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Guideline Value

Corporate

Guideline Value for Saminatha Nagar 9th Extn Salai

₹3900/sq.ft.

The guideline value for Saminatha Nagar 9th Extn Salai 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 N/A
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)

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 9th Extn Salai

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Saminatha Nagar 9th Extn Salai guideline value

The current guideline value of Saminatha Nagar 9th Extn Salai is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village and falls under the Adayar SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Saminatha Nagar 9th Extn Salai has changed

The guideline value for Saminatha Nagar 9th Extn Salai has seen several revisions over the years. In the 2012 revision, the value was Rs 3,500 per sq.ft. This changed to Rs 2,345 per sq.ft in the 2017 revision, marking a decrease of 33%. Following this, the 2023 revision set the value at Rs 3,500 per sq.ft, and the most recent 2024 revision increased it to Rs 3,900 per sq.ft, reflecting an increase of 11% from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value increased by 11%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

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 for these streets is Rs 3,900 per sq.ft, which is the same as the current value for Saminatha Nagar 9th Extn Salai.

Stamp duty and registration fee for property in Saminatha Nagar 9th Extn Salai

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. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Saminatha Nagar 9th Extn Salai?

The Sub Registrar Office covering Saminatha Nagar 9th Extn Salai 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 a crucial factor in the registration process when buying or selling property in Kottivakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on the official valuation of the property.

When you register a property, you will need to pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is officially documented and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Saminatha Nagar 9th Extn Salai?

The current guideline value of Saminatha Nagar 9th Extn Salai 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 changed from Rs 3,500 per sq.ft in 2023 to Rs 3,900 per sq.ft in 2024, an increase of 11%. From 2017 to 2023, it increased by 49%, while it decreased from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017.

Which Sub Registrar Office covers Kottivakkam?

The Adayar Sub Registrar Office covers Kottivakkam, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What is the land classification for Saminatha Nagar 9th Extn Salai?

The land classification for Saminatha Nagar 9th Extn Salai is Residential Class II Type - I.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 3,51,000.