Guideline Value

Corporate

Guideline Value for ANNA NAGAR / PHASE I

₹1650/sq.ft.

The guideline value for Anna Nagar / Phase I in Thundalam village (Chennai South Joint I SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thundalam

Village

Chennai South Joint I

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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 Nagar / Phase I

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Anna Nagar / Phase I guideline value

The current guideline value for Anna Nagar / Phase I is Rs 1,650 per sq.ft, effective from 1 July 2024. This area is located in Thundalam village and falls under the Chennai South Joint I SRO, classified as Residential Class IV Type - II.

How the guideline value of Anna Nagar / Phase I has changed

The guideline value for Anna Nagar / Phase I has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,650 per sq.ft, an increase from Rs 1,500 per sq.ft in 2023, marking a 10% rise. Prior to that, the 2017 revision recorded the value at Rs 1,005 per sq.ft, which was a significant increase of 49% from the 2012 figure of Rs 1,500 per sq.ft. The 2012 revision had seen a decrease of 33% from the 2017 value.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thundalam

In Thundalam, there are 97 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,870 per sq.ft, placing Anna Nagar / Phase I's 2024 figure below that median.

Stamp duty and registration fee for property in Anna Nagar / Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar / Phase I?

The Sub Registrar Office that covers Anna Nagar / Phase I 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 Thundalam

The guideline value is a crucial factor in property transactions in Thundalam, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value.

During the registration process, buyers and sellers must consider the guideline value to ensure compliance with legal requirements. The registration office uses this value to assess the appropriate fees, which are necessary for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Anna Nagar / Phase I?

The current guideline value of Anna Nagar / Phase I is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024. It was Rs 1,005 per sq.ft in 2017 and Rs 1,500 per sq.ft in 2012, showing various fluctuations over the years.

What is the land classification for Anna Nagar / Phase I?

Anna Nagar / Phase I is classified as Residential Class IV Type - II, indicating its designation for residential use.

Where can I find the Sub Registrar Office for Anna Nagar / Phase I?

The Sub Registrar Office for Anna Nagar / Phase I is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for property in Anna Nagar / Phase I?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 16,50,000, the stamp duty at 7% would be Rs 1,15,500.