Guideline Value

Corporate

Guideline Value for PATTINATHAR STREET

₹3080/sq.ft.

The guideline value for Pattinathar Street in Ekkaduthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 3080 per sq.ft, effective 1 July 2024. It was Rs 2800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ekkaduthangal

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹3080 /sq.ft.
From 1-4-2023 ₹2800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1876 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹458 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹397 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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]

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Pattinathar Street guideline value

The current guideline value of Pattinathar Street is Rs 3,080 per sq.ft, effective from 1 July 2024. This street is located in Ekkaduthangal village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Pattinathar Street has changed

The guideline value for Pattinathar Street has seen several revisions over the years. In 2002, the value was Rs 397 per sq.ft, which increased to Rs 458 per sq.ft in 2003. Following this, the value rose significantly to Rs 700 per sq.ft in 2007, marking a 53% increase. The 2012 revision saw the value remain at Rs 2,800 per sq.ft, which was a decrease of 300% from the previous revision. In 2017, the value increased to Rs 1,876 per sq.ft, a 49% rise. The most recent revision in 2023 set the value at Rs 2,800 per sq.ft, and the current value as of 2024 is Rs 3,080 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 676%. There are no figures available for the years not listed in the register for this street.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,080 to Rs 8,800 per sq.ft, with a median value of Rs 4,620 per sq.ft. Pattinathar Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Pattinathar Street

For a 1,000 sq.ft plot at the current rate of Rs 3,080 per sq.ft, the guideline value amounts to Rs 30,80,000. The stamp duty at 7% would be Rs 2,15,600, and the registration fee at 2% would be Rs 61,600, together totaling Rs 2,77,200. It is important to note that 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 Pattinathar Street?

The Sub Registrar Office that covers Pattinathar Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ekkaduthangal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid at the time of the transaction.

When a property is sold, the guideline value is used to ensure that the transaction reflects a fair assessment of the property's worth. This value helps in calculating the applicable taxes and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Pattinathar Street?

The current guideline value of Pattinathar Street is Rs 3,080 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 397 per sq.ft in 2002 to Rs 3,080 per sq.ft in 2024, reflecting an overall increase of 676% over this period.

What is the land classification for Pattinathar Street?

Pattinathar Street is classified as Residential Class IV Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for a property on Pattinathar Street?

For a property valued at Rs 30,80,000, the stamp duty would be Rs 2,15,600 and the registration fee would be Rs 61,600, totaling Rs 2,77,200.

Which office handles registrations for Pattinathar Street?

The Chennai South Joint I Sub Registrar Office handles the registrations for Pattinathar Street, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.