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Guideline Value

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Guideline Value for AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696

₹15900/sq.ft.

The guideline value for Aa- Block, 2nd Avenue 4675, 4675a, 4676 To 4696 in Naduvakkarai village (Annanagar SRO, Chennai zone) is Rs 15900 per sq.ft, effective 1 July 2024. It was Rs 14500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Naduvakkarai

Village

AnnaNagar

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹15900 /sq.ft.
From 1-4-2023 ₹14500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9715 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹13500 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561062
[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 Aa- Block, 2nd Avenue 4675, 4675a, 4676 To 4696

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AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 guideline value

The current guideline value for AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 is Rs 15,900 per sq.ft, effective from 1 July 2024. This property is located in Naduvakkarai village and falls under the AnnaNagar SRO, classified as Commercial Class I Type - I.

How the guideline value of AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 has changed

The guideline value for this street has seen several revisions over the years. In 2007, the guideline value was Rs 13,500 per sq.ft, which increased to Rs 14,500 per sq.ft in 2012. However, it then decreased to Rs 9,715 per sq.ft in 2017. The next revision in 2023 raised the value significantly to Rs 14,500 per sq.ft, and the latest revision in 2024 set it at Rs 15,900 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. The change from 2012 to 2017 was a decrease of 33%. Overall, from 2007 to 2024, the guideline value has increased by 18%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Naduvakkarai

Naduvakkarai village has a total of 148 streets under the AnnaNagar SRO, with the 2024 guideline values ranging from Rs 3,300 to Rs 15,900 per sq.ft. The median guideline value for the village is Rs 11,500 per sq.ft, making the current value for AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 above the median.

Stamp duty and registration fee for property in AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696

For a 1,000 sq.ft plot at the current guideline value of Rs 15,900 per sq.ft, the total guideline value would be Rs 1,59,00,000. The stamp duty at 7% would amount to Rs 11,13,000, and the registration fee at 2% would be Rs 3,18,000, bringing the total fees together to Rs 14,31,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696?

The AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 falls under the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Naduvakkarai. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property in the area.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value for AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696?

The current guideline value for AA- Block, 2nd Avenue 4675, 4675A, 4676 to 4696 is Rs 15,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 13,500 per sq.ft in 2007 to Rs 15,900 per sq.ft in 2024, with several revisions in between, including a significant increase of 49% from 2017 to 2023.

What are the other streets with the same guideline value in Naduvakkarai?

Other streets in Naduvakkarai with the same 2024 guideline value of Rs 15,900 per sq.ft include AA-BLOCK 2ND AVENUE (New Colony) and AB- Block, 2nd Avenue 894, 4894 to 4907.

Where can I find the AnnaNagar Sub Registrar Office?

The AnnaNagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is stamp duty calculated for properties in Naduvakkarai?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. The current rate is 7% for stamp duty and 2% for the registration fee.