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Guideline Value

Corporate

Guideline Value for Thiruveedhi Amman Koil Main Road

₹2200/sq.ft.

The guideline value for Thiruveedhi Amman Koil Main Road in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹381 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹320 /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 Thiruveedhi Amman Koil Main Road

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Thiruveedhi Amman Koil Main Road guideline value

The current guideline value of Thiruveedhi Amman Koil Main Road is Rs 2,200 per sq.ft, effective from 1 July 2024. This road is located in Kottivakkam village under the Adayar SRO and falls under the Residential Class IV Type - II land classification.

How the guideline value of Thiruveedhi Amman Koil Main Road has changed

The guideline value for Thiruveedhi Amman Koil Main Road has undergone several revisions over the years. In 2002, the guideline value was Rs 320 per sq.ft, which increased to Rs 381 per sq.ft in 2003, marking a 19% rise. The value saw a significant jump to Rs 1,250 per sq.ft in 2007, reflecting a 228% increase. By 2012, the value adjusted to Rs 2,000 per sq.ft, showing a decrease of 33% from the previous revision. The value then increased to Rs 1,340 per sq.ft in 2017, followed by a rise to Rs 2,000 per sq.ft in 2023, before reaching the current value of Rs 2,200 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 588%. The register has no figure for the years between 2012 and 2017 for this street.

Guideline values in Kottivakkam

Kottivakkam has a total of 284 streets under the Adayar SRO with a guideline value range from Rs 1,700 to Rs 8,500 per sq.ft as of 2024. The median value for these streets is Rs 3,900 per sq.ft, placing Thiruveedhi Amman Koil Main Road's current guideline value below that median.

Stamp duty and registration fee for property in Thiruveedhi Amman Koil Main Road

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruveedhi Amman Koil Main Road?

The Thiruveedhi Amman Koil Main Road 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 Kottivakkam

The guideline value serves as a reference point for determining the minimum value of a property during registration. It is essential for buyers and sellers to be aware of this value, as it influences the stamp duty and registration fees applicable during a property transaction.

When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are paid based on the established guideline value.

Frequently asked questions

What is the current guideline value of Thiruveedhi Amman Koil Main Road?

The current guideline value of Thiruveedhi Amman Koil Main Road is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 320 per sq.ft in 2002 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 588% over the years.

What is the stamp duty rate for properties in Thiruveedhi Amman Koil Main Road?

The stamp duty rate for properties in Thiruveedhi Amman Koil Main Road is 7% of the guideline value or the sale price, whichever is higher.

Where is the Adayar Sub Registrar Office located?

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

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum value of a property for registration purposes, influencing the stamp duty and registration fees that need to be paid during a transaction.