Guideline Value

Corporate

Guideline Value for AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134

₹12600/sq.ft.

The guideline value for Ab- Block, 3rd Main Road 4829, 4893, 5132, 5132a, 5133, 5134 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 Ab- Block, 3rd Main Road 4829, 4893, 5132, 5132a, 5133, 5134

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134 guideline value

The current guideline value for AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Naduvakkarai village and falls under the AnnaNagar SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134 has changed

The guideline value for this street has experienced several revisions over the years. The earliest available figure is from 2007, which was Rs 11,000 per sq.ft. This increased to Rs 11,500 per sq.ft in 2012, followed by a decrease to Rs 7,705 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 11,500 per sq.ft. The most recent revision in 2024 saw a further increase of 10%, resulting in the current guideline value of Rs 12,600 per sq.ft.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 15%.

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 in this village is Rs 11,500 per sq.ft, making the current value of AB- Block, 3rd Main Road above the median.

Stamp duty and registration fee for property in AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,26,00,000. The stamp duty at 7% would be Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, totaling Rs 11,34,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134?

The Sub Registrar Office that covers this property is 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 in the registration of properties in Naduvakkarai. It is used to determine the stamp duty and registration fees that must be paid during the transfer of property ownership. Buyers and sellers must be aware of the guideline value to ensure compliance with the legal requirements for property transactions.

When a property is sold, the guideline value is considered the minimum value for the transaction. This means that if the sale price is lower than the guideline value, the stamp duty and registration fees will be calculated based on the guideline value instead of the sale price.

Frequently asked questions

What is the current guideline value for AB- Block, 3rd Main Road?

The current guideline value for AB- Block, 3rd Main Road 4829, 4893, 5132, 5132A, 5133, 5134 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 is the land classification for this area?

The land classification for AB- Block, 3rd Main Road is Residential Special Type - I, indicating its suitability for residential development.

What is the stamp duty for a property in this area?

The stamp duty for a property in AB- Block, 3rd Main Road is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 8,82,000.

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

The Sub Registrar Office for AB- Block, 3rd Main Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.