Guideline Value

Corporate

Guideline Value for DR. RAJENDRAPRASAD I STREET

₹5000/sq.ft.

The guideline value for Dr. Rajendraprasad I Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4600 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3082 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4600 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[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 Dr. Rajendraprasad I Street

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Dr. Rajendraprasad I Street guideline value

The current guideline value of Dr. Rajendraprasad I Street is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of Dr. Rajendraprasad I Street has changed

The guideline value for Dr. Rajendraprasad I Street has undergone several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 4,600 per sq.ft. This was followed by a decrease to Rs 3,082 per sq.ft in 2017. The 2023 revision saw an increase to Rs 4,600 per sq.ft, and the most recent revision in 2024 has set the value at Rs 5,000 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased by 49%. The overall change from 2012 to 2024 shows a modest increase of 9%.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, indicating that the 2024 guideline value for Dr. Rajendraprasad I Street is below this median.

Stamp duty and registration fee for property in Dr. Rajendraprasad I Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value amounts to Rs 50,00,000. The stamp duty at 7% would be Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, bringing the total cost to Rs 4,50,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dr. Rajendraprasad I Street?

The Sub Registrar Office that covers Dr. Rajendraprasad I Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Puliyur. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

During the registration process, the guideline value is compared with the sale price of the property, and the higher of the two amounts is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Dr. Rajendraprasad I Street?

The current guideline value of Dr. Rajendraprasad I Street is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,600 per sq.ft in 2012 to Rs 3,082 per sq.ft in 2017, then back to Rs 4,600 in 2023, and finally to Rs 5,000 in 2024.

What is the classification of Dr. Rajendraprasad I Street?

Dr. Rajendraprasad I Street is classified as Residential Class III Type - I.

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

The Kodambakkam Sub Registrar Office covers Dr. Rajendraprasad I Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is the stamp duty calculated for properties in Puliyur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 50,00,000 would incur a stamp duty of Rs 3,50,000 at 7%.