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Guideline Value

Corporate

Guideline Value for DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET

₹6300/sq.ft.

The guideline value for Dr. Subbarayan Nagar Main Road (or) Samiyar Madam Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 6300 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹6300 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹3886 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1650 /sq.ft.
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. Subbarayan Nagar Main Road (or) Samiyar Madam Street

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DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET guideline value

The current guideline value of DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET is Rs 6,300 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village and falls under the Kodambakkam SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET has changed

The guideline value has seen several revisions over the years. In 2007, the value was Rs 1,650 per sq.ft, which increased significantly to Rs 5,800 per sq.ft in 2012, marking a rise of 252%. However, between 2012 and 2017, the value decreased to Rs 3,886 per sq.ft, a reduction of 33%. The latest revision in 2024 set the value at Rs 6,300 per sq.ft, reflecting a substantial increase of 62% from the 2017 figure.

It is important to note that there are no figures available for the years 2023, 2003, and 2002 for this street. Overall, from 2007 to 2024, the guideline value has increased by 282%.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value in this area is Rs 5,800 per sq.ft, and the guideline value for DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET is above this median.

Stamp duty and registration fee for property in DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 6,300 per sq.ft, the total guideline value amounts to Rs 63,00,000. The stamp duty at 7% would be Rs 4,41,000, and the registration fee at 2% would be Rs 1,26,000, leading to a total of Rs 5,67,000. It is essential to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET?

The Sub Registrar Office that covers DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM 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 benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the total costs involved, ensuring that the appropriate fees are paid based on the official valuation of the property. This helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET?

The current guideline value of DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET is Rs 6,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,650 per sq.ft in 2007 to Rs 6,300 per sq.ft in 2024, reflecting an overall increase of 282% over the years.

What is the land classification for this street?

The land classification for DR. SUBBARAYAN NAGAR MAIN ROAD (or) SAMIYAR MADAM STREET is Residential Special Type - III.

Where can I find the Kodambakkam Sub Registrar Office?

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

How is the stamp duty calculated for properties in this area?

The stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For instance, a property valued at Rs 63,00,000 would incur a stamp duty of Rs 4,41,000 at 7%.