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Guideline Value

Corporate

Guideline Value for Chella Pillaiyar Koil 1st Street / Lane

₹6600/sq.ft.

The guideline value for Chella Pillaiyar Koil 1st Street / Lane in Triplicane village (Triplicane SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Triplicane

Village

Triplicane

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹6000 /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)

No.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28611761
[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 Chella Pillaiyar Koil 1st Street / Lane

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Chella Pillaiyar Koil 1st Street / Lane guideline value

The current guideline value of Chella Pillaiyar Koil 1st Street / Lane is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village, under the Triplicane SRO, classified as Residential Class I Type - I.

How the guideline value of Chella Pillaiyar Koil 1st Street / Lane has changed

The guideline value for Chella Pillaiyar Koil 1st Street / Lane has seen a revision in 2024, where it increased to Rs 6,600 per sq.ft from Rs 6,000 per sq.ft in 2023, marking a 10% increase. Prior to this, the value remained unchanged at Rs 6,000 per sq.ft from the 2012 revision until 2023. There are no figures available for the years 2002, 2003, 2007, and 2017 in the register for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value increased by 10%. The consistent value from 2012 to 2023 indicates stability before the recent adjustment in 2024.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO that carry a 2024 guideline value ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median value is Rs 6,600 per sq.ft, which is equal to the current guideline value of Chella Pillaiyar Koil 1st Street / Lane.

Stamp duty and registration fee for property in Chella Pillaiyar Koil 1st Street / Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. 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 precise calculations.

Which Sub Registrar Office covers Chella Pillaiyar Koil 1st Street / Lane?

The Sub Registrar Office that covers Chella Pillaiyar Koil 1st Street / Lane is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for more information.

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

The guideline value is a critical component in the property registration process in Triplicane. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value serves as a baseline figure, ensuring that the transaction is documented accurately in accordance with government regulations. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Chella Pillaiyar Koil 1st Street / Lane?

The current guideline value of Chella Pillaiyar Koil 1st Street / Lane is Rs 6,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased by 10% from Rs 6,000 per sq.ft in 2023 to Rs 6,600 per sq.ft in 2024.

What is the land classification for Chella Pillaiyar Koil 1st Street / Lane?

Chella Pillaiyar Koil 1st Street / Lane is classified as Residential Class I Type - I.

Where can I find the Triplicane Sub Registrar Office?

The Triplicane Sub Registrar Office is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How is the stamp duty calculated for properties in Triplicane?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 66,00,000 would incur a stamp duty of Rs 4,62,000 at 7%.