Guideline Value

Corporate

Guideline Value for Church Colony

₹110/sq.ft.

The guideline value for Church Colony in Sothupuruampedu village (Redhills SRO, Chennai zone) is Rs 110 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sothupuruampedu

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹110 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹50 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Church Colony

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

Church Colony guideline value

The current guideline value of Church Colony, located in Sothupuruampedu village under the Redhills SRO, is Rs 110 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Church Colony has changed

Over the years, the guideline value for Church Colony has seen several revisions. The earliest recorded value was Rs 50 per sq.ft in 2007, which increased to Rs 100 per sq.ft in 2012. Following this, there was a decrease to Rs 67 per sq.ft in 2017. The value then rose significantly to Rs 100 per sq.ft in 2023, and further increased to the current rate of Rs 110 per sq.ft in 2024. The register has no figures for the years 2002 and 2003 for this street.

In terms of percentage changes, the guideline value rose by 100% from 2007 to 2012, then decreased by 33% from 2012 to 2017. After that, it increased by 49% from 2017 to 2023 and saw a further rise of 10% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Sothupuruampedu

In Sothupuruampedu, there are 15 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 110 to Rs 500 per sq.ft, with a median of Rs 220 per sq.ft. Church Colony's current figure of Rs 110 per sq.ft is below this median.

Stamp duty and registration fee for property in Church Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 110 per sq.ft, the total guideline value amounts to Rs 1,10,000. The stamp duty at 7% would be Rs 7,700, and the registration fee at 2% would be Rs 2,200, bringing the total cost for these fees to Rs 9,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Church Colony?

The Sub Registrar Office that covers Church Colony is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sothupuruampedu. It determines the minimum value at which the property can be registered, ensuring that transactions are conducted at a fair price as per government regulations.

When a buyer and seller agree on a sale price, the higher of the guideline value and the sale price is used to calculate the stamp duty and registration fees. This ensures that all transactions are transparent and adhere to the legal requirements set by the Registration Department.

Frequently asked questions

What is the current guideline value of Church Colony?

The current guideline value of Church Colony is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 50 per sq.ft in 2007 to Rs 110 per sq.ft in 2024, reflecting an overall increase of 120% over the years.

What is the land classification of Church Colony?

Church Colony is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Church Colony?

The stamp duty is charged at 7% and the registration fee at 2% based on the higher of the guideline value or the sale price. For a 1,000 sq.ft plot, these fees total Rs 9,900.

Which office handles registrations for Church Colony?

The Redhills Sub Registrar Office is responsible for handling registrations for Church Colony, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.