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Guideline Value

Corporate

Guideline Value for Anna Main Road (Cross Street)

₹550/sq.ft.

The guideline value for Anna Main Road (cross Street) in Vengambakkam village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Vengambakkam

Village

Tambaram Joint 1

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Anna Main Road (cross Street)

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Anna Main Road (Cross Street) guideline value

The current guideline value of Anna Main Road (Cross Street) is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Vengambakkam village, under the Tambaram Joint 1 SRO, and is classified as Residential Class I Type - II.

How the guideline value of Anna Main Road (Cross Street) has changed

The guideline value for Anna Main Road (Cross Street) has seen several revisions over the years. In 2012, the value was Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased significantly to Rs 500 per sq.ft in 2023, and most recently, it rose to Rs 550 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decline of 33%, while the increase from 2017 to 2023 was notable at 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vengambakkam

In Vengambakkam, there are 88 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 5,000 per sq.ft. The median value is Rs 770 per sq.ft, indicating that the 2024 guideline value of Anna Main Road (Cross Street) is below this median.

Stamp duty and registration fee for property in Anna Main Road (Cross Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000, resulting in a total of Rs 49,500. 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 details.

Which Sub Registrar Office covers Anna Main Road (Cross Street)?

The Sub Registrar Office that covers Anna Main Road (Cross Street) is the Tambaram Joint 1 Sub Registrar Office, located at No.26, MES Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Vengambakkam, as it determines the minimum value at which a property can be registered. This value is used by the registration department to calculate applicable stamp duty and registration fees during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anna Main Road (Cross Street)?

The current guideline value of Anna Main Road (Cross Street) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024. This reflects a significant increase from 2017 to 2023.

What is the land classification for Anna Main Road (Cross Street)?

Anna Main Road (Cross Street) is classified as Residential Class I Type - II. This classification can affect the types of developments permitted in the area.

What are the other streets in Vengambakkam with guideline values?

Other streets in Vengambakkam under the Tambaram Joint 1 SRO have varying guideline values, with rates ranging from Rs 440 to Rs 3,300 per sq.ft. These values reflect the local real estate landscape.

Where can I find more information about the registration office?

The Tambaram Joint 1 Sub Registrar Office, located at No.26, MES Road, East Tambaram, Chennai-600059, covers Anna Main Road (Cross Street). More information can be found by visiting the appropriate links for SRO details.