Guideline Value

Corporate

Guideline Value for DOSS AVENUE 1ST STREET

₹990/sq.ft.

The guideline value for Doss Avenue 1st Street in Kolathuvancheri village (Chennai South Joint I 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 Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kolathuvancheri

Village

Chennai South Joint I

SRO

Residential Class IV 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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Doss Avenue 1st Street

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Doss Avenue 1st Street guideline value

The current guideline value of Doss Avenue 1st Street is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Kolathuvancheri village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Doss Avenue 1st Street has changed

The guideline value for Doss Avenue 1st Street has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 990 per sq.ft, which is a 10% increase from Rs 900 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 603 per sq.ft, marking a significant increase of 49% from the previous revision in 2023.

In earlier revisions, the 2012 guideline value was Rs 900 per sq.ft, which indicated a decrease of 33% from the 2017 value. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kolathuvancheri

In Kolathuvancheri, there are a total of 146 streets under the Chennai South Joint I SRO that have a 2024 guideline value ranging from Rs 660 to Rs 4,600 per sq.ft. The median guideline value in this village is Rs 1,650 per sq.ft, placing Doss Avenue 1st Street's 2024 figure below that median.

Stamp duty and registration fee for property in Doss Avenue 1st Street

For a 1,000 sq.ft plot 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, and the registration fee at 2% would be Rs 19,800, making the total cost for these fees Rs 89,100. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Doss Avenue 1st Street?

The Sub Registrar Office that covers Doss Avenue 1st Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Kolathuvancheri. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on a standardized value established by the authorities.

When a property transaction takes place, the guideline value is compared to the sale price. The higher of the two values is used to determine the applicable duties and fees, ensuring compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Doss Avenue 1st Street?

The current guideline value of Doss Avenue 1st Street 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 2023 to Rs 990 per sq.ft in 2024, a 10% increase. It was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012.

What is the median guideline value in Kolathuvancheri?

The median guideline value in Kolathuvancheri is Rs 1,650 per sq.ft, which is higher than the current value of Doss Avenue 1st Street.

Where is the Sub Registrar Office located for Doss Avenue 1st Street?

The Sub Registrar Office for Doss Avenue 1st Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is the stamp duty calculated for properties in Doss Avenue 1st Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 69,300.