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Guideline Value

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Guideline Value for Chella Pillaiyar Koil 3rd Street / Lane

₹6600/sq.ft.

The guideline value for Chella Pillaiyar Koil 3rd 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 3rd Street / Lane

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Chella Pillaiyar Koil 3rd Street / Lane guideline value

The current guideline value of Chella Pillaiyar Koil 3rd 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 falls under the Residential Class I Type - I land classification.

How the guideline value of Chella Pillaiyar Koil 3rd Street / Lane has changed

Looking at the revisions, the guideline value for Chella Pillaiyar Koil 3rd Street / Lane was Rs 6,000 per sq.ft in both the 2012 and 2023 revisions. The most recent revision in 2024 saw an increase to Rs 6,600 per sq.ft, which represents a 10% rise from the previous year's figure. Notably, there are no figures available for the years 2002, 2003, 2007, and 2017 in the register for this street.

From the 2012 revision to the 2024 revision, the overall change is also a 10% increase. The guideline value remained stable from 2012 to 2023, indicating no change during that period.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO, with the 2024 guideline values ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value for these streets is Rs 6,600 per sq.ft, which is equal to the current value of Chella Pillaiyar Koil 3rd Street / Lane.

Stamp duty and registration fee for property in Chella Pillaiyar Koil 3rd 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, and the registration fee at 2% would be Rs 1,32,000. Together, the total cost for these fees would be Rs 5,94,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chella Pillaiyar Koil 3rd Street / Lane?

The Sub Registrar Office that covers Chella Pillaiyar Koil 3rd Street / Lane is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions, as it serves as the basis for calculating stamp duty and registration fees. When buying or selling property, the guideline value is assessed to ensure that the transaction is recorded accurately and legally.

During the registration process, the guideline value helps determine the financial obligations of the buyer. It is essential for buyers and sellers to be aware of the guideline value to understand their potential costs during a property transaction.

Frequently asked questions

What is the current guideline value of Chella Pillaiyar Koil 3rd Street / Lane?

The current guideline value of Chella Pillaiyar Koil 3rd 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 increased from Rs 6,000 per sq.ft in 2012 and 2023 to Rs 6,600 per sq.ft in 2024, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, and 2017 for this street.

What are the stamp duty and registration fees for property in this area?

For a property valued at 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. Duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Chella Pillaiyar Koil 3rd Street / Lane?

The Triplicane Sub Registrar Office covers Chella Pillaiyar Koil 3rd Street / Lane, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

What is the land classification for Chella Pillaiyar Koil 3rd Street / Lane?

Chella Pillaiyar Koil 3rd Street / Lane falls under the Residential Class I Type - I land classification, indicating its suitability for residential purposes.