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Guideline Value

Corporate

Guideline Value for Pillaiyar Koil 5th Street

₹1700/sq.ft.

The guideline value for Pillaiyar Koil 5th Street in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class V Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Residential Class V Type - III
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹457 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹384 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[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 1,700 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village under the Adayar SRO, classified as Residential Class V Type - III.

How the guideline value of Pillaiyar Koil 5th Street has changed

The guideline value of Pillaiyar Koil 5th Street has seen several revisions over the years. In 2002, the value was Rs 384 per sq.ft, which increased to Rs 457 per sq.ft in 2003, marking a rise of 19%. Following this, the value surged significantly to Rs 1,000 per sq.ft in 2007, reflecting an increase of 119%. The value then reached Rs 1,500 per sq.ft in 2012, a 50% rise from the previous revision. However, it dropped to Rs 1,005 per sq.ft in 2017, which was a decrease of 33%. The value increased again to Rs 1,500 per sq.ft in 2023, and most recently, it has risen to Rs 1,700 per sq.ft in 2024, showing a change of 13%.

Overall, from 2002 to 2024, the guideline value has increased by 343%. There are no figures available for revisions in years not explicitly mentioned in the register for Pillaiyar Koil 5th Street.

Guideline values in Kottivakkam

In Kottivakkam village, there are 284 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 8,500 per sq.ft, with a median value of Rs 3,900 per sq.ft. The guideline value of Pillaiyar Koil 5th Street is below this 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 1,700 per sq.ft, the guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the 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 Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions in Kottivakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, this value is used to calculate the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the guideline value, as it can influence the overall costs associated with the property transfer. The registration office will use this value to ensure that the transaction is recorded accurately and in compliance with local regulations.

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 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 384 per sq.ft in 2002 to Rs 1,700 per sq.ft in 2024, reflecting an overall increase of 343% over the years.

What is the stamp duty rate for properties in Pillaiyar Koil 5th Street?

The stamp duty rate for properties in Pillaiyar Koil 5th Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Pillaiyar Koil 5th Street?

The Sub Registrar Office for Pillaiyar Koil 5th Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What are the other streets in Kottivakkam with the same guideline value?

Other streets in Kottivakkam with a guideline value of Rs 1,700 per sq.ft include Pillaiyar Koil 4th Street, Pillaiyar Koil 6th Street, Pillaiyar Koil 7th Street, Pillaiyar Koil 8th Street, Pillaiyar Koil 3rd Street, and Pillaiyar Koil Main Road.