Guideline Value

Corporate

Guideline Value for AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School

₹12600/sq.ft.

The guideline value for Ai- Block, 9th Main Road 2476, 2581, 2582, 5042b, 5042g Anna Adarsh Matriculation Higher Secondary School 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 Ai- Block, 9th Main Road 2476, 2581, 2582, 5042b, 5042g Anna Adarsh Matriculation Higher Secondary School

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AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School guideline value

The current guideline value for AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School 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 AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School has changed

The guideline value for this street has seen several revisions over the years. The 2017 revision set the value at Rs 7,705 per sq.ft, which was a decrease of 33% from the 2012 revision of Rs 11,500 per sq.ft. Following this, the 2023 revision increased the value to Rs 11,500 per sq.ft, marking a significant increase of 49% from the 2017 figure. The latest revision in 2024 raised the guideline value to Rs 12,600 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. The overall change from the 2007 revision, which was Rs 11,000 per sq.ft, to the current 2024 figure shows an increase of 15% over the years.

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 for these streets is Rs 11,500 per sq.ft, placing the 2024 figure for AI- Block, 9th Main Road above that median.

Stamp duty and registration fee for property in AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School

For a 1,000 sq.ft plot at the current rate of Rs 12,600 per sq.ft, the guideline value would be Rs 1,26,00,000. The stamp duty at 7% would amount to Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, totaling Rs 11,34,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School?

The Sub Registrar Office that covers this area is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find more information by visiting find your SRO.

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 is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for AI- Block, 9th Main Road?

The current guideline value for AI- Block, 9th Main Road 2476, 2581, 2582, 5042B, 5042G Anna Adarsh matriculation Higher Secondary School 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 7,705 per sq.ft in 2017 to Rs 12,600 per sq.ft in 2024, reflecting various increases and decreases in the intervening years.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in this area is 7% of the guideline value or sale price, whichever is higher. Registration fees are charged at 2% of the guideline value.

Which office handles registrations for this area?

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

What is the land classification for this property?

The land classification for AI- Block, 9th Main Road is Residential Special Type - I, indicating its designated use within the locality.