Guideline Value

Corporate

Guideline Value for ANNA NAGAR PHASE-II MAIN ROAD

₹1650/sq.ft.

The guideline value for Anna Nagar Phase-ii Main Road 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-ii Main Road

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Anna Nagar Phase-II Main Road guideline value

The current guideline value of Anna Nagar Phase-II Main Road is Rs 1,650 per sq.ft, effective from 1 July 2024. This road 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-II Main Road has changed

The guideline value for Anna Nagar Phase-II Main Road has seen several revisions over the years. The earliest recorded revision was in 2012, with a value of Rs 1,500 per sq.ft. This was followed by a decrease to Rs 1,005 per sq.ft in 2017, and a subsequent increase to Rs 1,500 per sq.ft in 2023. The latest revision in 2024 set the value at Rs 1,650 per sq.ft, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased significantly by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thundalam

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

Stamp duty and registration fee for property in Anna Nagar Phase-II Main Road

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, bringing the total to Rs 1,48,500. 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 Nagar Phase-II Main Road?

The Sub Registrar Office that covers Anna Nagar Phase-II Main Road 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 plays a crucial role during property transactions in Thundalam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property. The guideline value is assessed by the local registration authority and is based on various factors, including the location and classification of the property.

When a property is registered, the buyer must pay the applicable stamp duty and registration fees 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 of Anna Nagar Phase-II Main Road?

The current guideline value of Anna Nagar Phase-II Main Road 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 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

What is the land classification of Anna Nagar Phase-II Main Road?

Anna Nagar Phase-II Main Road is classified as Residential Class IV Type - II.

Where can I find the registration office for Anna Nagar Phase-II Main Road?

The registration office 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.

How is stamp duty calculated for properties in Thundalam?

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 16,50,000, the stamp duty would be calculated accordingly.