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Guideline Value

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Guideline Value for Tamil Nadu Housing Board 4th Cross Street

₹5000/sq.ft.

The guideline value for Tamil Nadu Housing Board 4th Cross Street 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 4th Cross Street

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Tamil Nadu Housing Board 4th Cross Street guideline value

The current guideline value for Tamil Nadu Housing Board 4th Cross Street 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 4th Cross Street has changed

The guideline value for Tamil Nadu Housing Board 4th Cross Street has undergone several revisions over the years. The earliest recorded figure is from 2002, with a guideline value of Rs 632 per sq.ft. This increased significantly to Rs 681 per sq.ft in 2003, marking an 8% rise. The value continued to climb to Rs 3,000 per sq.ft in 2007, which was a substantial increase of 341%. In 2012, the guideline value saw a decrease to Rs 4,500 per sq.ft, reflecting a 50% increase from the previous figure. The value then dropped to Rs 3,015 per sq.ft in 2017, a decline of 33%. However, from 2017 to 2023, it rose by 49% to Rs 4,500 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 5,000 per sq.ft, an increase of 11% from 2023.

There are no figures available for the years not mentioned in the revisions for this street. Overall, from 2002 to 2024, the guideline value has increased by 691%.

Guideline values in Kottur

In Kottur village, there are 114 streets under the Adayar SRO that carry a guideline value for 2024, ranging from Rs 3,300 to Rs 15,400 per sq.ft. The median guideline value in this area is Rs 6,100 per sq.ft, indicating that Tamil Nadu Housing Board 4th Cross Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Tamil Nadu Housing Board 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value would be Rs 50,00,000. The stamp duty at 7% would amount to Rs 3,50,000, while the registration fee at 2% would be Rs 1,00,000. Together, the total cost for these fees would be Rs 4,50,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Tamil Nadu Housing Board 4th Cross Street?

The Tamil Nadu Housing Board 4th Cross Street is covered by 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 a crucial factor in property transactions in Kottur. It serves as a benchmark for calculating the stamp duty and registration fees when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of their transactions.

When registering a property, the guideline value will be used to determine the applicable fees. It is essential for both parties in a transaction to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Tamil Nadu Housing Board 4th Cross Street?

The current guideline value for Tamil Nadu Housing Board 4th Cross Street 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 this period.

What is the land classification for Tamil Nadu Housing Board 4th Cross Street?

Tamil Nadu Housing Board 4th Cross Street falls under the Residential Class IV Type - II land classification.

Where can I find the registration office for this area?

The registration office for Tamil Nadu Housing Board 4th Cross Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is 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, for a property valued at Rs 50,00,000, the stamp duty would be Rs 3,50,000 at a rate of 7%.