Guideline Value

Corporate

Guideline Value for AA- Block, 3rd Avenue 4686 to 4698

₹15900/sq.ft.

The guideline value for Aa- Block, 3rd Avenue 4686 To 4698 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, 3rd Avenue 4686 To 4698

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AA- Block, 3rd Avenue 4686 to 4698 guideline value

The current guideline value for AA- Block, 3rd Avenue 4686 to 4698 is Rs 15,900 per sq.ft. This property is located in Naduvakkarai village and falls under the AnnaNagar SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of AA- Block, 3rd Avenue 4686 to 4698 has changed

The guideline value for AA- Block, 3rd Avenue 4686 to 4698 has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 13,500 per sq.ft. In 2012, it changed to Rs 14,500 per sq.ft, marking an increase of 7%. However, in 2017, the value decreased to Rs 9,715 per sq.ft, which was a significant drop of 33%. The next revision in 2023 saw the value rise to Rs 14,500 per sq.ft, an increase of 49%. Finally, the most recent revision in 2024 set the value at Rs 15,900 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 18%.

Guideline values in Naduvakkarai

Naduvakkarai has a total of 148 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 15,900 per sq.ft. The median guideline value for the area is Rs 11,500 per sq.ft, placing AA- Block, 3rd Avenue 4686 to 4698 above this median.

Stamp duty and registration fee for property in AA- Block, 3rd Avenue 4686 to 4698

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 to Rs 14,31,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AA- Block, 3rd Avenue 4686 to 4698?

The Sub Registrar Office that covers AA- Block, 3rd Avenue 4686 to 4698 is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By 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 in the registration process when buying or selling property in Naduvakkarai. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for AA- Block, 3rd Avenue 4686 to 4698?

The current guideline value for AA- Block, 3rd Avenue 4686 to 4698 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 undergone several revisions, starting from Rs 13,500 per sq.ft in 2007, dropping to Rs 9,715 per sq.ft in 2017, and then increasing to Rs 15,900 per sq.ft in 2024.

What is the land classification for this property?

The land classification for AA- Block, 3rd Avenue 4686 to 4698 is Commercial Class I Type - I, indicating its commercial use.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For AA- Block, 3rd Avenue 4686 to 4698, the guideline value is Rs 15,900 per sq.ft.

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

The Sub Registrar Office covering AA- Block, 3rd Avenue 4686 to 4698 is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. You can find more information through the provided link.