Guideline Value

Corporate

Guideline Value for VALLIAMMAL STREET. CHENNAI-24

₹5800/sq.ft.

The guideline value for Valliammal Street. Chennai-24 in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5800 per sq.ft, effective 1 July 2024. It was Rs 5300 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5800 /sq.ft.
From 1-4-2023 ₹5300 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹5300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
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 Valliammal Street. Chennai-24

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Valliammal Street. Chennai-24 guideline value

The current guideline value of Valliammal Street. Chennai-24 is Rs 5,800 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village and falls under the Kodambakkam SRO, classified as Residential Class I Type - I.

How the guideline value of Valliammal Street. Chennai-24 has changed

Over the years, the guideline value for Valliammal Street has seen several revisions. The 2007 revision set the value at Rs 1,400 per sq.ft, which saw a significant increase to Rs 5,300 per sq.ft in the 2012 revision. This figure remained unchanged until the 2023 revision, where it was again Rs 5,300 per sq.ft. The latest revision in 2024 raised the guideline value to Rs 5,800 per sq.ft, marking a 9% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 314%. Notably, there are no figures available for the years 2002, 2003, and 2017 in the register for this street.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with a 2024 guideline value range from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value for these streets is Rs 5,800 per sq.ft, which matches the current value for Valliammal Street.

Stamp duty and registration fee for property in Valliammal Street. Chennai-24

For a 1,000 sq.ft plot at the current guideline value of Rs 5,800 per sq.ft, the total guideline value would be Rs 58,00,000. The stamp duty at 7% would be Rs 4,06,000, and the registration fee at 2% would be Rs 1,16,000, totaling Rs 5,22,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Valliammal Street. Chennai-24?

The Sub Registrar Office that covers Valliammal 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 details.

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

When buying or selling property in Puliyur, the guideline value is a crucial factor used during the registration process. It serves as a benchmark for determining the stamp duty and registration fees that are applicable to the transaction.

The guideline value ensures that the property is registered at a fair value, reflecting the current market conditions as determined by the authorities. This value is essential for both buyers and sellers to understand their financial obligations during property transactions.

Frequently asked questions

What is the current guideline value of Valliammal Street. Chennai-24?

The current guideline value of Valliammal Street. Chennai-24 is Rs 5,800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2007 to Rs 5,800 per sq.ft in 2024, marking an overall increase of 314% over the years.

What is the registration office for Valliammal Street. Chennai-24?

The registration office for Valliammal Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What are the stamp duty rates applicable?

The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the guideline value.

Are there other streets in Puliyur with different guideline values?

Yes, there are several other streets in Puliyur with varying guideline values. For example, Valliammal Garden Main Road and its adjacent streets have a guideline value of Rs 6,300 per sq.ft, while Vallalar Street (Vadapalani) has a guideline value of Rs 4,400 per sq.ft.