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Guideline Value

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Guideline Value for ANNAI SATHYA NAGAR 9TH STREET

₹3800/sq.ft.

The guideline value for Annai Sathya Nagar 9th Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹3800 /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 ₹900 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹631 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹574 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Sathya Nagar 9th Street

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Annai Sathya Nagar 9th Street guideline value

The current guideline value of Annai Sathya Nagar 9th Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, and it falls under Residential Class IV Type - III land classification.

How the guideline value of Annai Sathya Nagar 9th Street has changed

The guideline value for Annai Sathya Nagar 9th Street has seen several revisions over the years. In 2002, the guideline value was Rs 574 per sq.ft. This increased to Rs 631 per sq.ft in 2003, marking a 10% rise. By 2007, the value surged to Rs 900 per sq.ft, reflecting a significant 43% increase. The 2012 revision saw the value rise to Rs 3,500 per sq.ft, a remarkable 289% jump from the previous figure. However, in 2017, the value dropped to Rs 2,345 per sq.ft, showing a decrease of 33%. The 2023 revision brought the value back up to Rs 3,500 per sq.ft, and the most recent revision in 2024 set the guideline value at Rs 3,800 per sq.ft, representing a 9% increase.

Overall, from 2002 to 2024, the guideline value has increased by 562%. There are no figures available for the years not mentioned in the register for Annai Sathya Nagar 9th Street.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, indicating that the guideline value for Annai Sathya Nagar 9th Street is below this median.

Stamp duty and registration fee for property in Annai Sathya Nagar 9th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Sathya Nagar 9th Street?

The Sub Registrar Office that covers Annai Sathya Nagar 9th Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Puliyur. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that both the buyer and seller are aware of the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Annai Sathya Nagar 9th Street?

The current guideline value of Annai Sathya Nagar 9th Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 574 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, showing an overall increase of 562% over the years.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, which means the guideline value for Annai Sathya Nagar 9th Street is below this median.

What are the stamp duty and registration fees for property in Annai Sathya Nagar 9th Street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 2,66,000 and the registration fee would be Rs 76,000, totaling Rs 3,42,000 based on the current guideline value.

Which office handles registrations for Annai Sathya Nagar 9th Street?

The Kodambakkam Sub Registrar Office handles registrations for Annai Sathya Nagar 9th Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.