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Guideline Value for AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350

₹12600/sq.ft.

The guideline value for Ad-block 10th Main Road 2314, 2314a, 2315, 2321, 3349, 3350 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 Ad-block 10th Main Road 2314, 2314a, 2315, 2321, 3349, 3350

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AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350 guideline value

The current guideline value for AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350 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 AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350 has changed

The guideline value for AD-Block 10th Main Road has seen several revisions over the years. In the 2017 revision, the value was Rs 7,705 per sq.ft. This increased to Rs 11,500 per sq.ft in the 2023 revision, marking a significant rise of 49%. The current guideline value as of 2024 is Rs 12,600 per sq.ft, reflecting a 10% increase from the previous year.

Prior to the 2017 revision, the guideline value was Rs 11,500 per sq.ft in 2012, which was a decrease of 33% from the 2007 revision where it was Rs 11,000 per sq.ft. The overall change from the 2007 revision to the current 2024 revision is an increase of 15%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Naduvakkarai

Naduvakkarai village has 148 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 15,900 per sq.ft, with a median value of Rs 11,500 per sq.ft. The guideline value for AD-Block 10th Main Road is above this median.

Stamp duty and registration fee for property in AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350

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, making the total cost for these fees Rs 11,34,000. Duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350?

The Sub Registrar Office that covers AD-Block 10th Main Road 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 details.

How the guideline value is used when you buy or sell in Naduvakkarai

The guideline value is a crucial factor during the registration of property transactions in Naduvakkarai. It determines the minimum value at which properties 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 serves as a reference point for both buyers and sellers. It helps in assessing the fair value of the property, although the actual sale price may vary based on negotiations and market conditions.

Frequently asked questions

What is the current guideline value for AD-Block 10th Main Road?

The current guideline value for AD-Block 10th Main Road 2314, 2314A, 2315, 2321, 3349, 3350 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 increased from Rs 7,705 per sq.ft in 2017 to Rs 12,600 per sq.ft in 2024, with various changes in between, including a 49% increase from 2017 to 2023.

What is the land classification for this area?

The land classification for AD-Block 10th Main Road is Residential Special Type - I, indicating the specific zoning for residential development.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 11,34,000.

Which office handles the registration for this property?

The AnnaNagar Sub Registrar Office handles the registration for properties in AD-Block 10th Main Road, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.