Guideline Value

Corporate

Guideline Value for AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021

₹12600/sq.ft.

The guideline value for Ac- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021 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 Ac- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021

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AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021 guideline value

The current guideline value for AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996, 5021 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 is Residential Special Type - I.

How the guideline value of AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021 has changed

The guideline value for this street has undergone several revisions over the years. In 2007, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, it saw a decrease to Rs 7,705 per sq.ft in 2017. The subsequent revision in 2023 raised the figure to Rs 11,500 per sq.ft, and the latest revision in 2024 has set the value at Rs 12,600 per sq.ft. Notably, the register has no figure for this street for the years 2002 and 2003.

Examining the changes, from 2017 to 2023, there was a significant increase of 49%. The value increased by 10% from 2023 to 2024. The overall change from 2007 to 2024 reflects a rise of 15%.

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 of 2024. The median value for these streets is Rs 11,500 per sq.ft, placing AC- Block, 6th Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021

For a 1,000 sq.ft plot at the current rate of Rs 12,600 per sq.ft, the 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, totaling 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 use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996,5021?

The AC- Block, 6th Main Road 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 is a crucial factor during property registration in Naduvakkarai. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps in assessing the transaction's legitimacy. The stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring compliance with legal requirements.

Frequently asked questions

What is the current guideline value for AC- Block, 6th Main Road?

The current guideline value for AC- Block, 6th Main Road 4942, 4973, 4974, 4995, 4996, 5021 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 median guideline value in Naduvakkarai?

The median guideline value in Naduvakkarai is Rs 11,500 per sq.ft, while the guideline value for AC- Block, 6th Main Road is above this median.

What are the stamp duty rates for property in this area?

The stamp duty for property in this area is 7% of the guideline value or sale price, whichever is higher, along with a registration fee of 2%.

Where is the AnnaNagar Sub Registrar Office located?

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