Guideline Value

Corporate

Guideline Value for ANAND NAGAR 6th CROSS STREET

₹4400/sq.ft.

The guideline value for Anand Nagar 6th Cross Street in Okkiyamthuraipakkam village (Neelankarai SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Okkiyamthuraipakkam

Village

Neelankarai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Anand Nagar 6th Cross Street

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ANAND NAGAR 6th CROSS STREET guideline value

The current guideline value of ANAND NAGAR 6th CROSS STREET is Rs 4,400 per sq.ft. This street is located in Okkiyamthuraipakkam village, under the jurisdiction of the Neelankarai SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of ANAND NAGAR 6th CROSS STREET has changed

The guideline value for ANAND NAGAR 6th CROSS STREET has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 4,000 per sq.ft. This figure remained the same until the next revision in 2017, which saw a decrease to Rs 2,680 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 4,000 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 4,400 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for ANAND NAGAR 6th CROSS STREET. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Okkiyamthuraipakkam

In Okkiyamthuraipakkam village, there are 453 streets under the Neelankarai SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 3,300 per sq.ft, making the guideline value of ANAND NAGAR 6th CROSS STREET above the median.

Stamp duty and registration fee for property in ANAND NAGAR 6th CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty, charged at 7%, would amount to Rs 3,08,000, while the registration fee at 2% would be Rs 88,000. Together, these fees would total Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers ANAND NAGAR 6th CROSS STREET?

The Sub Registrar Office that covers ANAND NAGAR 6th CROSS STREET is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Okkiyamthuraipakkam. It serves as the benchmark for determining the minimum value at which a property can be registered. When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

Additionally, the guideline value helps in maintaining transparency in property transactions. Buyers and sellers can refer to the guideline value to understand the official valuation of properties, which aids in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of ANAND NAGAR 6th CROSS STREET?

The current guideline value of ANAND NAGAR 6th CROSS STREET is Rs 4,400 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024, reflecting a 10% increase. From 2017 to 2023, it increased by 49% from Rs 2,680 per sq.ft to Rs 4,000 per sq.ft.

What is the land classification for ANAND NAGAR 6th CROSS STREET?

ANAND NAGAR 6th CROSS STREET is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for this street located?

The Neelankarai Sub Registrar Office, which covers ANAND NAGAR 6th CROSS STREET, is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.