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Guideline Value

Corporate

Guideline Value for D G I Layout Survey Road

₹3300/sq.ft.

The guideline value for D G I Layout Survey Road 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)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
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 Survey Road

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D G I Layout Survey Road guideline value

The current guideline value of D G I Layout Survey Road is Rs 3,300 per sq.ft, effective from 1 July 2024. This road is located in Kottivakkam village, under the Adayar SRO, and is classified as Residential Class III Type - I.

How the guideline value of D G I Layout Survey Road has changed

Over the years, the guideline value of D G I Layout Survey Road has seen significant changes. In 2002, the guideline value was Rs 510 per sq.ft, which increased to Rs 670 per sq.ft in 2003, marking a 31% rise. The value continued to rise to Rs 2,500 per sq.ft in 2007, reflecting a substantial increase of 273%. However, from 2007 to 2012, the value decreased to Rs 3,000 per sq.ft, a decline of 20%. In 2017, it saw a further increase to Rs 2,010 per sq.ft, followed by a rise to Rs 3,000 per sq.ft in 2023, and finally reaching Rs 3,300 per sq.ft in 2024, a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from 2002 to 2024, the guideline value has increased by 547%. There are no figures available for the years not mentioned in the register for this street.

Guideline values in Kottivakkam

Kottivakkam village consists of 284 streets under the Adayar SRO, with the 2024 guideline values ranging from Rs 1,700 to Rs 8,500 per sq.ft. The median guideline value in this area is Rs 3,900 per sq.ft, placing D G I Layout Survey Road's current value below that median.

Stamp duty and registration fee for property in D G I Layout Survey Road

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

You can also use the stamp duty and registration fee calculator for your convenience.

Which Sub Registrar Office covers D G I Layout Survey Road?

The Sub Registrar Office that covers D G I Layout Survey Road is 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 critical factor when buying or selling property in Kottivakkam, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees, which are mandatory during the property transaction process.

When registering a property, the buyer must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of D G I Layout Survey Road?

The current guideline value of D G I Layout Survey Road 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 increased significantly from Rs 510 per sq.ft in 2002 to Rs 3,300 per sq.ft in 2024, marking an overall increase of 547% over the years.

What is the stamp duty rate for properties in D G I Layout Survey Road?

The stamp duty rate for properties in D G I Layout Survey Road is 7% of the guideline value or the sale price, whichever is higher.

What is the registration fee for properties in this area?

The registration fee for properties in D G I Layout Survey Road is 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for D G I Layout Survey Road?

The Sub Registrar Office for D G I Layout Survey Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.