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Guideline Value

Corporate

Guideline Value for ANNA SALAI 1ST STREET ANNA SALAI VETNERY HOSPITAL ROAD

₹15400/sq.ft.

The guideline value for Anna Salai 1st Street Anna Salai Vetnery Hospital Road in Government Farm village (Chennai South Joint I SRO, Chennai zone) is Rs 15400 per sq.ft, effective 1 July 2024. It was Rs 14000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Government Farm

Village

Chennai South Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹15400 /sq.ft.
From 1-4-2023 ₹14000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9380 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14000 /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 Salai 1st Street Anna Salai Vetnery Hospital Road

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Anna Salai 1st Street Anna Salai Vetnery Hospital Road guideline value

The current guideline value for Anna Salai 1st Street Anna Salai Vetnery Hospital Road is Rs 15,400 per sq.ft, effective from 1 July 2024. This street is located in Government farm village and falls under the Chennai South Joint I SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Anna Salai 1st Street Anna Salai Vetnery Hospital Road has changed

The guideline value for Anna Salai 1st Street has undergone several revisions over the years. The 2012 revision set the value at Rs 14,000 per sq.ft, which was a decrease of 33% from the Rs 9,380 per sq.ft recorded in the 2017 revision. In 2023, the guideline value increased to Rs 14,000 per sq.ft, and the most recent revision in 2024 has raised it to Rs 15,400 per sq.ft, reflecting a 10% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value saw a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Government farm

In Government farm village, there are 35 streets under the Chennai South Joint I SRO with a 2024 guideline value ranging from Rs 3,850 to Rs 15,400 per sq.ft. The median value for these streets is Rs 8,250 per sq.ft, placing Anna Salai 1st Street's 2024 figure above that median.

Stamp duty and registration fee for property in Anna Salai 1st Street Anna Salai Vetnery Hospital Road

For a 1,000 sq.ft plot at the current guideline value of Rs 15,400 per sq.ft, the total guideline value amounts to Rs 1,54,00,000. The stamp duty at 7% would be Rs 10,78,000, and the registration fee at 2% would be Rs 3,08,000, bringing the total to Rs 13,86,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Salai 1st Street Anna Salai Vetnery Hospital Road?

The Sub Registrar Office that covers Anna Salai 1st 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 Government farm

The guideline value is a crucial factor in the registration process when buying or selling property in Government farm. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

When a buyer approaches the registration office, the guideline value helps ensure that the transaction is recorded accurately and legally. It also aids in maintaining transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Anna Salai 1st Street?

The current guideline value of Anna Salai 1st Street Anna Salai Vetnery Hospital Road is Rs 15,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 14,000 per sq.ft in 2023 to Rs 15,400 per sq.ft in 2024. It was Rs 9,380 per sq.ft in 2017 and Rs 14,000 per sq.ft in 2012.

What is the land classification for this street?

The land classification for Anna Salai 1st Street Anna Salai Vetnery Hospital Road is Commercial Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Anna Salai 1st 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.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 1,54,00,000, the stamp duty would be Rs 10,78,000 at 7%.