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Guideline Value for APPAVOO NAGAR ANNA STREET 1ST CROSS STREET IITH CROSS ST

₹4400/sq.ft.

The guideline value for Appavoo Nagar Anna Street 1st Cross Street Iith Cross St in Mambalam village (Thiyagaraya Nagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mambalam

Village

Thiyagaraya Nagar

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
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)

27/14,vetnari Hospital Road Panpet Nandhanam Chennai-35
044-24340958
[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 Appavoo Nagar Anna Street 1st Cross Street Iith Cross St

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Appavoo Nagar Anna Street 1st Cross Street Iith Cross St guideline value

The current guideline value for Appavoo Nagar Anna Street 1st Cross Street Iith Cross St is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Mambalam village, under the Thiyagaraya nagar SRO, and is classified as Residential Class III Type - III.

How the guideline value of Appavoo Nagar Anna Street 1st Cross Street Iith Cross St has changed

The guideline value for this street has undergone several revisions over the years. In 2007, the value was set at Rs 1,000 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012, marking a 300% increase. However, it then decreased to Rs 2,680 per sq.ft in 2017, which was a 33% drop from the previous figure.

From 2017 to 2023, the value rose by 49% to reach Rs 4,000 per sq.ft. The most recent revision in 2024 saw another increase of 10%, bringing the current guideline value to Rs 4,400 per sq.ft. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Mambalam

In Mambalam, there are 163 streets under the Thiyagaraya nagar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 22,000 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value for Appavoo Nagar Anna Street 1st Cross Street Iith Cross St is below this median.

Stamp duty and registration fee for property in Appavoo Nagar Anna Street 1st Cross Street Iith Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Appavoo Nagar Anna Street 1st Cross Street Iith Cross St?

The Appavoo Nagar Anna Street 1st Cross Street Iith Cross St is covered by the Thiyagaraya nagar Sub Registrar Office, located at 27/14, Vetnari Hospital Road, Panpet, Nandhanam, Chennai-35. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Mambalam. It is used to determine the stamp duty and registration fees that need to be paid during the transfer of property ownership.

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 the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Appavoo Nagar Anna Street 1st Cross Street Iith Cross St?

The current guideline value for Appavoo Nagar Anna Street 1st Cross Street Iith Cross St is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, which is an overall increase of 340% over the years.

What are the other streets in Mambalam with similar guideline values?

Other streets in Mambalam with a guideline value of Rs 4,400 per sq.ft include Appavoo Nagar Subbu Pillai Thottam and Appavoo Nagar 1 St Lane.

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

The Sub Registrar Office covering Appavoo Nagar Anna Street 1st Cross Street Iith Cross St is located at 27/14, Vetnari Hospital Road, Panpet, Nandhanam, Chennai-35.

How is the stamp duty calculated for properties in Mambalam?

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.