Guideline Value

Corporate

Guideline Value for PILLAIYAR KOIL 6TH STREET

₹3080/sq.ft.

The guideline value for Pillaiyar Koil 6th 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 6th Street

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Pillaiyar Koil 6th Street guideline value

The current guideline value of Pillaiyar Koil 6th Street is Rs 3,080 per sq.ft, effective from 1 July 2024. This street is located in Ekkaduthangal village, under the Chennai South Joint I SRO, and falls under the Residential Class IV Type - I land classification.

How the guideline value of Pillaiyar Koil 6th Street has changed

The guideline value for Pillaiyar Koil 6th Street has seen several revisions over the years. In 2002, the guideline 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, 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 value of Rs 3,080 per sq.ft in 2024.

Between these revisions, the changes were notable. From 2002 to 2003, the increase was +15%. The guideline value rose by +106% from 2003 to 2007. There was a remarkable increase of +180% from 2007 to 2012, followed by a decrease of -33% from 2012 to 2017. The value then saw a significant increase of +49% from 2017 to 2023, and finally, it increased by +10% from 2023 to 2024. 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 6th Street's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Pillaiyar Koil 6th Street

For a 1,000 sq.ft plot at the current rate, 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 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 precise calculations.

Which Sub Registrar Office covers Pillaiyar Koil 6th Street?

Pillaiyar Koil 6th Street falls under 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 critical factor when registering property transactions in Ekkaduthangal. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that are applicable. These fees are based on the guideline value or the sale price, whichever is higher, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 6th Street?

The current guideline value of Pillaiyar Koil 6th 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 are the other streets with the same guideline value in Ekkaduthangal?

Other streets in Ekkaduthangal with the same guideline value of Rs 3,080 per sq.ft include Pillaiyar Koil 5th Street, Pillaiyar Koil 4th Street, Pillaiyar Koil 4th Cross Street, Pillaiyar Koil 3rd St, Pillaiyar Koil 2nd St, and Pillaiyar Koil 1st Street.

What is the registration fee for properties in Pillaiyar Koil 6th Street?

The registration fee for properties is calculated at 2% of the guideline value. For a property valued at Rs 30,80,000, the registration fee would be Rs 61,600.

Where can I find the Sub Registrar Office for Pillaiyar Koil 6th Street?

The Sub Registrar Office covering Pillaiyar Koil 6th Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find more information online.