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Guideline Value

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Guideline Value for Kattukollai 4th Street Ward No.12 Street No.1-37B

₹880/sq.ft.

The guideline value for Kattukollai 4th Street Ward No.12 Street No.1-37b in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹212 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹186 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kattukollai 4th Street Ward No.12 Street No.1-37b

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Kattukollai 4th Street Ward No.12 Street No.1-37B guideline value

The current guideline value of Kattukollai 4th Street Ward No.12 Street No.1-37B is Rs 880 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and is classified as Residential Class I Type - I.

How the guideline value of Kattukollai 4th Street Ward No.12 Street No.1-37B has changed

The guideline value for Kattukollai 4th Street has seen several revisions over the years. In 2002, the value was Rs 186 per sq.ft, which increased to Rs 212 per sq.ft in 2003, marking a change of +14%. The value continued to rise significantly, reaching Rs 700 per sq.ft in 2007, a substantial increase of +230%. By 2012, the value was Rs 800 per sq.ft, reflecting a +14% change from the previous revision. However, the value decreased to Rs 536 per sq.ft in 2017, showing a decline of -33%.

From 2017 to 2023, the guideline value increased to Rs 800 per sq.ft, a rise of +49%. The most recent revision in 2024 set the value at Rs 880 per sq.ft, which is a +10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by +373%.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,210 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Kattukollai 4th Street is above this median.

Stamp duty and registration fee for property in Kattukollai 4th Street Ward No.12 Street No.1-37B

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value is Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, totaling Rs 79,200. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kattukollai 4th Street Ward No.12 Street No.1-37B?

The Kattukollai 4th Street Ward No.12 Street No.1-37B falls under the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions in Old Gummidipoondi. It serves as a benchmark for determining the value of the property for registration purposes. When a property is sold or purchased, the guideline value is used to calculate the applicable stamp duty and registration fees.

Buyers and sellers should be aware that the guideline value can vary from one street to another, reflecting different local conditions. It is essential to check the current guideline value to ensure compliance with registration requirements and to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Kattukollai 4th Street Ward No.12 Street No.1-37B?

The current guideline value of Kattukollai 4th Street Ward No.12 Street No.1-37B is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 800 per sq.ft in 2023 to Rs 880 per sq.ft in 2024. Overall, the value has increased by +373% from 2002 to 2024.

What is the land classification for Kattukollai 4th Street?

Kattukollai 4th Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the Gummidipoondi Sub Registrar Office?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. This office handles property registrations in the area.

What are the stamp duty and registration fees for properties in Kattukollai 4th Street?

For a property valued at Rs 8,80,000, the stamp duty would be Rs 61,600 and the registration fee would be Rs 17,600, totaling Rs 79,200. The duty is charged on the higher of the guideline value or the sale price.