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

Guideline Value

Corporate

Guideline Value for Saminatha Nagar 6th Main Road

₹3900/sq.ft.

The guideline value for Saminatha Nagar 6th Main Road in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹533 /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 Saminatha Nagar 6th Main Road

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

Saminatha Nagar 6th Main Road guideline value

The current guideline value of Saminatha Nagar 6th Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024. This road is located in Kottivakkam village, which falls under the Adayar SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Saminatha Nagar 6th Main Road has changed

The guideline value for Saminatha Nagar 6th Main Road has undergone several revisions over the years. In 2003, the guideline value was Rs 533 per sq.ft, which increased significantly to Rs 1,800 per sq.ft by 2007. The value then rose to Rs 3,500 per sq.ft in 2012, but saw a decrease to Rs 2,345 per sq.ft in 2017. Following this, the value increased to Rs 3,500 per sq.ft in 2023, and finally reached Rs 3,900 per sq.ft in the 2024 revision. Notably, there is no figure available for this street in the 2002 register.

Examining the changes between revisions, from 2003 to 2007, the guideline value increased by 238%. From 2007 to 2012, it saw a rise of 94%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 49% from 2017 to 2023, and finally, there was an increase of 11% from 2023 to 2024. Overall, the guideline value has increased by 632% from 2003 to 2024.

Guideline values in Kottivakkam

Kottivakkam village has a total of 284 streets under the Adayar SRO, with guideline values ranging from Rs 1,700 to Rs 8,500 per sq.ft. The median guideline value is Rs 3,900 per sq.ft, which is equal to the current value of Saminatha Nagar 6th Main Road.

Stamp duty and registration fee for property in Saminatha Nagar 6th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total fees to Rs 3,51,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Saminatha Nagar 6th Main Road?

The Sub Registrar Office that covers Saminatha Nagar 6th Main Road is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kottivakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that transactions are conducted transparently and fairly.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Saminatha Nagar 6th Main Road?

The current guideline value of Saminatha Nagar 6th Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 533 per sq.ft in 2003 to Rs 3,900 per sq.ft in 2024, marking an overall increase of 632% during this period.

What is the median guideline value in Kottivakkam?

The median guideline value in Kottivakkam is Rs 3,900 per sq.ft, which is the same as the current value for Saminatha Nagar 6th Main Road.

What fees are involved in property registration?

When registering property in Saminatha Nagar 6th Main Road, buyers must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office located?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20, and it covers Saminatha Nagar 6th Main Road.