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

Guideline Value

Corporate

Guideline Value for Tamil Nadu Housing Board 1st Main Road

₹5000/sq.ft.

The guideline value for Tamil Nadu Housing Board 1st Main Road in Kottur village (Adayar SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottur

Village

Adayar

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹3000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹681 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹632 /sq.ft.
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 Tamil Nadu Housing Board 1st 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

Tamil Nadu Housing Board 1st Main Road guideline value

The current guideline value for Tamil Nadu Housing Board 1st Main Road is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Kottur village under the Adayar SRO, and it falls under the Residential Class IV Type - II land classification.

How the guideline value of Tamil Nadu Housing Board 1st Main Road has changed

The guideline value for Tamil Nadu Housing Board 1st Main Road has seen several revisions over the years. In 2002, the value was Rs 632 per sq.ft, which increased to Rs 681 per sq.ft in 2003, marking an 8% rise. The value then surged significantly to Rs 3,000 per sq.ft in 2007, reflecting a 341% increase. Following this, the value rose to Rs 4,500 per sq.ft in 2012, which was a 50% increase. However, it dropped to Rs 3,015 per sq.ft in 2017, showing a decline of 33%. The value then increased to Rs 4,500 per sq.ft in 2023, and most recently, it reached Rs 5,000 per sq.ft in 2024, which is an 11% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 691%. The register has no figure for the years not listed for this street.

Guideline values in Kottur

In Kottur, there are 114 streets under the Adayar SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 15,400 per sq.ft. The median value for these streets is Rs 6,100 per sq.ft, which indicates that the guideline value for Tamil Nadu Housing Board 1st Main Road is below this median.

Stamp duty and registration fee for property in Tamil Nadu Housing Board 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value amounts to Rs 50,00,000. The stamp duty at 7% would be Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, bringing the total fees together to Rs 4,50,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Tamil Nadu Housing Board 1st Main Road?

The Tamil Nadu Housing Board 1st Main Road is covered by the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. For more information, you can find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Kottur. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the transaction.

At the time of registration, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs involved in the property transfer process. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Tamil Nadu Housing Board 1st Main Road?

The current guideline value for Tamil Nadu Housing Board 1st Main Road is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 632 per sq.ft in 2002 to Rs 5,000 per sq.ft in 2024, reflecting an overall increase of 691% over the years.

What is the land classification for Tamil Nadu Housing Board 1st Main Road?

The land classification for Tamil Nadu Housing Board 1st Main Road is Residential Class IV Type - II.

Where can I find the registration office for this area?

The registration office for Tamil Nadu Housing Board 1st Main Road 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 Kottur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 50,00,000 would incur a stamp duty of Rs 3,50,000 at 7%.