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Guideline Value

Corporate

Guideline Value for NEHRU NAGAR 11TH LINK ROAD

₹4401/sq.ft.

The guideline value for Nehru Nagar 11th Link Road in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 4401 per sq.ft, effective 1 July 2024. The land classification is Industries Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Industries Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹4401 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

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 Nehru Nagar 11th Link Road

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Nehru Nagar 11th Link Road guideline value

The current guideline value of Nehru Nagar 11th Link Road is Rs 4,401 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village under the Adayar SRO, classified as Industries Special Type - I.

How the guideline value of Nehru Nagar 11th Link Road has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Nehru Nagar 11th Link Road. The only available figure is from the 2024 revision, which is Rs 4,401 per sq.ft.

Since there are no previous figures listed for this street, there have been no changes in the guideline value between revisions.

Guideline values in Kottivakkam

In Kottivakkam, there are 284 streets under the Adayar SRO with a 2024 guideline value ranging from Rs 1,700 to Rs 8,500 per sq.ft. The median value is Rs 3,900 per sq.ft, placing Nehru Nagar 11th Link Road's value above this median.

Stamp duty and registration fee for property in Nehru Nagar 11th Link Road

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 44,01,000. The stamp duty at 7% amounts to Rs 3,08,070, and the registration fee at 2% is Rs 88,020, totaling Rs 3,96,090. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nehru Nagar 11th Link Road?

The Sub Registrar Office that covers Nehru Nagar 11th Link Road is 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 Kottivakkam

The guideline value is an important factor when registering property transactions in Kottivakkam. It determines the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both the buyer and seller. It helps in assessing the transaction value and calculating the necessary fees involved in the registration process.

Frequently asked questions

What is the current guideline value of Nehru Nagar 11th Link Road?

The current guideline value of Nehru Nagar 11th Link Road is Rs 4,401 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for this street. The only available figure is from the 2024 revision.

What is the land classification for Nehru Nagar 11th Link Road?

Nehru Nagar 11th Link Road is classified as Industries Special Type - I.

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.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees can be calculated accordingly.