Guideline Value

Corporate

Guideline value, street

Guideline Value for Aj- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305

₹12600/sq.ft.effective 1 July 2024

Chennai zone Naduvakkarai village AnnaNagar SRO Residential Special Type - I

The guideline value for Aj- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305 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:

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, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305

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AJ- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305 guideline value

The current guideline value for AJ- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305 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, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305 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. Following that, the value rose significantly to Rs 11,500 per sq.ft in 2023, and most recently, it has been set at Rs 12,600 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 15%. Notably, the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Naduvakkarai

Naduvakkarai village features a range of guideline values across its 148 streets, with figures for 2024 ranging from Rs 3,300 to Rs 15,900 per sq.ft. The median guideline value in this area is Rs 11,500 per sq.ft, placing AJ- Block, 9th Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in AJ- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305

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. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AJ- Block, 9th Main Road 2477, 2583, 2627, 2628, 2631, 3252, 3253, 3278, 3279, 3304, 3305?

The AJ- Block, 9th Main Road is covered by 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 plays a crucial role in the registration process of property transactions in Naduvakkarai. It is the benchmark used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

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

Frequently asked questions

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

The current guideline value for AJ- Block, 9th 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 revisions in between.

What is the land classification for this area?

The land classification for AJ- Block, 9th Main Road is Residential Special Type - I.

Where can I find the Sub Registrar Office for this property?

The AnnaNagar Sub Registrar Office covers this property, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the 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, with rates set at 7% for stamp duty and 2% for registration fees.