Guideline Value

Corporate

Guideline Value for ARUNACHALAM NAGAR 4TH STREET

₹1925/sq.ft.

The guideline value for Arunachalam Nagar 4th Street in Vanagaram village (Chennai South Joint I SRO, Chennai zone) is Rs 1925 per sq.ft, effective 1 July 2024. It was Rs 1750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vanagaram

Village

Chennai South Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1925 /sq.ft.
From 1-4-2023 ₹1750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1172 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1750 /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 Arunachalam Nagar 4th Street

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Arunachalam Nagar 4th Street guideline value

The current guideline value of Arunachalam Nagar 4th Street is Rs 1,925 per sq.ft, effective from 1 July 2024. This street is located in Vanagaram village and falls under the Chennai South Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Arunachalam Nagar 4th Street has changed

In the 2012 revision, the guideline value was Rs 1,750 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased by 33% to Rs 1,172 per sq.ft. The value then saw a significant increase in the 2023 revision, rising by 49% to Rs 1,750 per sq.ft. The most recent revision in 2024 has further increased the guideline value by 10% to Rs 1,925 per sq.ft.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for Arunachalam Nagar 4th Street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Vanagaram

In Vanagaram, there are 287 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 770 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 1,660 per sq.ft, placing Arunachalam Nagar 4th Street's 2024 figure above this median.

Stamp duty and registration fee for property in Arunachalam Nagar 4th Street

For a 1,000 sq.ft plot at the current rate of Rs 1,925 per sq.ft, the guideline value would be Rs 19,25,000. The stamp duty at 7% would amount to Rs 1,34,750, and the registration fee at 2% would be Rs 38,500, totaling Rs 1,73,250. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arunachalam Nagar 4th Street?

The Sub Registrar Office that covers Arunachalam Nagar 4th 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 Vanagaram

The guideline value is a crucial factor during the registration of property transactions in Vanagaram. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is sold, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Arunachalam Nagar 4th Street?

The current guideline value of Arunachalam Nagar 4th Street is Rs 1,925 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,750 per sq.ft in 2012 to Rs 1,172 per sq.ft in 2017, then back to Rs 1,750 per sq.ft in 2023, and finally to Rs 1,925 per sq.ft in 2024.

What is the land classification for Arunachalam Nagar 4th Street?

Arunachalam Nagar 4th Street is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for Arunachalam Nagar 4th Street?

The Sub Registrar Office for Arunachalam Nagar 4th 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 stamp duty calculated for properties in Arunachalam Nagar 4th Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 19,25,000, the stamp duty would be Rs 1,34,750 at a rate of 7%.