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Guideline Value

Corporate

Guideline Value for Pillaiyar Koil 2nd St

₹3080/sq.ft.

The guideline value for Pillaiyar Koil 2nd St 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 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)

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 2nd St

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Pillaiyar Koil 2nd St guideline value

The current guideline value of Pillaiyar Koil 2nd St is Rs 3,080 per sq.ft. This street is located in Ekkaduthangal village, 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 2nd St has changed

The guideline value for Pillaiyar Koil 2nd St has seen several revisions over the years. Starting from the 2012 revision, the value was Rs 2,800 per sq.ft. This figure remained unchanged until the 2017 revision when it dropped to Rs 1,876 per sq.ft. In the following years, the value increased significantly, reaching Rs 2,800 per sq.ft in 2023 and then rising to Rs 3,080 per sq.ft in the 2024 revision.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. The 2023 to 2024 revision saw a 10% increase. Overall, from the 2012 revision to the 2024 revision, the guideline value shows a modest increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ekkaduthangal

Ekkaduthangal comprises 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, placing Pillaiyar Koil 2nd St below that median.

Stamp duty and registration fee for property in Pillaiyar Koil 2nd St

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, resulting in a total of Rs 2,77,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillaiyar Koil 2nd St?

The Sub Registrar Office that covers Pillaiyar Koil 2nd St 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 additional 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, which are calculated based on this value or the sale price, whichever is higher.

When a property transaction occurs, the guideline value ensures that the government receives the appropriate revenue from stamp duty and registration fees. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their transaction.

Frequently asked questions

What is the current guideline value for Pillaiyar Koil 2nd St?

The current guideline value for Pillaiyar Koil 2nd St 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 2,800 per sq.ft in 2012 to Rs 1,876 per sq.ft in 2017, then back to Rs 2,800 per sq.ft in 2023, and finally to Rs 3,080 per sq.ft in 2024.

What is the land classification for Pillaiyar Koil 2nd St?

The land classification for Pillaiyar Koil 2nd St is Residential Class IV Type - I.

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

The Sub Registrar Office for Pillaiyar Koil 2nd St 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 guideline value or the sale price, whichever is higher. For example, a property valued at Rs 30,80,000 would incur a stamp duty of Rs 2,15,600 at 7%.