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Guideline Value

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Guideline Value for NEHRU STREET (ANNA NEDUMPATHAI LEFT SIDE)

₹5000/sq.ft.

The guideline value for Nehru Street (anna Nedumpathai Left Side) in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /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 ₹4600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Street (anna Nedumpathai Left Side)

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Nehru Street (Anna Nedumpathai Left Side) guideline value

The current guideline value of Nehru Street (Anna Nedumpathai Left Side) is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, classified as Residential Class III Type - I.

How the guideline value of Nehru Street (Anna Nedumpathai Left Side) has changed

The guideline value for Nehru Street (Anna Nedumpathai Left Side) has undergone several revisions over the years. In 2007, the guideline value was Rs 1,400 per sq.ft, which increased significantly to Rs 4,600 per sq.ft in the 2012 revision, marking a change of +229%. The most recent revision in 2024 saw the value rise to Rs 5,000 per sq.ft, reflecting a +9% increase from the 2012 figure. The register has no figures for the years 2003, 2002, 2017, and 2023.

Overall, from 2007 to 2024, the guideline value has increased by +257%. This significant rise illustrates the changes in property valuation over the years, culminating in the current rate of Rs 5,000 per sq.ft.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value for these streets is Rs 5,800 per sq.ft, indicating that Nehru Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Nehru Street (Anna Nedumpathai Left Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value would be Rs 50,00,000. The stamp duty at 7% would amount to Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, bringing the total to Rs 4,50,000. The duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nehru Street (Anna Nedumpathai Left Side)?

The Sub Registrar Office that covers Nehru Street (Anna Nedumpathai Left Side) is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Puliyur. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the fees are calculated based on an official valuation rather than the sale price alone.

When registering a property, the guideline value helps in establishing a standard for property valuation, which aids in maintaining transparency in real estate transactions. Buyers and sellers should be aware of the current guideline value to ensure they are informed during the buying or selling process.

Frequently asked questions

What is the current guideline value of Nehru Street (Anna Nedumpathai Left Side)?

The current guideline value of Nehru Street (Anna Nedumpathai Left Side) is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2007 to Rs 4,600 per sq.ft in 2012, and then to Rs 5,000 per sq.ft in 2024. The overall increase from 2007 to 2024 is +257%.

What are the other street guideline values in Puliyur?

Other streets in Puliyur have varying guideline values. For example, Nehru Street (Choolaimedu High Road East Side) is valued at Rs 5,300 per sq.ft, while Nelson Manickam Road is at Rs 11,000 per sq.ft.

What is the registration fee for property in Nehru Street?

The registration fee for property in Nehru Street is calculated based on the guideline value. For a property valued at Rs 50,00,000, the registration fee would be Rs 1,00,000 at 2%.

Where is the Kodambakkam Sub Registrar Office located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. This office handles registrations for properties in the area.