Guideline Value

Corporate

Guideline Value for Anna Baba Nagar

₹880/sq.ft.

The guideline value for Anna Baba Nagar in Thirumudivakkam village (Padappai SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumudivakkam

Village

Padappai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[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 Anna Baba Nagar

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Anna Baba Nagar guideline value

The current guideline value of Anna Baba Nagar is Rs 880 per sq.ft, effective from 1 July 2024. This area is located in Thirumudivakkam village and falls under the Padappai SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Anna Baba Nagar has changed

The guideline value for Anna Baba Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in the 2017 revision. This was a decline of 33%. However, the value saw a significant increase to Rs 800 per sq.ft in 2023, marking a 49% rise from the previous revision. The latest revision in 2024 has further increased the guideline value to Rs 880 per sq.ft, reflecting a 10% increase from the 2023 figure.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for Anna Baba Nagar. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thirumudivakkam

In Thirumudivakkam, there are 56 streets under the Padappai SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 3,860 per sq.ft, with a median value of Rs 1,320 per sq.ft. The guideline value of Anna Baba Nagar is below this median.

Stamp duty and registration fee for property in Anna Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Baba Nagar?

The Sub Registrar Office that covers Anna Baba Nagar is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Thirumudivakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in determining the minimum price at which a property can be registered. This ensures transparency in transactions and protects the interests of both buyers and sellers.

Frequently asked questions

What is the current guideline value of Anna Baba Nagar?

The current guideline value of Anna Baba Nagar is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 800 per sq.ft in 2023, and finally to Rs 880 per sq.ft in 2024.

What is the land classification for Anna Baba Nagar?

Anna Baba Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the registration office for Anna Baba Nagar?

The registration office for Anna Baba Nagar is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is stamp duty calculated in Anna Baba Nagar?

Stamp duty in Anna Baba Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% of the guideline value.