Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Church Street (Ottakapalayam)

₹4400/sq.ft.

The guideline value for Church Street (ottakapalayam) in Kodambakkam village (Ashok Nagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodambakkam

Village

Ashok Nagar

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1210 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561082
[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 Church Street (ottakapalayam)

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 Street (Ottakapalayam) guideline value

The current guideline value of Church Street (Ottakapalayam) is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Kodambakkam village and falls under the Ashok Nagar SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Church Street (Ottakapalayam) has changed

The guideline value for Church Street (Ottakapalayam) has experienced several revisions over the years. In the 2007 revision, the guideline value was Rs 1,210 per sq.ft. This increased significantly to Rs 4,000 per sq.ft in the 2012 revision, marking a rise of 231%. However, in the 2017 revision, the value dropped to Rs 2,680 per sq.ft, reflecting a decrease of 33%. The value then rose again to Rs 4,000 per sq.ft in the 2023 revision, and subsequently increased to Rs 4,400 per sq.ft in the 2024 revision, which is a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 264%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Kodambakkam

Kodambakkam village has a total of 1,031 streets under the Ashok Nagar SRO, with the 2024 guideline values ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value for these streets is Rs 4,900 per sq.ft, which means that the guideline value of Church Street (Ottakapalayam) is below this median.

Stamp duty and registration fee for property in Church Street (Ottakapalayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would amount to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, leading to a total of Rs 3,96,000 for these fees. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Church Street (Ottakapalayam)?

The Sub Registrar Office that covers Church Street (Ottakapalayam) is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Kodambakkam, as it determines the amount of stamp duty and registration fees payable. The guideline value serves as a benchmark for property transactions, ensuring that the government receives the appropriate revenue from property sales.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that all property transactions are recorded accurately and fairly in accordance with the established guidelines.

Frequently asked questions

What is the current guideline value of Church Street (Ottakapalayam)?

The current guideline value of Church Street (Ottakapalayam) is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,210 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, showing an overall increase of 264% over the years.

What is the land classification for Church Street (Ottakapalayam)?

The land classification for Church Street (Ottakapalayam) is Residential Class III Type - III.

Where can I find the Sub Registrar Office for Church Street (Ottakapalayam)?

The Ashok Nagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is stamp duty calculated for property transactions in Kodambakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price. The current rate is 7%, and there is also a registration fee of 2% applicable on the guideline value or sale price.