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Guideline Value

Corporate

Guideline Value for Industrial Estate (Thozhil Pettai)

₹4401/sq.ft.

The guideline value for Industrial Estate (thozhil Pettai) in 5. Athipattu village (Konnur SRO, Chennai zone) is Rs 4401 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Industries Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

5. Athipattu

Village

Konnur

SRO

Industries Type - I
History
Period Guideline Value
From 1-7-2024 ₹4401 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Industrial Estate (thozhil Pettai)

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Industrial Estate (Thozhil Pettai) guideline value

The current guideline value for Industrial Estate (Thozhil Pettai) is Rs 4,401 per sq.ft, effective from 1 July 2024. This area is located in 5. Athipattu village under the Konnur SRO, classified as Industries Type - I.

How the guideline value of Industrial Estate (Thozhil Pettai) has changed

Since the 2017 revision, the guideline value has seen significant increases. In 2017, the value was Rs 2,680 per sq.ft, which rose to Rs 4,000 per sq.ft in 2023, marking a 49% increase. The most recent revision in 2024 has further increased the value to Rs 4,401 per sq.ft, reflecting a 10% rise from 2023.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in 5. Athipattu

In 5. Athipattu village, there are 119 streets under the Konnur SRO with guideline values ranging from Rs 1,100 to Rs 7,650 per sq.ft. The guideline value for Industrial Estate (Thozhil Pettai) is above the median value of Rs 2,200 per sq.ft for this area.

Stamp duty and registration fee for property in Industrial Estate (Thozhil Pettai)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,401 per sq.ft, the total guideline value is Rs 44,01,000. The stamp duty at 7% would be Rs 3,08,070, and the registration fee at 2% would be Rs 88,020, making the total cost for these fees Rs 3,96,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Industrial Estate (Thozhil Pettai)?

The Sub Registrar Office that covers Industrial Estate (Thozhil Pettai) is the Konnur Sub Registrar Office. The address is Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, Chennai registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is an essential factor when registering property in 5. Athipattu. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory during the property transaction process.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately, reflecting the legal value of the property. This value is critical for both buyers and sellers to understand their financial obligations during registration.

Frequently asked questions

What is the current guideline value for Industrial Estate (Thozhil Pettai)?

The current guideline value for Industrial Estate (Thozhil Pettai) is Rs 4,401 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,680 per sq.ft in 2017 to Rs 4,401 per sq.ft in 2024, showing a total increase of 64% over this period.

What are the guideline values for other streets in 5. Athipattu?

Other streets in 5. Athipattu have varying guideline values, with rates ranging from Rs 1,100 to Rs 7,650 per sq.ft. For example, Indira Gandhi Street has a value of Rs 2,200 per sq.ft, while Jeswanth Nagar is at Rs 4,400 per sq.ft.

What is the stamp duty rate for properties in Industrial Estate (Thozhil Pettai)?

The stamp duty rate for properties in Industrial Estate (Thozhil Pettai) is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Industrial Estate (Thozhil Pettai)?

The Konnur Sub Registrar Office covers Industrial Estate (Thozhil Pettai) and is located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.