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Guideline Value

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Guideline Value for PILLAYAR KOIL ST, KONAMBEDU

₹950/sq.ft.

The guideline value for Pillayar Koil St, Konambedu in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Pillayar Koil St, Konambedu

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Pillayar Koil St, Konambedu guideline value

The current guideline value of Pillayar Koil St, Konambedu is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Pillayar Koil St, Konambedu has changed

The guideline value for Pillayar Koil St has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017. However, the value increased to Rs 900 per sq.ft again in the same year. The most recent revisions show an increase to Rs 950 per sq.ft in 2023, and further to Rs 950 per sq.ft in 2024.

From 2017 to 2023, there was a significant increase of 49%. The guideline value rose by 6% from 2023 to 2024. Overall, comparing the values from 2012 to 2024, there has been a modest increase of 6%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median value for these streets is Rs 1,625 per sq.ft, placing Pillayar Koil St's 2024 figure below that median.

Stamp duty and registration fee for property in Pillayar Koil St, Konambedu

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value amounts to Rs 9,50,000. The stamp duty, calculated at 7%, would be Rs 66,500, while the registration fee at 2% would be Rs 19,000. Together, the total cost for these fees would be Rs 85,500. 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 precise calculations.

Which Sub Registrar Office covers Pillayar Koil St, Konambedu?

The Sub Registrar Office that covers Pillayar Koil St, Konambedu is the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Paruthipattu. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that both buyers and sellers are aware of the minimum value at which the property can be registered.

When buying or selling property, it is essential to consider the guideline value, as it impacts the overall cost of the transaction. Buyers should ensure that they are aware of the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Pillayar Koil St, Konambedu?

The current guideline value of Pillayar Koil St, Konambedu is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in the same year, and finally to Rs 950 per sq.ft in 2023 and 2024.

What is the land classification for Pillayar Koil St, Konambedu?

The land classification for Pillayar Koil St, Konambedu is Residential Class II Type - I.

Which Sub Registrar Office handles registrations for this street?

The Avadi Sub Registrar Office handles registrations for Pillayar Koil St, Konambedu, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai.

How is stamp duty calculated for properties on Pillayar Koil St?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500 at a rate of 7%.