Guideline Value

Corporate

Guideline Value for AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291

₹12600/sq.ft.

The guideline value for Aj- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291 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 Aj- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291

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AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291 guideline value

The current guideline value for AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Naduvakkarai village, under the AnnaNagar SRO, and is classified as Residential Special Type - I.

How the guideline value of AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291 has changed

The guideline value for AJ- Block, 10th Main Road has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 11,000 per sq.ft. This increased to Rs 11,500 per sq.ft in 2012, then decreased to Rs 7,705 per sq.ft in 2017. Following this, the value rose significantly to Rs 11,500 per sq.ft in 2023, and currently stands at Rs 12,600 per sq.ft as of the 2024 revision.

Between the revisions, there were notable changes. From 2017 to 2023, the guideline value increased by 49%. The value decreased by 33% from 2012 to 2017. There was a slight increase of 5% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 15%. The register has no figures for the years 2002 and 2003 for this street.

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 value for these streets is Rs 11,500 per sq.ft, placing AJ- Block, 10th Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291

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 to 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 AJ- Block, 10th Main Road 2487, 2594, 2595, 2619, 2520, 3240, 3265, 3266, 3291?

The Sub Registrar Office that covers AJ- 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 an essential factor in the registration process for property transactions in Naduvakkarai. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable during the transaction.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is considered for calculating the stamp duty. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

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

The current guideline value for AJ- Block, 10th Main Road 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, with various increases and decreases in between.

What is the land classification for AJ- Block, 10th Main Road?

The land classification for AJ- Block, 10th Main Road is Residential Special Type - I.

Which Sub Registrar Office is responsible for this area?

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

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 1,26,00,000, the stamp duty would be calculated at 7% of that amount.