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Guideline Value

Corporate

Guideline Value for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD)

₹2800/sq.ft.

The guideline value for Pillaiyar Koil 2nd Street(near Annai Theresa Road) in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[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 2nd Street(near Annai Theresa Road)

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PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) guideline value

The current guideline value of PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Enjambakkam village and falls under the Neelankarai SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of PILLAIAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) has changed

The guideline value for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) has seen several revisions over the years. Starting from the 2007 revision, the value was Rs 500 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in 2012, a rise of 400%. However, between 2012 and 2017, the value decreased to Rs 1,675 per sq.ft, marking a decline of 33%. The value then increased to Rs 2,500 per sq.ft in 2023, and most recently, it rose to Rs 2,800 per sq.ft in the 2024 revision, reflecting an increase of 12%.

Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 460%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median guideline value in the village is Rs 2,200 per sq.ft, and the 2024 figure for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is above this median.

Stamp duty and registration fee for property in PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, while the registration fee at 2% would be Rs 56,000, bringing the total to Rs 2,52,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD)?

The Sub Registrar Office that covers PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Enjambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the registration fees and stamp duties are calculated accordingly.

When buying or selling property, the guideline value helps in assessing the fair value of the property being transacted. It is essential for both buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD)?

The current guideline value of PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is Rs 2,800 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 500 per sq.ft in 2007 to Rs 2,800 per sq.ft in 2024, marking an overall increase of 460% over the years.

What is the land classification for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD)?

The land classification for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is Residential Class II Type - I.

Where can I find the registration office for this street?

The registration office for PILLAIYAR KOIL 2nd STREET(NEAR ANNAI THERESA ROAD) is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000 at a rate of 7%.