Guideline Value

Corporate

Guideline Value for AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906

₹12600/sq.ft.

The guideline value for Ab- Block, 6th Main Road 4814, 4830 To 4835, 4878, 4906 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, 6th Main Road 4814, 4830 To 4835, 4878, 4906

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AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 guideline value

The current guideline value for AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Naduvakkarai village, under the jurisdiction of the AnnaNagar SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 has changed

Over the years, the guideline value for this street has seen several revisions. In 2007, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, it then decreased to Rs 7,705 per sq.ft in 2017. From 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 11,500 per sq.ft. The most recent revision in 2024 set the value at Rs 12,600 per sq.ft, marking a 10% increase from the previous year.

The register does not provide figures 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

In Naduvakkarai, there are 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 these streets is Rs 11,500 per sq.ft, making the 2024 figure for this street above that median.

Stamp duty and registration fee for property in AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906

For a 1,000 sq.ft plot at the current guideline value of Rs 12,600 per sq.ft, the total guideline value amounts to 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, bringing the total costs to Rs 11,34,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906?

The AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 falls under 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 during the registration of property transactions in Naduvakkarai. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, both the buyer and seller must be aware of the guideline value, as it affects the overall costs involved in the transaction. This value ensures transparency and helps in determining fair charges during the registration process.

Frequently asked questions

What is the current guideline value for AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906?

The current guideline value for AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 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 significantly over the years, with the most recent increase from Rs 11,500 per sq.ft in 2023 to Rs 12,600 per sq.ft in 2024. The value saw a decrease from Rs 11,500 per sq.ft in 2012 to Rs 7,705 per sq.ft in 2017 before increasing again.

What is the land classification for this property?

The land classification for AB- Block, 6th Main Road 4814, 4830 to 4835, 4878, 4906 is Residential Special Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for this property?

The stamp duty for a property valued at Rs 1,26,00,000 would be Rs 8,82,000, and the registration fee would be Rs 2,52,000, totaling Rs 11,34,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for this property?

The AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, is responsible for handling registrations for this property.