Guideline Value

Corporate

Guideline Value for ANNAI BHAVANI NAGAR

₹200/sq.ft.

The guideline value for Annai Bhavani Nagar in Kizhnallathur & Melnallathur village (Manavalanagar SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kizhnallathur & Melnallathur

Village

Manavalanagar

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

Sub Registrar Office, Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002
044_29595957
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Annai Bhavani Nagar

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Annai Bhavani Nagar guideline value

The current guideline value of Annai Bhavani Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Kizhnallathur & Melnallathur village under the Manavalanagar SRO, classified as Residential Class II Type - II.

How the guideline value of Annai Bhavani Nagar has changed

The guideline value for Annai Bhavani Nagar has seen various revisions over the years. The earliest available figure is from 2012, where the value was Rs 200 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 134 per sq.ft. The value then increased to Rs 200 per sq.ft in the 2023 revision, and it has remained at this level in the 2024 revision, showing no percentage change from 2023 to 2024. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. Overall, comparing the values from 2012 to 2024, there has been no change, maintaining the guideline value at Rs 200 per sq.ft.

Guideline values in Kizhnallathur & Melnallathur

In Kizhnallathur & Melnallathur, there are 67 streets under the Manavalanagar SRO that carry a 2024 guideline value, ranging from Rs 175 to Rs 1,201 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, placing Annai Bhavani Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Annai Bhavani Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty, charged at 7%, would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total cost for these fees Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Bhavani Nagar?

The Sub Registrar Office that covers Annai Bhavani Nagar is the Manavalanagar Sub Registrar Office, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kizhnallathur & Melnallathur

The guideline value plays a crucial role in property transactions in Kizhnallathur & Melnallathur. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the sale process.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both parties are aware of the financial obligations associated with the transaction, making the process transparent and straightforward.

Frequently asked questions

What is the current guideline value of Annai Bhavani Nagar?

The current guideline value of Annai Bhavani Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has fluctuated, starting at Rs 200 per sq.ft in 2012, decreasing to Rs 134 per sq.ft in 2017, and then returning to Rs 200 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification of Annai Bhavani Nagar?

Annai Bhavani Nagar is classified as Residential Class II Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Annai Bhavani Nagar?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000, and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles registrations for Annai Bhavani Nagar?

The Manavalanagar Sub Registrar Office handles registrations for Annai Bhavani Nagar, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone.