Guideline Value

Corporate

Guideline Value for ANNA NETUNCHALAI (MAYANAM SALAI)

₹3900/sq.ft.

The guideline value for Anna Netunchalai (mayanam Salai) in Perungudi village (Neelankarai SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perungudi

Village

Neelankarai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1937 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹600 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹269 /sq.ft.
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]

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Anna Netunchalai (Mayanam Salai) guideline value

The current guideline value of Anna Netunchalai (Mayanam Salai) is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Perungudi village, under the Neelankarai SRO, and is classified as Residential Class II Type - I.

How the guideline value of Anna Netunchalai (Mayanam Salai) has changed

The guideline value for Anna Netunchalai (Mayanam Salai) has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 269 per sq.ft. This increased to Rs 600 per sq.ft in 2003, marking a significant rise of 123%. The value continued to grow, reaching Rs 1,937 per sq.ft in 2007, which was an increase of 223%. In 2012, the value was Rs 3,500 per sq.ft, showing an 81% increase from the previous revision. However, the value dropped to Rs 2,345 per sq.ft in 2017, a decrease of 33%. The 2023 revision set the value at Rs 3,500 per sq.ft, and the latest revision in 2024 has increased it to Rs 3,900 per sq.ft, reflecting an 11% rise.

Overall, the guideline value has increased by 1,350% from 2002 to 2024. Notably, there are no figures available for the revisions of years not listed for this street.

Guideline values in Perungudi

In Perungudi, there are 249 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 8,800 per sq.ft, with a median value of Rs 3,300 per sq.ft. The guideline value of Anna Netunchalai (Mayanam Salai) is above this median.

Stamp duty and registration fee for property in Anna Netunchalai (Mayanam Salai)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000. Together, the total fees would amount to Rs 3,51,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Netunchalai (Mayanam Salai)?

The Sub Registrar Office that covers Anna Netunchalai (Mayanam Salai) 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Perungudi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial implications involved in the transaction. This process helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Anna Netunchalai (Mayanam Salai)?

The current guideline value of Anna Netunchalai (Mayanam Salai) is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 269 per sq.ft in 2002 to Rs 3,900 per sq.ft in 2024, marking an overall increase of 1,350% over this period.

What is the stamp duty rate for properties in Anna Netunchalai (Mayanam Salai)?

The stamp duty rate for properties in Anna Netunchalai (Mayanam Salai) is 7% of the guideline value or the sale price, whichever is higher.

Which office handles property registration for Anna Netunchalai (Mayanam Salai)?

The Neelankarai Sub Registrar Office handles property registration for Anna Netunchalai (Mayanam Salai), located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What are the other streets in Perungudi with their guideline values?

Other streets in Perungudi include Anna Nedunchalai at Rs 3,900 per sq.ft, Athiyaman Street at Rs 2,800 per sq.ft, Atrium at Rs 2,800 per sq.ft, Avvaiyar Street at Rs 2,800 per sq.ft, Ambedkar Street at Rs 1,100 per sq.ft, and Balagangatharar Thilakar Street at Rs 2,200 per sq.ft, all for the year 2024.