Guideline Value

Corporate

Guideline Value for AK- Block, 14th Main Road 14th Main Road 2945 to 2948

₹13200/sq.ft.

The guideline value for Ak- Block, 14th Main Road 14th Main Road 2945 To 2948 in Thirumangalam village (Annanagar SRO, Chennai zone) is Rs 13200 per sq.ft, effective 1 July 2024. It was Rs 12000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumangalam

Village

AnnaNagar

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹13200 /sq.ft.
From 1-4-2023 ₹12000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8040 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹12000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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 Ak- Block, 14th Main Road 14th Main Road 2945 To 2948

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AK- Block, 14th Main Road 14th Main Road 2945 to 2948 guideline value

The current guideline value for AK- Block, 14th Main Road 14th Main Road 2945 to 2948 is Rs 13,200 per sq.ft, effective from 1 July 2024. This property is located in Thirumangalam village under the AnnaNagar SRO, classified as Mixed Type - II.

How the guideline value of AK- Block, 14th Main Road 14th Main Road 2945 to 2948 has changed

The guideline value for this street has seen several revisions over the years. In 2012, the value was Rs 12,000 per sq.ft, which decreased to Rs 8,040 per sq.ft in 2017. Following this, the value increased significantly to Rs 12,000 per sq.ft in 2023, and then to Rs 13,200 per sq.ft in 2024, marking a 10% increase from the previous year. Overall, from 2012 to 2024, the value has increased by 10%.

For the years 2002, 2003, and 2007, the register has no figure for this street. The 2017 revision of Rs 8,040 per sq.ft represented a 49% increase from the 2012 figure, while the change from 2012 to 2017 was a decrease of 33%.

Guideline values in Thirumangalam

In Thirumangalam, there are 149 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 the 2024 guideline value of AK- Block, 14th Main Road 14th Main Road 2945 to 2948 above the median.

Stamp duty and registration fee for property in AK- Block, 14th Main Road 14th Main Road 2945 to 2948

For a 1,000 sq.ft plot at the current rate of Rs 13,200 per sq.ft, the guideline value amounts to Rs 1,32,00,000. The stamp duty at 7% would be Rs 9,24,000, and the registration fee at 2% would be Rs 2,64,000, totaling Rs 11,88,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AK- Block, 14th Main Road 14th Main Road 2945 to 2948?

The AK- Block, 14th Main Road 14th Main Road 2945 to 2948 property falls under the jurisdiction of 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 Thirumangalam

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumangalam. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented accurately.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for AK- Block, 14th Main Road 14th Main Road 2945 to 2948?

The current guideline value for AK- Block, 14th Main Road 14th Main Road 2945 to 2948 is Rs 13,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 12,000 per sq.ft in 2012 to Rs 8,040 per sq.ft in 2017, then to Rs 12,000 per sq.ft in 2023, and finally to Rs 13,200 per sq.ft in 2024.

What is the land classification for this property?

The land classification for AK- Block, 14th Main Road 14th Main Road 2945 to 2948 is Mixed Type - II.

Which Sub Registrar Office covers this area?

The AnnaNagar Sub Registrar Office covers AK- Block, 14th Main Road 14th Main Road 2945 to 2948, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the stamp duty calculated for properties in Thirumangalam?

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 1,32,00,000, the stamp duty at 7% would be Rs 9,24,000.