Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Puratchi Thalaivi Nagar 1st Street

₹1700/sq.ft.

The guideline value for Puratchi Thalaivi Nagar 1st 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 ₹229 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
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 Puratchi Thalaivi Nagar 1st Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Puratchi Thalaivi Nagar 1st Street guideline value

The current guideline value for Puratchi Thalaivi Nagar 1st Street is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village under the Adayar SRO and is classified as Residential Class V Type - III.

How the guideline value of Puratchi Thalaivi Nagar 1st Street has changed

Since the 2003 revision, the guideline value for Puratchi Thalaivi Nagar 1st Street has seen significant changes. In 2003, the value was Rs 229 per sq.ft, which increased to Rs 1,000 per sq.ft in 2007. The value then rose to Rs 1,500 per sq.ft in 2012, before dropping to Rs 1,005 per sq.ft in 2017. The most recent revisions show a rise to Rs 1,500 per sq.ft in 2023, followed by the current value of Rs 1,700 per sq.ft in 2024. The register has no figure for this street in 2002.

Between the revisions, the changes are as follows: from 2003 to 2007, there was an increase of +337%; from 2007 to 2012, the value rose by +50%; however, it dropped by -33% from 2012 to 2017. The value then increased by +49% from 2017 to 2023, and finally, there was a +13% increase from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by +642%.

Guideline values in Kottivakkam

In Kottivakkam, there are 284 streets under the Adayar SRO with 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 for Puratchi Thalaivi Nagar 1st Street is below this median.

Stamp duty and registration fee for property in Puratchi Thalaivi Nagar 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, while the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. 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 details.

Which Sub Registrar Office covers Puratchi Thalaivi Nagar 1st Street?

The Sub Registrar Office that covers Puratchi Thalaivi Nagar 1st 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 plays a crucial role in the registration process of property transactions in Kottivakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value must be considered alongside the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Puratchi Thalaivi Nagar 1st Street?

The current guideline value of Puratchi Thalaivi Nagar 1st 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 significantly from Rs 229 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, marking an overall increase of +642% over this period.

What is the land classification for Puratchi Thalaivi Nagar 1st Street?

Puratchi Thalaivi Nagar 1st Street is classified as Residential Class V Type - III.

What is the registration office for Puratchi Thalaivi Nagar 1st Street?

The registration office for Puratchi Thalaivi Nagar 1st Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is the stamp duty calculated for properties in Kottivakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 17,00,000 would incur a stamp duty of Rs 1,19,000 at 7%.