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Guideline Value

Corporate

Guideline Value for Anna Main Road (ward 4)

₹2750/sq.ft.

The guideline value for Anna Main Road (ward 4) in Kolapakkam village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 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:

Chengalpattu

Zone

Kolapakkam

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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 (ward 4)

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Anna Main Road (ward 4) guideline value

The current guideline value of Anna Main Road (ward 4) is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Kolapakkam village and falls under the Pammal Sub Registrar Office. The land classification for this area is Residential Class I Type - I.

How the guideline value of Anna Main Road (ward 4) has changed

The guideline value for Anna Main Road (ward 4) has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 1,675 per sq.ft. This increased to Rs 2,500 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 2,750 per sq.ft, representing a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kolapakkam

In Kolapakkam, there are 111 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,650 to Rs 6,850 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, placing Anna Main Road (ward 4) above this median value.

Stamp duty and registration fee for property in Anna Main Road (ward 4)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total cost for these fees to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Main Road (ward 4)?

The Sub Registrar Office that covers Anna Main Road (ward 4) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 Kolapakkam

The guideline value is a crucial factor in property transactions in Kolapakkam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider the guideline value when negotiating sale prices, as it affects the stamp duty and registration fees payable at the time of registration.

When a property is sold, the registration office uses the guideline value to calculate the applicable fees, ensuring that the transaction is recorded at an official value that reflects the prevailing market conditions. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Anna Main Road (ward 4)?

The current guideline value of Anna Main Road (ward 4) is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,675 per sq.ft to Rs 2,750 per sq.ft in 2024, marking a total increase of 64%. The most recent change was a 10% increase from the 2023 revision.

What is the land classification for Anna Main Road (ward 4)?

Anna Main Road (ward 4) is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the other streets in Kolapakkam with similar guideline values?

Other streets in Kolapakkam, such as Anna Main Road (wards 2, 6, 7, and 9), have the same guideline value of Rs 2,750 per sq.ft in 2024. Annai Therasa Nagar has a guideline value of Rs 2,200 per sq.ft.

Where can I find the Sub Registrar Office for Anna Main Road (ward 4)?

The Sub Registrar Office for Anna Main Road (ward 4) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information through the provided link.