Guideline Value

Corporate

Guideline Value for AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799

₹12600/sq.ft.

The guideline value for Aa- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799 in Naduvakkarai village (Annanagar SRO, Chennai zone) is Rs 12600 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Naduvakkarai

Village

AnnaNagar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12600 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹11000 /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 Main Road 471, 4713, 4747, 4748, 4774, 4799

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AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799 guideline value

The current guideline value for AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Naduvakkarai village under the AnnaNagar SRO and is classified as Residential Special Type - I.

How the guideline value of AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799 has changed

The guideline value for this street has seen several changes over the years. In the 2007 revision, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, it then dropped to Rs 7,705 per sq.ft in the 2017 revision. The value rose significantly to Rs 11,500 per sq.ft in the 2023 revision, and the most recent revision in 2024 set the value at Rs 12,600 per sq.ft. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%, while the jump from 2023 to 2024 was 10%. The overall change from 2007 to 2024 reflects a 15% increase in the guideline value.

Guideline values in Naduvakkarai

Naduvakkarai village has a total of 148 streets under the AnnaNagar SRO, with guideline values ranging from Rs 3,300 to Rs 15,900 per sq.ft as per the 2024 revision. The median guideline value for these streets is Rs 11,500 per sq.ft, placing the 2024 value of AA- Block, 3rd Main Road at a level above this median.

Stamp duty and registration fee for property in AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799

For a 1,000 sq.ft plot at the current guideline value of Rs 12,600 per sq.ft, the total guideline value would be Rs 1,26,00,000. The stamp duty at 7% would amount to Rs 8,82,000, while the registration fee at 2% would be Rs 2,52,000, bringing the total fees to Rs 11,34,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799?

The AA- Block, 3rd Main Road is covered by 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 details.

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 serves as a benchmark for calculating the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable fees. 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 Main Road?

The current guideline value for AA- Block, 3rd Main Road 471, 4713, 4747, 4748, 4774, 4799 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 11,000 per sq.ft in 2007 to Rs 12,600 per sq.ft in 2024, reflecting an overall increase of 15% over the years.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in Tamil Nadu is typically 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

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

The AnnaNagar Sub Registrar Office covers this property and is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the guideline value determined?

The guideline value is determined by the Registration Department and is revised periodically to reflect changes in the real estate market and land classification in the area.