Guideline Value

Corporate

Guideline Value for PILLAIYAR KOIL 1ST STREET

₹3080/sq.ft.

The guideline value for Pillaiyar Koil 1st 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 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹486 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹421 /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]
Records for a plot on Pillaiyar Koil 1st Street

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Pillaiyar Koil 1st Street guideline value

The current guideline value of Pillaiyar Koil 1st 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 Pillaiyar Koil 1st Street has changed

The guideline value for Pillaiyar Koil 1st Street has undergone several revisions over the years. In 2002, the value was Rs 421 per sq.ft, which increased to Rs 486 per sq.ft in 2003. Following this, the value saw a significant rise to Rs 1,000 per sq.ft in 2007, and then it jumped to Rs 2,800 per sq.ft in 2012. However, it decreased to Rs 1,876 per sq.ft in 2017. The value then increased to Rs 2,800 per sq.ft in 2023 before reaching the current rate of Rs 3,080 per sq.ft in 2024.

Between the revisions, there have been notable changes. The increase from 2023 to 2024 was +10%. From 2017 to 2023, there was a +49% increase. The value decreased by -33% from 2012 to 2017, while it rose significantly by +180% from 2007 to 2012. The increase from 2003 to 2007 was +106%, and from 2002 to 2003, it was +15%. Overall, from 2002 to 2024, the guideline value has increased by +632%.

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. Pillaiyar Koil 1st Street's current value is below this median.

Stamp duty and registration fee for property in Pillaiyar Koil 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,080 per sq.ft, the total guideline value would be Rs 30,80,000. The stamp duty at 7% would amount to Rs 2,15,600, and the registration fee at 2% would be Rs 61,600, bringing the total fees to Rs 2,77,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillaiyar Koil 1st Street?

The Sub Registrar Office that covers Pillaiyar Koil 1st 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 more information.

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

The guideline value is a crucial factor when it comes to property transactions in Ekkaduthangal. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers should be aware that the guideline value can influence the overall costs associated with purchasing property in this area.

When selling property, the guideline value serves as a reference point for both buyers and sellers. It ensures that the transaction is recorded at a value recognized by the registration authorities, thus facilitating a smoother registration process.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 1st Street?

The current guideline value of Pillaiyar Koil 1st 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 significantly, from Rs 421 per sq.ft in 2002 to Rs 3,080 per sq.ft in 2024, reflecting an overall increase of +632% over the years.

What is the land classification for Pillaiyar Koil 1st Street?

The land classification for Pillaiyar Koil 1st Street is Residential Class IV Type - I.

What are the stamp duty and registration fees for property in Pillaiyar Koil 1st 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.

Where can I find the Sub Registrar Office for Pillaiyar Koil 1st Street?

The Sub Registrar Office for Pillaiyar Koil 1st Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.