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Guideline Value

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Guideline Value for Tamil Nadu Housing Board 2nd Main Road

₹5000/sq.ft.

The guideline value for Tamil Nadu Housing Board 2nd 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 2nd Main Road

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Tamil Nadu Housing Board 2nd Main Road guideline value

The current guideline value for Tamil Nadu Housing Board 2nd 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 is classified as Residential Class IV Type - II.

How the guideline value of Tamil Nadu Housing Board 2nd Main Road has changed

The guideline value for Tamil Nadu Housing Board 2nd Main Road has seen several revisions over the years. The earliest recorded value was Rs 632 per sq.ft in 2002, which increased to Rs 681 per sq.ft in 2003. Following that, the value surged significantly to Rs 3,000 per sq.ft in 2007, marking a 341% increase. In 2012, the guideline value adjusted to Rs 4,500 per sq.ft, reflecting a 50% increase from the previous revision. However, this was followed by a decrease to Rs 3,015 per sq.ft in 2017, which was a 33% drop. The value then rose again to Rs 4,500 per sq.ft in 2023 and has now reached Rs 5,000 per sq.ft in 2024, representing an 11% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 691%. It is important to note that there are no figures available for the years not listed in the register for this street.

Guideline values in Kottur

Kottur village has a total of 114 streets under the Adayar SRO, with 2024 guideline values ranging from Rs 3,300 to Rs 15,400 per sq.ft. The median guideline value for these streets is Rs 6,100 per sq.ft, placing Tamil Nadu Housing Board 2nd Main Road below this median.

Stamp duty and registration fee for property in Tamil Nadu Housing Board 2nd 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 to Rs 4,50,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Tamil Nadu Housing Board 2nd Main Road?

The Tamil Nadu Housing Board 2nd Main Road falls under 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 Kottur

The guideline value is an essential factor when registering property transactions in Kottur. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process aligns with the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value for Tamil Nadu Housing Board 2nd Main Road?

The current guideline value for Tamil Nadu Housing Board 2nd 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 undergone several revisions, starting from Rs 632 per sq.ft in 2002 to Rs 5,000 per sq.ft in 2024, marking an overall increase of 691% over this period.

What is the land classification for Tamil Nadu Housing Board 2nd Main Road?

The land classification for Tamil Nadu Housing Board 2nd Main Road is Residential Class IV Type - II.

Where can I find the Sub Registrar Office for this street?

The Adayar Sub Registrar Office, which covers Tamil Nadu Housing Board 2nd Main Road, is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is stamp duty calculated for properties in Kottur?

Stamp duty in Kottur is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 50,00,000, the stamp duty at 7% would be Rs 3,50,000.