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Guideline Value

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Guideline Value for Angamuthu Nagar 1st, 2nd and 3rd Street

₹3800/sq.ft.

The guideline value for Angamuthu Nagar 1st, 2nd And 3rd Street in Mugappair village (Konnur SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mugappair

Village

Konnur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹265 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Angamuthu Nagar 1st, 2nd And 3rd Street

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Angamuthu Nagar 1st, 2nd and 3rd Street guideline value

The current guideline value for Angamuthu Nagar 1st, 2nd and 3rd Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Mugappair village, under the Konnur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Angamuthu Nagar 1st, 2nd and 3rd Street has changed

The guideline value for Angamuthu Nagar 1st, 2nd and 3rd Street has seen several revisions over the years. In 2003, the guideline value was Rs 265 per sq.ft. This increased significantly to Rs 600 per sq.ft in 2007, marking a change of +126%. The value then rose dramatically to Rs 3,500 per sq.ft in 2012, reflecting an increase of +483%. However, it dropped to Rs 2,345 per sq.ft in 2017, a decrease of -33%. The value then increased to Rs 3,500 per sq.ft in 2023, and finally to Rs 3,800 per sq.ft in 2024, which is a change of +9%.

It is important to note that the register has no figure for this street for the year 2002. Overall, from 2003 to 2024, the guideline value has increased by +1,334%.

Guideline values in Mugappair

Mugappair village has 224 streets under the Konnur SRO, with guideline values ranging from Rs 3,300 to Rs 8,800 per sq.ft as of 2024. The median guideline value in this area is Rs 7,100 per sq.ft, placing Angamuthu Nagar 1st, 2nd and 3rd Street's 2024 figure below that median.

Stamp duty and registration fee for property in Angamuthu Nagar 1st, 2nd and 3rd Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Angamuthu Nagar 1st, 2nd and 3rd Street?

The Sub Registrar Office that covers Angamuthu Nagar 1st, 2nd and 3rd Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration reflects the true value of the property being transferred.

Frequently asked questions

What is the current guideline value for Angamuthu Nagar 1st, 2nd and 3rd Street?

The current guideline value for Angamuthu Nagar 1st, 2nd and 3rd Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 265 per sq.ft in 2003 to Rs 3,800 per sq.ft in 2024, an overall increase of +1,334%.

What is the land classification for Angamuthu Nagar 1st, 2nd and 3rd Street?

The land classification for Angamuthu Nagar 1st, 2nd and 3rd Street is Residential Class II Type - I.

Where can I find the Sub Registrar Office for Angamuthu Nagar?

The Sub Registrar Office for Angamuthu Nagar is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in Angamuthu Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fee would be Rs 3,42,000.