Guideline Value

Corporate

Guideline Value for Angalaparameswari Nagar 3rd Street

₹1550/sq.ft.

The guideline value for Angalaparameswari Nagar 3rd Street in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /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.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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 Angalaparameswari Nagar 3rd Street

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Angalaparameswari Nagar 3rd Street guideline value

The current guideline value of Angalaparameswari Nagar 3rd Street is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village under the Kunrathur SRO, classified as Residential Special Type - II.

How the guideline value of Angalaparameswari Nagar 3rd Street has changed

Over the years, the guideline value for Angalaparameswari Nagar 3rd Street has undergone several revisions. The 2012 revision set the value at Rs 1,400 per sq.ft, which was a decrease from Rs 938 per sq.ft in 2017. The value remained the same in 2012 and 2023, when it was Rs 1,400 per sq.ft, before increasing to Rs 1,550 per sq.ft in the 2024 revision.

From 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 1,400 per sq.ft. The latest revision from 2023 to 2024 reflects an increase of 11%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value across these streets is Rs 1,550 per sq.ft, which is the same as the 2024 figure for Angalaparameswari Nagar 3rd Street.

Stamp duty and registration fee for property in Angalaparameswari Nagar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, while the registration fee at 2% would be Rs 31,000, bringing the total cost for these fees to Rs 1,39,500. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angalaparameswari Nagar 3rd Street?

The Sub Registrar Office that covers Angalaparameswari Nagar 3rd Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirunageswaram. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential components of the registration process. Buyers and sellers must be aware of these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Angalaparameswari Nagar 3rd Street?

The current guideline value of Angalaparameswari Nagar 3rd Street is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 1,400 per sq.ft to Rs 1,550 per sq.ft in 2024, reflecting an overall increase of 11%. The most significant change occurred between 2017 and 2023, with a 49% increase.

What is the land classification for Angalaparameswari Nagar 3rd Street?

Angalaparameswari Nagar 3rd Street is classified as Residential Special Type - II, which indicates its suitability for residential purposes.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 15,50,000, the total fees would amount to Rs 1,39,500.

Which office handles property registrations for Angalaparameswari Nagar 3rd Street?

The Kunrathur Sub Registrar Office is responsible for handling property registrations for Angalaparameswari Nagar 3rd Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.