 9% rise from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 287%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with the 2024 guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, which is equal to the 2024 guideline value of Collectrate Colony 4th Cross Street.

Stamp duty and registration fee for property in Collectrate Colony 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,800 per sq.ft, the total guideline value would be Rs 58,00,000. The stamp duty at 7% would be Rs 4,06,000, and the registration fee at 2% would be Rs 1,16,000, bringing the total to Rs 5,22,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Collectrate Colony 4th Cross Street?

The Sub Registrar Office covering Collectrate Colony 4th Cross Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Puliyur. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately.

When you proceed with a property transaction, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs that need to be accounted for during the registration process.

Frequently asked questions

What is the current guideline value of Collectrate Colony 4th Cross Street?

The current guideline value of Collectrate Colony 4th Cross Street is Rs 5,800 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 1,500 per sq.ft in 2007 to Rs 5,800 per sq.ft in 2024, marking an overall increase of 287% over the years.

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

Other streets in Puliyur with the same guideline value of Rs 5,800 per sq.ft in 2024 include Collectrate Colony 1st, 2nd, 3rd, 5th, and 6th Cross Streets, as well as Collectrate Colony Main Road.

What is the stamp duty rate for properties in Collectrate Colony 4th Cross Street?

The stamp duty rate for properties in Collectrate Colony 4th Cross Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Collectrate Colony 4th Cross Street?

The Sub Registrar Office for Collectrate Colony 4th Cross Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.