Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Kasthuribai Nagar 1st Main Road

₹15400/sq.ft.

The guideline value for Kasthuribai Nagar 1st Main Road in Pallipattu village (Adayar SRO, Chennai zone) is Rs 15400 per sq.ft, effective 1 July 2024. It was Rs 14000 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

Pallipattu

Village

Adayar

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹15400 /sq.ft.
From 1-4-2023 ₹14000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9380 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹10000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹2291 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹917 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[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 Kasthuribai Nagar 1st Main Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kasthuribai Nagar 1st Main Road guideline value

The current guideline value of Kasthuribai Nagar 1st Main Road is Rs 15,400 per sq.ft, effective from 1 July 2024. This street is located in Pallipattu village under the Adayar SRO and is classified as Commercial Class I Type - I.

How the guideline value of Kasthuribai Nagar 1st Main Road has changed

The guideline value for Kasthuribai Nagar 1st Main Road has undergone several revisions over the years. In 2002, the value was Rs 917 per sq.ft, which increased significantly to Rs 2,291 per sq.ft in 2003, marking a change of +150%. The value continued to rise, reaching Rs 10,000 per sq.ft in 2007, an increase of +336%. In 2012, the value was Rs 14,000 per sq.ft, showing a decrease of -33% from the previous revision. The value then dropped to Rs 9,380 per sq.ft in 2017, before rising again to Rs 14,000 per sq.ft in 2023, and finally reaching the current figure of Rs 15,400 per sq.ft in 2024, reflecting a change of +10% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +1579%. The register has no figure for this street in the revisions for the years not mentioned.

Guideline values in Pallipattu

Pallipattu village has a total of 72 streets under the Adayar SRO, with guideline values ranging from Rs 3,300 to Rs 15,400 per sq.ft. The median guideline value in this area is Rs 9,400 per sq.ft, placing the 2024 figure for Kasthuribai Nagar 1st Main Road above this median.

Stamp duty and registration fee for property in Kasthuribai Nagar 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 15,400 per sq.ft, the total guideline value amounts to Rs 1,54,00,000. The stamp duty at 7% would be Rs 10,78,000, and the registration fee at 2% would be Rs 3,08,000, bringing the total cost for these fees to Rs 13,86,000. 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 Kasthuribai Nagar 1st Main Road?

The Sub Registrar Office that covers Kasthuribai Nagar 1st Main Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pallipattu. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers should be aware of the guideline value to ensure they are prepared for the associated costs.

Additionally, the guideline value serves as a reference point for property transactions, ensuring that the values are consistent and transparent. It is important for buyers to understand how this value affects their financial obligations during the purchase process.

Frequently asked questions

What is the current guideline value of Kasthuribai Nagar 1st Main Road?

The current guideline value of Kasthuribai Nagar 1st Main Road is Rs 15,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 917 per sq.ft in 2002 to Rs 15,400 per sq.ft in 2024, reflecting an overall increase of +1579% over the years.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 13,86,000, based on the current guideline value.

Which Sub Registrar Office covers this area?

The Adayar Sub Registrar Office covers Kasthuribai Nagar 1st Main Road, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What is the median guideline value in Pallipattu?

The median guideline value in Pallipattu is Rs 9,400 per sq.ft, with Kasthuribai Nagar 1st Main Road's value being above this median.