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Guideline Value

Corporate

Guideline Value for Porkaliyamman Koil Street

₹1001/sq.ft.

The guideline value for Porkaliyamman Koil Street in Kathivakkam village (Thiruvottiyur SRO, Chennai zone) is Rs 1001 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kathivakkam

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1001 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Porkaliyamman Koil Street

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Porkaliyamman Koil Street guideline value

The current guideline value of Porkaliyamman Koil Street is Rs 1,001 per sq.ft, effective from 1 July 2024. This street is located in Kathivakkam village under the Thiruvottiyur SRO, classified as Residential Class I Type - I.

How the guideline value of Porkaliyamman Koil Street has changed

In the 2007 revision, the guideline value was set at Rs 200 per sq.ft. This increased significantly to Rs 800 per sq.ft in the 2012 revision, marking a 300% rise. However, in the 2017 revision, it decreased to Rs 536 per sq.ft, reflecting a decline of 33%. The value then saw a substantial increase to Rs 1,000 per sq.ft in the 2023 revision, which was an 87% rise from the previous figure. The latest revision in 2024 has the guideline value at Rs 1,001 per sq.ft, showing no change from the 2023 figure.

The register has no figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 401%.

Guideline values in Kathivakkam

In total, there are 47 streets in Kathivakkam under the Thiruvottiyur SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 1,600 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, which is equal to the 2024 figure for Porkaliyamman Koil Street.

Stamp duty and registration fee for property in Porkaliyamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total cost for these fees to Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Porkaliyamman Koil Street?

The Sub Registrar Office that covers Porkaliyamman Koil Street is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Kathivakkam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When selling property, the guideline value ensures that the transaction is recorded accurately for government purposes. It serves as a benchmark for property transactions in the area, helping to maintain transparency in the real estate market.

Frequently asked questions

What is the current guideline value of Porkaliyamman Koil Street?

The current guideline value of Porkaliyamman Koil Street is Rs 1,001 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From 2007 to 2024, the guideline value has increased by 401%. The value rose from Rs 200 per sq.ft in 2007 to Rs 1,001 per sq.ft in 2024.

What is the land classification of Porkaliyamman Koil Street?

Porkaliyamman Koil Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the registration fees for property in Porkaliyamman Koil Street?

For a property valued at Rs 10,01,000, the total registration fees would be Rs 90,090, which includes stamp duty and registration fees based on the guideline value.

Where is the Sub Registrar Office located for this street?

The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019, and it covers Porkaliyamman Koil Street.