Guideline Value

Corporate

Guideline Value for PILLAIYAR KOIL 4TH CROSS STREET

₹3080/sq.ft.

The guideline value for Pillaiyar Koil 4th Cross 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 4th Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Pillaiyar Koil 4th Cross Street guideline value

The current guideline value of Pillaiyar Koil 4th Cross 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 4th Cross Street has changed

The guideline value for Pillaiyar Koil 4th Cross Street has seen 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. The value then rose significantly to Rs 1,000 per sq.ft in 2007, followed by a substantial jump to Rs 2,800 per sq.ft in 2012. However, this figure decreased to Rs 1,876 per sq.ft in 2017. The value then increased to Rs 2,800 per sq.ft in 2023, and the most recent revision in 2024 has set the value at Rs 3,080 per sq.ft.

Between the revisions, the changes were as follows: from 2002 to 2003, the increase was +15%; from 2003 to 2007, it rose by +106%; from 2007 to 2012, it decreased by -33%; from 2012 to 2017, it saw a decrease of -33%; from 2017 to 2023, the value increased by +49%; and from 2023 to 2024, it rose by +10%. 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, with guideline values ranging from Rs 3,080 to Rs 8,800 per sq.ft. The median value for these streets is Rs 4,620 per sq.ft, making the 2024 guideline value of Pillaiyar Koil 4th Cross Street below this median.

Stamp duty and registration fee for property in Pillaiyar Koil 4th Cross 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, bringing the total to Rs 2,77,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Pillaiyar Koil 4th Cross Street?

The Sub Registrar Office that covers Pillaiyar Koil 4th Cross 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 plays a crucial role when buying or selling property in Ekkaduthangal. It serves as a benchmark for determining the minimum value at which a property can be registered. This ensures that the transaction is recorded accurately and that the appropriate taxes are levied based on this value.

When a property is sold, the buyer and seller must consider the guideline value to ensure compliance with registration requirements. The registration office will use this value to calculate applicable fees and taxes, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 4th Cross Street?

The current guideline value of Pillaiyar Koil 4th Cross 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 over the years, starting from Rs 421 per sq.ft in 2002 to Rs 3,080 per sq.ft in 2024, reflecting an overall increase of +632%.

What is the median guideline value in Ekkaduthangal?

The median guideline value in Ekkaduthangal is Rs 4,620 per sq.ft, with Pillaiyar Koil 4th Cross Street's value being below this median.

What are the stamp duty and registration fees for properties in this area?

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 is the Sub Registrar Office for Pillaiyar Koil 4th Cross Street located?

The Sub Registrar Office is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035, under the Chennai South Joint I SRO.