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Guideline Value

Corporate

Guideline Value for Chella Pillaiyar Koil 2nd Street / Lane

₹6600/sq.ft.

The guideline value for Chella Pillaiyar Koil 2nd 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 2nd Street / Lane

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Chella Pillaiyar Koil 2nd Street / Lane guideline value

The current guideline value of Chella Pillaiyar Koil 2nd 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, and is classified as Residential Class I Type - I.

How the guideline value of Chella Pillaiyar Koil 2nd Street / Lane has changed

In the 2012 revision, the guideline value for Chella Pillaiyar Koil 2nd Street / Lane was Rs 6,000 per sq.ft. This figure remained unchanged in the 2023 revision, but in the 2024 revision, it increased to Rs 6,600 per sq.ft, marking a 10% rise from the previous year. Overall, from 2012 to 2024, the guideline value has increased by 10%.

The register has no figures for the years 2002, 2003, 2007, and 2017 for this street. Therefore, the only revisions with recorded figures are from 2012, 2023, and 2024.

Guideline values in Triplicane

In Triplicane village, 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 2024 figure for Chella Pillaiyar Koil 2nd Street / Lane.

Stamp duty and registration fee for property in Chella Pillaiyar Koil 2nd Street / Lane

For a 1,000 sq.ft plot at the current rate of Rs 6,600 per sq.ft, the guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, while the registration fee at 2% would be Rs 1,32,000, making the total Rs 5,94,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chella Pillaiyar Koil 2nd Street / Lane?

The Sub Registrar Office that covers Chella Pillaiyar Koil 2nd 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 details.

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

The guideline value is a crucial factor in property transactions in Triplicane, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

During the registration process, buyers and sellers must provide the guideline value when submitting their documents. This ensures transparency and consistency in property transactions, helping to maintain an organized real estate market in the region.

Frequently asked questions

What is the current guideline value of Chella Pillaiyar Koil 2nd Street / Lane?

The current guideline value of Chella Pillaiyar Koil 2nd Street / Lane is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,000 per sq.ft in 2012 to Rs 6,600 per sq.ft in 2024, reflecting a 10% increase. There was no change in the value from 2012 to 2023.

What is the land classification for Chella Pillaiyar Koil 2nd Street / Lane?

Chella Pillaiyar Koil 2nd Street / Lane is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Chella Pillaiyar Koil 2nd Street / Lane is the Triplicane Sub Registrar Office, 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 guideline value or the sale price, whichever is higher. For example, a property valued at Rs 66,00,000 would incur a stamp duty of Rs 4,62,000 at a rate of 7%.