Guideline Value

Corporate

Guideline Value for Kottur Garden 4th Main Road

₹9400/sq.ft.

The guideline value for Kottur Garden 4th Main Road in Adayar 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 - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Adayar

Village

Adayar

SRO

Residential Special Type - II
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 ₹4500 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

51, Kamaraj Avenue,second Street, Adyar, Chennai-20
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 Kottur Garden 4th Main Road

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Kottur Garden 4th Main Road guideline value

The current guideline value of Kottur Garden 4th Main Road is Rs 9,400 per sq.ft, effective from 1 July 2024. This street is located in Adayar village and falls under the Adayar SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Kottur Garden 4th Main Road has changed

The guideline value for Kottur Garden 4th Main Road has seen several revisions over the years. In 2007, the value was Rs 4,500 per sq.ft, which increased to Rs 8,500 per sq.ft in 2012. However, it then decreased to Rs 5,695 per sq.ft in 2017. The value rose significantly to Rs 8,500 per sq.ft in 2023, and the most recent revision in 2024 has set it at Rs 9,400 per sq.ft. The register has no figure for this street for the years 2002 and 2003.

From 2017 to 2023, the value increased by 49%. The jump from 2023 to 2024 represents an 11% increase. Overall, from 2007 to 2024, the guideline value has risen by 109%.

Guideline values in Adayar

In Adayar, there are 92 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 15,400 per sq.ft, with a median of Rs 6,100 per sq.ft. Kottur Garden 4th Main Road's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Kottur Garden 4th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 9,400 per sq.ft, the total guideline value would be Rs 94,00,000. The stamp duty at 7% would amount to Rs 6,58,000, and the registration fee at 2% would be Rs 1,88,000, bringing the total to Rs 8,46,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kottur Garden 4th Main Road?

The Kottur Garden 4th Main Road falls under 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 Adayar

The guideline value is a critical factor when registering property transactions in Adayar. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transfer of property ownership.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Kottur Garden 4th Main Road?

The current guideline value of Kottur Garden 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 from Rs 4,500 per sq.ft in 2007 to Rs 9,400 per sq.ft in 2024, marking an overall increase of 109%.

What is the registration office for Kottur Garden 4th Main Road?

The registration office for Kottur Garden 4th Main Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

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

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2% of the guideline value. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 8,46,000.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees using the stamp duty and registration fee calculator.