Guideline Value

Corporate

Guideline Value for Adithya Nagar Anand Avenue

₹2400/sq.ft.

The guideline value for Adithya Nagar Anand Avenue in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Adithya Nagar Anand Avenue

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Adithya Nagar Anand Avenue guideline value

The current guideline value of Adithya Nagar Anand Avenue is Rs 2,400 per sq.ft, effective from 1 July 2024. This area is located in Madambakkam village and falls under the Selaiyur SRO. The land classification for this street is Commercial Class I Type - II.

How the guideline value of Adithya Nagar Anand Avenue has changed

Looking at the historical revisions, the guideline value for Adithya Nagar Anand Avenue was Rs 2,200 per sq.ft in 2023, which reflects a 9% increase to the current value of Rs 2,400 per sq.ft in 2024. Prior to that, in 2017, the value was Rs 1,474 per sq.ft, showing a significant increase of 49% over the six years until 2023. The 2012 revision also recorded a value of Rs 2,200 per sq.ft, which was a decrease of 33% from the 2017 figure.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 9%, indicating stability in the current valuation.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft, with the median being Rs 2,400 per sq.ft. The guideline value for Adithya Nagar Anand Avenue is equal to this median.

Stamp duty and registration fee for property in Adithya Nagar Anand Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, making the total cost for these fees Rs 2,16,000. 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 Adithya Nagar Anand Avenue?

The Sub Registrar Office that covers Adithya Nagar Anand Avenue is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Madambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value must be considered as it impacts the financial obligations of both the buyer and seller. It is essential to ensure that the transaction adheres to the current guideline value to avoid any legal complications during the registration process.

Frequently asked questions

What is the current guideline value of Adithya Nagar Anand Avenue?

The current guideline value of Adithya Nagar Anand Avenue is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024, marking a 9% increase. It was Rs 1,474 per sq.ft in 2017 and Rs 2,200 per sq.ft in 2012, showing fluctuations over the years.

What is the land classification for Adithya Nagar Anand Avenue?

The land classification for Adithya Nagar Anand Avenue is Commercial Class I Type - II, indicating its designated use for commercial activities.

What are the stamp duty rates applicable in this area?

The stamp duty rate applicable in Adithya Nagar Anand Avenue is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office covering Adithya Nagar Anand Avenue is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.