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Guideline Value

Corporate

Guideline Value for ANNIBESANT STREET (WARD -8)

₹1320/sq.ft.

The guideline value for Annibesant Street (ward -8) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Annibesant Street (ward -8)

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Annibesant Street (Ward -8) guideline value

The current guideline value of Annibesant Street (Ward -8) is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - V.

How the guideline value of Annibesant Street (Ward -8) has changed

The guideline value for Annibesant Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. However, the value rebounded to Rs 1,200 per sq.ft in 2023 and increased further to Rs 1,320 per sq.ft in the 2024 revision, marking a 10% increase from the previous year. The register has no figure for this street in the revisions of 2002, 2003, and 2007.

From 2017 to 2023, the guideline value rose significantly by 49%. Overall, from the 2012 revision to the 2024 revision, there has been a 10% increase in the guideline value. The changes reflect fluctuations in the property market and adjustments made by the authorities.

Guideline values in Kattankollatur

Kattankollatur village features a range of guideline values across its 453 streets, with the 2024 figures ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, placing Annibesant Street's 2024 value above the median.

Stamp duty and registration fee for property in Annibesant Street (Ward -8)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annibesant Street (Ward -8)?

The Sub Registrar Office that covers Annibesant Street (Ward -8) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role in property transactions in Kattankollatur. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is set by the government and is intended to reflect the market conditions in the area.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annibesant Street (Ward -8)?

The current guideline value of Annibesant Street (Ward -8) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification of Annibesant Street?

Annibesant Street is classified as Residential Special Type - V, indicating its suitability for residential purposes.

Where is the Chengleput Joint II SRO located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated for properties in Kattankollatur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.