Guideline Value for KOTTIVAKKAM KUPPAM ROAD

₹12660/sq.ft.

The guideline value for Kottivakkam Kuppam Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 12660 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹12660 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2082 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1544 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1396 /sq.ft.
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 Kottivakkam Kuppam Road

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Kottivakkam Kuppam Road guideline value

The current guideline value of Kottivakkam Kuppam Road is Rs 12,660 per sq.ft, effective from 1 July 2024. This road is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Kottivakkam Kuppam Road has changed

Over the years, the guideline value of Kottivakkam Kuppam Road has seen significant changes. Starting from Rs 1,396 per sq.ft in 2002, it increased to Rs 1,544 per sq.ft in 2003, marking an increase of 11%. By 2007, the value surged to Rs 2,082 per sq.ft, reflecting a 35% rise. The value then experienced a substantial jump to Rs 7,705 per sq.ft in 2012, which was a 452% increase. However, it decreased to Rs 7,705 per sq.ft in 2017, showing a decline of 33%. The guideline value then rose to Rs 11,500 per sq.ft in 2023, a notable increase of 49%, and currently stands at Rs 12,660 per sq.ft in 2024, which is a 10% increase from the previous year.

There are no figures available for the revisions in the years not listed. The overall increase from 2002 to 2024 is 807%, highlighting the significant changes in the guideline value over the years.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. Kottivakkam Kuppam Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Kottivakkam Kuppam Road

For a 1,000 sq.ft plot at the current guideline value of Rs 12,660 per sq.ft, the total guideline value amounts to Rs 1,26,60,000. The stamp duty at 7% would be Rs 8,86,200, and the registration fee at 2% would be Rs 2,53,200, bringing the total to Rs 11,39,400. 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 Kottivakkam Kuppam Road?

Kottivakkam Kuppam Road is covered by 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 details.

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

The guideline value is a crucial factor when registering property transactions in Thiruvanmiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and that the appropriate taxes are collected. It is essential for both buyers and sellers to be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Kottivakkam Kuppam Road?

The current guideline value of Kottivakkam Kuppam Road is Rs 12,660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,396 per sq.ft in 2002 to Rs 12,660 per sq.ft in 2024, marking a total increase of 807% over the years.

What is the stamp duty rate for property in Kottivakkam Kuppam Road?

The stamp duty rate for property transactions in Kottivakkam Kuppam Road is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Kottivakkam Kuppam Road located?

The Chennai South Joint I Sub Registrar Office is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

What are the guideline values for other streets in Thiruvanmiyur?

The guideline values for other streets in Thiruvanmiyur vary, with Kumanan Street at Rs 11,000 per sq.ft and several streets in Kumaraguru Colony at Rs 7,150 per sq.ft as of 2024.