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Guideline Value

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Guideline Value for UNITED INDIA COLONY 4TH CROSS STREET

₹8200/sq.ft.

The guideline value for United India Colony 4th Cross Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 8200 per sq.ft, effective 1 July 2024. It was Rs 7500 per sq.ft from 1 April 2023, a 9% change. 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 ₹7500 /sq.ft.
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 ₹1861 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1695 /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 4th Cross Street

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United India Colony 4th Cross Street guideline value

The current guideline value of United India Colony 4th Cross Street is Rs 8,200 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, and it falls under the land classification of Residential Special Type - I.

How the guideline value of United India Colony 4th Cross Street has changed

The guideline value for United India Colony 4th Cross Street has seen several revisions over the years. The earliest recorded revision was in 2002, with a guideline value of Rs 1,695 per sq.ft. This value increased to Rs 1,861 per sq.ft in 2003, marking a change of +10%. In 2007, the value rose significantly to Rs 2,400 per sq.ft, which represented a +29% increase. The 2012 revision saw the value jump to Rs 7,500 per sq.ft, an increase of +213%. However, in 2017, the value dropped to Rs 5,025 per sq.ft, reflecting a decrease of -33%. The guideline value then increased to Rs 7,500 per sq.ft in 2023, with a change of +49%. The most recent revision in 2024 set the value at Rs 8,200 per sq.ft, marking a +9% increase from the previous year.

There are no figures available for revisions in the years not mentioned for this street. Overall, from 2002 to 2024, the guideline value has increased by +384%.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft in 2024. The median guideline value for these streets is Rs 5,800 per sq.ft, placing United India Colony 4th Cross Street above that median.

Stamp duty and registration fee for property in United India Colony 4th 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 would be Rs 82,00,000. The stamp duty at 7% would amount to Rs 5,74,000, and the registration fee at 2% would be Rs 1,64,000, bringing the total charges to Rs 7,38,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers United India Colony 4th Cross Street?

The Sub Registrar Office that covers United India Colony 4th Cross Street is the Kodambakkam Sub Registrar Office, 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 an essential factor when registering a property in Puliyur. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased. When a transaction occurs, the registration fees and stamp duties are calculated based on this guideline value.

When buying or selling property, it is crucial to be aware of the guideline value, as it affects the overall cost involved in the transaction. Buyers should ensure that the sale price is not lower than the guideline value to avoid any legal issues during registration.

Frequently asked questions

What is the current guideline value of United India Colony 4th Cross Street?

The current guideline value of United India Colony 4th 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 significantly over the years, with the most recent increase from Rs 7,500 per sq.ft in 2023 to Rs 8,200 per sq.ft in 2024, a change of +9%. Overall, from 2002 to 2024, the value has increased by +384%.

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

The stamp duty is charged at 7%, while the registration fee is 2% of the guideline value. For a property valued at Rs 82,00,000, the total stamp duty and registration fees would amount to Rs 7,38,000.

Which Sub Registrar Office serves United India Colony 4th Cross Street?

The Kodambakkam Sub Registrar Office serves United India Colony 4th Cross Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What is the land classification for United India Colony 4th Cross Street?

The land classification for United India Colony 4th Cross Street is Residential Special Type - I, indicating its designation for residential purposes.