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Guideline Value

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Guideline Value for ANNA M.G.R NAGAR GANDHI STREET

₹1320/sq.ft.

The guideline value for Anna M.g.r Nagar Gandhi Street in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1200 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Anna M.g.r Nagar Gandhi Street

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Anna M.G.R Nagar Gandhi Street guideline value

The current guideline value of Anna M.G.R Nagar Gandhi Street is Rs 1,320 per sq.ft. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Anna M.G.R Nagar Gandhi Street has changed

The guideline value for Anna M.G.R Nagar Gandhi Street has undergone revisions over the years. The most recent revision in 2024 set the guideline value at Rs 1,320 per sq.ft, which reflects a 10% increase from the 2012 revision figure of Rs 1,200 per sq.ft. Notably, the register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

To summarize the revisions, the 2012 figure was Rs 1,200 per sq.ft, and the 2024 revision increased this to Rs 1,320 per sq.ft. This change indicates a steady adjustment in property values in the area over the years.

Guideline values in Pallikaranai

Pallikaranai village has a total of 749 streets under the Chennai South Joint I SRO with a 2024 guideline value range from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Anna M.G.R Nagar Gandhi Street's 2024 figure below that median.

Stamp duty and registration fee for property in Anna M.G.R Nagar Gandhi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty is calculated at 7%, which totals Rs 92,400, while the registration fee at 2% comes to Rs 26,400. Together, these fees amount to Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna M.G.R Nagar Gandhi Street?

The Sub Registrar Office that covers Anna M.G.R Nagar Gandhi Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value serves as a benchmark for property transactions in Pallikaranai. It is used to determine the stamp duty and registration fees that must be paid when registering a property sale.

When buying or selling property, the guideline value is crucial as it ensures that the transaction is recorded accurately in the official register. Buyers and sellers must consider this value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Anna M.G.R Nagar Gandhi Street?

The current guideline value of Anna M.G.R Nagar Gandhi Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,200 per sq.ft in 2012 to Rs 1,320 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the median guideline value in Pallikaranai?

The median guideline value for streets in Pallikaranai is Rs 1,650 per sq.ft. Anna M.G.R Nagar Gandhi Street's 2024 figure is below this median.

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

For a property valued at Rs 13,20,000, the stamp duty is Rs 92,400, and the registration fee is Rs 26,400, totaling Rs 1,18,800. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Anna M.G.R Nagar Gandhi Street?

The Chennai South Joint I Sub Registrar Office handles registrations for Anna M.G.R Nagar Gandhi Street. It is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.