Guideline Value for ZACKRIYA COLONY 4TH STREET

Zackriya Colony 4th Street guideline value

The current guideline value of Zackriya Colony 4th Street is Rs 7,100 per sq.ft. This street is located in Puliyur village, under the Kodambakkam SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Zackriya Colony 4th Street has changed

Over the years, the guideline value of Zackriya Colony 4th Street has seen significant changes. The 2007 revision set the value at Rs 1,800 per sq.ft, which increased to Rs 6,500 per sq.ft in the 2012 revision. This figure remained unchanged in the 2023 revision. The most recent 2024 revision has raised the guideline value to Rs 7,100 per sq.ft, reflecting a 9% increase from 2023.

From 2007 to 2012, there was a notable increase of 261%, and overall, from 2007 to 2024, the guideline value has increased by 294%. The register has no figures for the years 2002, 2003, and 2017 for this street.

Guideline values in Puliyur

In Puliyur village, 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 guideline value in this area is Rs 5,800 per sq.ft, making the 2024 figure for Zackriya Colony 4th Street above the median.

• Zackriya Colony 3rd Street: Rs 7,100 per sq.ft (2024)
• Zackriya Colony Main Road: Rs 7,100 per sq.ft (2024)
• Zackriya Colony 2nd Street: Rs 7,100 per sq.ft (2024)
• Zackriya Colony 1st Street: Rs 7,100 per sq.ft (2024)
• West Sivan Koil 2nd Street: Rs 6,300 per sq.ft (2024)
• West Sivan Koil 1st Street: Rs 6,300 per sq.ft (2024)

Stamp duty and registration fee for property in Zackriya Colony 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value amounts to Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, bringing the total fees to Rs 6,39,000. 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 Zackriya Colony 4th Street?

The Sub Registrar Office that covers Zackriya Colony 4th 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 critical factor in determining the stamp duty and registration fees. The guideline value is set by the government and is used to assess the value of the property for registration purposes.

It is essential to be aware that the guideline value may differ from the actual sale price, and the higher amount will be used to calculate the applicable duties and fees during the registration process.

Frequently asked questions

What is the current guideline value of Zackriya Colony 4th Street?

The current guideline value of Zackriya Colony 4th Street is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,800 per sq.ft in 2007 to Rs 7,100 per sq.ft in 2024, marking an overall increase of 294% over this period.

What is the land classification for Zackriya Colony 4th Street?

The land classification for Zackriya Colony 4th Street is Residential Special Type - II.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Zackriya Colony 4th Street is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees amount to Rs 6,39,000.