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Guideline Value

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Guideline Value for UNITED INDIA COLONY 2ND CROSS STREET

₹8200/sq.ft.

The guideline value for United India Colony 2nd Cross Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 8200 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹8200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹5025 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1714 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1561 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 United India Colony 2nd Cross Street

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United India Colony 2nd Cross Street guideline value

The current guideline value of United India Colony 2nd Cross Street is Rs 8,200 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of United India Colony 2nd Cross Street has changed

The guideline value for United India Colony 2nd Cross Street has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 1,561 per sq.ft. This increased to Rs 1,714 per sq.ft in 2003, marking a 10% rise. The value then saw a significant increase to Rs 2,400 per sq.ft in 2007, which was a 40% increase. Following that, the 2012 revision set the value at Rs 7,500 per sq.ft, reflecting a 213% increase from the previous revision.

The 2017 revision brought the value down to Rs 5,025 per sq.ft, which was a decrease of 33%. However, the most recent 2024 revision has raised the guideline value to Rs 8,200 per sq.ft, which is a 63% increase from 2017. It is important to note that the register has no figure for this street in 2023.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, placing United India Colony 2nd Cross Street's 2024 figure above that median.

Stamp duty and registration fee for property in United India Colony 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 8,200 per sq.ft, the total guideline value amounts to Rs 82,00,000. The stamp duty at 7% would be Rs 5,74,000, and the registration fee at 2% would be Rs 1,64,000, bringing the total fees together to Rs 7,38,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers United India Colony 2nd Cross Street?

The Kodambakkam Sub Registrar Office covers United India Colony 2nd Cross Street. The office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Puliyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. This ensures that both buyers and sellers are aware of the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of United India Colony 2nd Cross Street?

The current guideline value of United India Colony 2nd Cross Street is Rs 8,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 1,561 per sq.ft in 2002 to Rs 8,200 per sq.ft in 2024, reflecting an overall increase of 425% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 82,00,000, the stamp duty would be Rs 5,74,000 and the registration fee would be Rs 1,64,000, totaling Rs 7,38,000.

What is the land classification for United India Colony 2nd Cross Street?

The land classification for United India Colony 2nd Cross Street is Residential Special Type - I.

Which Sub Registrar Office handles registrations for this street?

The Kodambakkam Sub Registrar Office handles registrations for United India Colony 2nd Cross Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.