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

Guideline Value

Corporate

Guideline Value for Kasthuribai Nagar 4th Main Road

₹9400/sq.ft.

The guideline value for Kasthuribai Nagar 4th Main Road in Pallipattu village (Adayar SRO, Chennai zone) is Rs 9400 per sq.ft, effective 1 July 2024. It was Rs 8500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallipattu

Village

Adayar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹9400 /sq.ft.
From 1-4-2023 ₹8500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5695 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹8500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹4000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹2294 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹2086 /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 4th 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 4th Main Road guideline value

The current guideline value of Kasthuribai Nagar 4th Main Road is Rs 9,400 per sq.ft. This street is located in Pallipattu village, under the Adayar SRO, and is classified as Residential Special Type - I.

How the guideline value of Kasthuribai Nagar 4th Main Road has changed

The guideline value for Kasthuribai Nagar 4th Main Road has undergone several revisions since 2002. In 2002, the guideline value was Rs 2,086 per sq.ft, which increased to Rs 2,294 per sq.ft in 2003. Following this, the value saw a significant rise to Rs 4,000 per sq.ft in 2007, and further increased to Rs 8,500 per sq.ft in 2012. However, in 2017, the value decreased to Rs 5,695 per sq.ft. The most recent revision in 2023 set the value at Rs 8,500 per sq.ft, which then rose to Rs 9,400 per sq.ft in 2024, marking an increase of 11% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 351%. The changes between the revisions show a 49% increase from 2017 to 2023, a decrease of 33% from 2012 to 2017, an increase of 113% from 2007 to 2012, a 74% increase from 2003 to 2007, and a 10% increase from 2002 to 2003. The register has no figure for the years not mentioned.

Guideline values in Pallipattu

Pallipattu village has a total of 72 streets under the Adayar SRO that carry a 2024 guideline value 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, which is equal to the current value of Kasthuribai Nagar 4th Main Road.

Stamp duty and registration fee for property in Kasthuribai Nagar 4th Main Road

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 94,00,000. The stamp duty at 7% amounts to Rs 6,58,000, and the registration fee at 2% is Rs 1,88,000, bringing the total to Rs 8,46,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kasthuribai Nagar 4th Main Road?

The Sub Registrar Office that covers Kasthuribai Nagar 4th 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 information.

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

The guideline value is an essential factor when buying or selling property in Pallipattu. It is used to determine the stamp duty and registration fees that are payable during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher of the two will be used to calculate the applicable fees.

When registering a property, it is crucial to refer to the guideline value as set by the Registration Department. This value helps in ensuring that the transaction is compliant with local regulations and provides a basis for calculating the necessary taxes and fees associated with property transactions.

Frequently asked questions

What is the current guideline value of Kasthuribai Nagar 4th Main Road?

The current guideline value of Kasthuribai Nagar 4th Main Road is Rs 9,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 2,086 per sq.ft in 2002 to Rs 9,400 per sq.ft in 2024, which is an overall increase of 351% over the years.

What factors influence the guideline value?

The guideline value is influenced by various factors including land classification and market conditions. In the case of Kasthuribai Nagar 4th Main Road, it is classified as Residential Special Type - I.

Where can I find more information about the registration process?

Information about the registration process can be found at the Adayar Sub Registrar Office or through the official website of the Registration Department.

What is the stamp duty rate in Tamil Nadu?

The stamp duty rate in Tamil Nadu is generally 7% of the guideline value or the sale price, whichever is higher. Additional registration fees may also apply.