Guideline Value

Corporate

Guideline Value for Kottur Garden 5th Main Road

₹9400/sq.ft.

The guideline value for Kottur Garden 5th 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 5th 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

Kottur Garden 5th Main Road guideline value

The current guideline value of Kottur Garden 5th Main Road is Rs 9,400 per sq.ft, effective from 1 July 2024. This road 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 5th Main Road has changed

The guideline value of Kottur Garden 5th Main Road has undergone several revisions over the years. The earliest available figure is from the 2007 revision, which was Rs 4,500 per sq.ft. This increased to Rs 8,500 per sq.ft in the 2012 revision, but then decreased to Rs 5,695 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 8,500 per sq.ft in 2023, and finally rose to the current value of Rs 9,400 per sq.ft in 2024. The changes between these revisions are as follows: from 2007 to 2012, there was an increase of 89%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 49% from 2017 to 2023, and finally, an increase of 11% from 2023 to 2024.

The guideline value register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Adayar

In Adayar, there are 92 streets under the Adayar SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 15,400 per sq.ft. The median value for these streets is Rs 6,100 per sq.ft, placing Kottur Garden 5th Main Road above this median.

Stamp duty and registration fee for property in Kottur Garden 5th 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 be Rs 6,58,000, and the registration fee at 2% would be Rs 1,88,000, bringing the total fees to Rs 8,46,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kottur Garden 5th Main Road?

The Kottur Garden 5th Main Road is covered by 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 crucial factor when buying or selling property in Adayar, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that are applicable during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers must be aware of this value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Kottur Garden 5th Main Road?

The current guideline value of Kottur Garden 5th 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, reflecting an overall increase of 109% over the years.

What are the stamp duty and registration fees for properties in Kottur Garden 5th Main Road?

For a property valued at Rs 94,00,000, the stamp duty would be Rs 6,58,000 and the registration fee would be Rs 1,88,000, totaling Rs 8,46,000.

Which office handles the registration of properties in Kottur Garden 5th Main Road?

The Adayar Sub Registrar Office handles the registration of properties in Kottur Garden 5th Main Road, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What is the land classification for Kottur Garden 5th Main Road?

The land classification for Kottur Garden 5th Main Road is Residential Special Type - II, indicating its suitability for residential developments.