Guideline Value

Corporate

Guideline Value for ASHOK NAGAR INRING ROAD

₹8800/sq.ft.

The guideline value for Ashok Nagar Inring Road in Ekkaduthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 8800 per sq.ft, effective 1 July 2024. It was Rs 8000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ekkaduthangal

Village

Chennai South Joint I

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹8800 /sq.ft.
From 1-4-2023 ₹8000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5360 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹8000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1075 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹932 /sq.ft.
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 Ashok Nagar Inring Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Ashok Nagar Inring Road guideline value

The current guideline value of Ashok Nagar Inring Road is Rs 8,800 per sq.ft, effective from 1 July 2024. This road is located in Ekkaduthangal village and falls under the Chennai South Joint I SRO. The land classification for this area is Commercial Special Type - I.

How the guideline value of Ashok Nagar Inring Road has changed

The guideline value for Ashok Nagar Inring Road has undergone several revisions over the years. In the 2002 revision, the value was Rs 932 per sq.ft. This increased to Rs 1,075 per sq.ft in 2003, marking a 15% rise. The value then rose to Rs 1,400 per sq.ft in 2007, which was a 30% increase. The 2012 revision saw a significant jump to Rs 8,000 per sq.ft, reflecting a 471% increase. However, in the 2017 revision, the value dropped to Rs 5,360 per sq.ft, a decrease of 33%. The guideline value then increased to Rs 8,000 per sq.ft in 2023, followed by a further increase to Rs 8,800 per sq.ft in 2024, which is a 10% rise.

Overall, from 2002 to 2024, the guideline value has increased by 844%. The register does not have figures for any other years for this street.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 3,080 to Rs 8,800 per sq.ft. The median value for these streets is Rs 4,620 per sq.ft, and Ashok Nagar Inring Road's current value is above this median.

Stamp duty and registration fee for property in Ashok Nagar Inring Road

For a 1,000 sq.ft plot at the current guideline value of Rs 8,800 per sq.ft, the total guideline value would be Rs 88,00,000. The stamp duty at 7% would amount to Rs 6,16,000, and the registration fee at 2% would be Rs 1,76,000, bringing the total to Rs 7,92,000. Please note that the 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 Ashok Nagar Inring Road?

The Sub Registrar Office that covers Ashok Nagar Inring Road 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 additional information.

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

The guideline value plays a crucial role in the registration process of property transactions in Ekkaduthangal. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. The guideline value is a reference point for the authorities to assess the value of the property being registered.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. Buyers and sellers should ensure that they have the most up-to-date information regarding the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Ashok Nagar Inring Road?

The current guideline value of Ashok Nagar Inring Road is Rs 8,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 932 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, representing an overall increase of 844% over the years.

What is the land classification for Ashok Nagar Inring Road?

The land classification for Ashok Nagar Inring Road is Commercial Special Type - I.

Where can I find the Sub Registrar Office for Ashok Nagar Inring Road?

The Sub Registrar Office for Ashok Nagar Inring Road 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 the stamp duty calculated for properties in Ashok Nagar Inring Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 88,00,000, the stamp duty at 7% would be Rs 6,16,000.