Guideline Value

Corporate

Guideline Value for D G I Layout 4th Street

₹3300/sq.ft.

The guideline value for D G I Layout 4th Street in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹670 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹510 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

51, Kamaraj Avenue,second Street, Adyar, Chennai-20
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 D G I Layout 4th Street

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D G I Layout 4th Street guideline value

The current guideline value for D G I Layout 4th Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village under the Adayar SRO, classified as Residential Class III Type - I.

How the guideline value of D G I Layout 4th Street has changed

The guideline value for D G I Layout 4th Street has seen several revisions over the years. In 2002, the guideline value was Rs 510 per sq.ft, which increased to Rs 670 per sq.ft in 2003, marking a change of +31%. The value then experienced a significant rise to Rs 2,500 per sq.ft in 2007, reflecting a +273% increase. Following this, the value decreased to Rs 3,000 per sq.ft in 2012, which was a -33% change. In 2017, the value rose to Rs 2,010 per sq.ft, and then it saw a substantial increase to Rs 3,000 per sq.ft in 2023, before reaching the current value of Rs 3,300 per sq.ft in 2024, which is a +10% change from the previous year.

There are no figures available for D G I Layout 4th Street for the years not mentioned in the revisions. Overall, from 2002 to 2024, the guideline value has increased by +547%.

Guideline values in Kottivakkam

In Kottivakkam, there are 284 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 8,500 per sq.ft, with a median value of Rs 3,900 per sq.ft. D G I Layout 4th Street's current guideline value is below this median.

Stamp duty and registration fee for property in D G I Layout 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total fees to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more calculations.

Which Sub Registrar Office covers D G I Layout 4th Street?

The D G I Layout 4th Street falls under the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kottivakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that both parties are aware of the costs involved in the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall expenses related to the property transaction. Understanding the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of D G I Layout 4th Street?

The current guideline value of D G I Layout 4th Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 510 per sq.ft in 2002 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of +547% over the years.

What are the other streets in Kottivakkam with similar guideline values?

Other streets in Kottivakkam with a guideline value of Rs 3,300 per sq.ft in 2024 include D G I Layout Main Road and D G I Layout Survey Road.

What are the fees associated with buying property in D G I Layout 4th Street?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

Which office handles property registration for D G I Layout 4th Street?

The Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20, handles property registration for D G I Layout 4th Street.