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Guideline Value

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Guideline Value for SIVAN KOIL WEST 2ND STREET

₹5800/sq.ft.

The guideline value for Sivan Koil West 2nd Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5800 per sq.ft, effective 1 July 2024. It was Rs 5300 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5800 /sq.ft.
From 1-4-2023 ₹5300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3551 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹824 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹750 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Sivan Koil West 2nd Street

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Sivan Koil West 2nd Street guideline value

The current guideline value of Sivan Koil West 2nd Street is Rs 5,800 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Sivan Koil West 2nd Street has changed

The guideline value for Sivan Koil West 2nd Street has undergone several revisions over the years. Starting from Rs 750 per sq.ft in 2002, it increased to Rs 824 per sq.ft in 2003, marking a 10% rise. In 2007, the value jumped significantly to Rs 1,400 per sq.ft, reflecting a 70% increase. The value then rose to Rs 5,300 per sq.ft in 2012, which was a substantial 279% increase from the previous revision. However, it decreased to Rs 3,551 per sq.ft in 2017, showing a decline of 33% from 2012. The value then increased to Rs 5,300 per sq.ft in 2023, a 49% rise from the 2017 revision, and finally reached Rs 5,800 per sq.ft in the 2024 revision, marking a 9% increase.

There are no figures available for any other revisions for this street. The overall change from 2002 to 2024 reflects a significant increase of 673%.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, which aligns with the 2024 guideline value of Sivan Koil West 2nd Street.

Stamp duty and registration fee for property in Sivan Koil West 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,800 per sq.ft, the total guideline value amounts to Rs 58,00,000. The stamp duty at 7% would be Rs 4,06,000, and the registration fee at 2% would be Rs 1,16,000, bringing the total to Rs 5,22,000. Please note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sivan Koil West 2nd Street?

The Sivan Koil West 2nd Street is covered by the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is documented accurately. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sivan Koil West 2nd Street?

The current guideline value of Sivan Koil West 2nd Street is Rs 5,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2002 to Rs 5,800 per sq.ft in 2024, reflecting an overall increase of 673% over the years.

What is the registration office for Sivan Koil West 2nd Street?

The registration office for Sivan Koil West 2nd Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is stamp duty calculated for property in Sivan Koil West 2nd Street?

Stamp duty for property in Sivan Koil West 2nd Street is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 4,06,000.

What are the other streets in Puliyur with similar guideline values?

Other streets in Puliyur with similar guideline values include Sivan Koil West 1st Street, Sivan Koil West 1st Cross Street, Sivan Koil South Street, and Sivan Koil South 1st Street, all at Rs 5,800 per sq.ft in 2024.