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Guideline Value

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Guideline Value for Crist Colony ( Dr.Abdulkalam Road)

₹990/sq.ft.

The guideline value for Crist Colony ( Dr.abdulkalam Road) in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Crist Colony ( Dr.abdulkalam Road)

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Crist Colony ( Dr.Abdulkalam Road) guideline value

The current guideline value for Crist Colony ( Dr.Abdulkalam Road) is Rs 990 per sq.ft, effective from 1 July 2024. This area falls under Kovilpathagai village and is classified as Residential Class I Type - II. The guideline value is set by the Ambattur SRO.

How the guideline value of Crist Colony ( Dr.Abdulkalam Road) has changed

The guideline value for Crist Colony ( Dr.Abdulkalam Road) has undergone several revisions over the years. In 2012, the value was Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. However, from 2017 to 2023, the value saw a significant increase of 49%, bringing it to Rs 900 per sq.ft. The most recent revision in 2024 set the value at Rs 990 per sq.ft, marking a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for these streets is Rs 870 per sq.ft, placing Crist Colony ( Dr.Abdulkalam Road) above this median.

Stamp duty and registration fee for property in Crist Colony ( Dr.Abdulkalam Road)

For a property size of 1,000 sq.ft at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, while the registration fee at 2% would be Rs 19,800, bringing the total fees together to Rs 89,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Crist Colony ( Dr.Abdulkalam Road)?

The Sub Registrar Office that covers Crist Colony ( Dr.Abdulkalam Road) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Kovilpathagai. It is used to determine the stamp duty and registration fees that are applicable during the registration process. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two values is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Crist Colony ( Dr.Abdulkalam Road)?

The current guideline value for Crist Colony ( Dr.Abdulkalam Road) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and finally to Rs 990 per sq.ft in 2024.

What is the land classification for Crist Colony ( Dr.Abdulkalam Road)?

Crist Colony ( Dr.Abdulkalam Road) is classified as Residential Class I Type - II.

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

The Sub Registrar Office for Crist Colony ( Dr.Abdulkalam Road) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Kovilpathagai?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 9,90,000, the stamp duty at 7% would be Rs 69,300.