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Guideline Value

Corporate

Guideline Value for Church of South India Block 26

₹4900/sq.ft.

The guideline value for Church Of South India Block 26 in Kodambakkam village (Ashok Nagar SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodambakkam

Village

Ashok Nagar

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /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 Of South India Block 26

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Church of South India Block 26 guideline value

The current guideline value for Church of South India Block 26 is Rs 4,900 per sq.ft, effective from 1 July 2024. This property is located in Kodambakkam village and falls under the Ashok Nagar SRO with a land classification of Residential Class III Type - II.

How the guideline value of Church of South India Block 26 has changed

The guideline value for Church of South India Block 26 has seen several revisions over the years. The earliest recorded revision was in 2007, with a guideline value of Rs 1,210 per sq.ft. This value increased significantly to Rs 4,500 per sq.ft in 2012, marking a 272% rise. However, it then dropped to Rs 3,015 per sq.ft in 2017, a decrease of 33%. The value saw a substantial increase to Rs 4,500 per sq.ft in 2023, which was a 49% rise. The current value of Rs 4,900 per sq.ft in 2024 reflects a 9% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 305%.

Guideline values in Kodambakkam

Kodambakkam has a range of guideline values across its 1,031 streets under the Ashok Nagar SRO, with values ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value is Rs 4,900 per sq.ft, which is equal to the current guideline value for Church of South India Block 26.

Stamp duty and registration fee for property in Church of South India Block 26

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value amounts to Rs 49,00,000. The stamp duty at 7% would be Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, totaling Rs 4,41,000. 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 information.

Which Sub Registrar Office covers Church of South India Block 26?

The Church of South India Block 26 is covered by the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for further assistance.

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

The guideline value is an essential factor when registering a property in Kodambakkam. It determines the minimum value at which a property can be sold or bought, ensuring that the transaction is recorded accurately and fairly in the official records.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Church of South India Block 26?

The current guideline value of Church of South India Block 26 is Rs 4,900 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 4,900 per sq.ft in 2024, reflecting an overall increase of 305% over the years.

What is the stamp duty for properties in Church of South India Block 26?

The stamp duty for properties in Church of South India Block 26 is 7% of the guideline value or the sale price, whichever is higher.

Where is the Ashok Nagar Sub Registrar Office located?

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

What are the guideline values of other streets in Kodambakkam?

Other streets in Kodambakkam have varying guideline values, for example, Church Street (Ottakapalayam) is Rs 4,400 per sq.ft, while Choolai Pallam is Rs 2,700 per sq.ft.