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Guideline Value

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Guideline Value for Kottur Garden 4th Main Road

₹9400/sq.ft.

The guideline value for Kottur Garden 4th Main Road in Kottur 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

Kottur

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 ₹4500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1733 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
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 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 Kottur village, under the Adayar SRO, and is classified as Residential Special Type - I.

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 2003, the value was Rs 1,733 per sq.ft, which increased to Rs 4,500 per sq.ft in 2007, marking a significant rise of 160%. The value then changed to Rs 8,500 per sq.ft in 2012, reflecting an increase of 89%. However, from 2012 to 2017, there was a decrease of 33%, bringing the value down to Rs 5,695 per sq.ft. The next 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, an increase of 11%.

Overall, from 2003 to 2024, the guideline value has increased by 442%. It is important to note that there is no figure available for this street in the 2002 revision.

Guideline values in Kottur

In Kottur village, there are 114 streets under the Adayar SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 15,400 per sq.ft, with a median value of Rs 6,100 per sq.ft. The guideline value of Kottur Garden 4th Main Road 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.

For more details, you can use the stamp duty and registration fee calculator.

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

The Kottur Garden 4th Main Road is covered by the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kottur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value helps ensure that the transaction is registered at a fair value, reflecting the current market conditions as assessed by the registration authorities.

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 1,733 per sq.ft in 2003 to Rs 9,400 per sq.ft in 2024, reflecting an overall increase of 442% over this period.

What is the stamp duty rate for properties in Kottur?

The stamp duty rate for properties in Kottur is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Adayar Sub Registrar Office?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What are other streets in Kottur with similar guideline values?

Other streets in Kottur with the same guideline value of Rs 9,400 per sq.ft include Kottur Garden 1st, 2nd, and 3rd Main Roads, as well as Krishnamachari Avenue.