Guideline Value for PILLAIYAR KOIL 5TH STREET

₹3080/sq.ft.

The guideline value for Pillaiyar Koil 5th 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 5th Street

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Pillaiyar Koil 5th Street guideline value

The current guideline value of Pillaiyar Koil 5th 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 5th Street has changed

The guideline value for Pillaiyar Koil 5th Street has undergone several revisions over the years. The earliest recorded figure is from 2002, which was Rs 421 per sq.ft. This increased to Rs 486 per sq.ft in 2003, marking a change of +15%. In 2007, the value jumped significantly to Rs 1,000 per sq.ft, representing a +106% increase. The 2012 revision saw the value rise to Rs 2,800 per sq.ft, an increase of +180%. However, from 2012 to 2017, there was a decrease of -33%, bringing the value down to Rs 1,876 per sq.ft. The value then rose to Rs 2,800 per sq.ft in 2023, with a +49% change, and finally reached Rs 3,080 per sq.ft in the 2024 revision, which is a +10% increase.

There are no figures available for the years between these revisions for Pillaiyar Koil 5th Street.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO that carry a guideline value for 2024, ranging from Rs 3,080 to Rs 8,800 per sq.ft. The median guideline value in this area is Rs 4,620 per sq.ft, placing Pillaiyar Koil 5th Street's 2024 figure below that median.

Stamp duty and registration fee for property in Pillaiyar Koil 5th 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 to Rs 2,77,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillaiyar Koil 5th Street?

The Sub Registrar Office that covers Pillaiyar Koil 5th 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 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 need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is either equal to or higher than the guideline value to avoid any discrepancies during registration. This ensures that all transactions are conducted transparently and in accordance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 5th Street?

The current guideline value of Pillaiyar Koil 5th 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 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 5th Street?

The land classification for Pillaiyar Koil 5th Street is Residential Class IV Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Pillaiyar Koil 5th Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is the 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 30,80,000, the stamp duty would be calculated at 7% of this amount.