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Guideline Value for Kotta Karai Ward No.13 Door No.1-57

₹660/sq.ft.

The guideline value for Kotta Karai Ward No.13 Door No.1-57 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹192 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹60 /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 Kotta Karai Ward No.13 Door No.1-57

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Kotta Karai Ward No.13 Door No.1-57 guideline value

The current guideline value for Kotta Karai Ward No.13 Door No.1-57 is Rs 660 per sq.ft. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Kotta Karai Ward No.13 Door No.1-57 has changed

The guideline value for this property has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 60 per sq.ft. This increased significantly to Rs 192 per sq.ft in 2003, marking a change of +220%. The value continued to rise, reaching Rs 400 per sq.ft in 2007, which was a +108% increase from the previous figure. In 2012, the value was Rs 600 per sq.ft, reflecting a +50% change from 2007. However, there was a decrease of -33% in the 2017 revision, bringing it down to Rs 402 per sq.ft. The value then increased to Rs 600 per sq.ft in 2023, a +49% change from 2017. The most recent revision in 2024 set the guideline value at Rs 660 per sq.ft, which is a +10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +1000%, reflecting the changes made in each revision. It is important to note that there are no figures available for this street in any other years.

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. The median guideline value is Rs 660 per sq.ft, which is the same as the current figure for Kotta Karai Ward No.13 Door No.1-57.

Stamp duty and registration fee for property in Kotta Karai Ward No.13 Door No.1-57

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, making the total fees together Rs 59,400. Please 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 Kotta Karai Ward No.13 Door No.1-57?

The Kotta Karai Ward No.13 Door No.1-57 property 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 details.

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

The guideline value is an important factor in the registration process for property transactions in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Kotta Karai Ward No.13 Door No.1-57?

The current guideline value for Kotta Karai Ward No.13 Door No.1-57 is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, reflecting an overall increase of +1000% over the years.

What is the land classification for this property?

Kotta Karai Ward No.13 Door No.1-57 is classified as Residential Class II Type - I.

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.

How is the stamp duty calculated for this property?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 46,200.