Guideline Value

Corporate

Guideline Value for Anna Nagar : -

₹4400/sq.ft.

The guideline value for Anna Nagar : - in Velachery village (Velacheri SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹337 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹300 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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 Nagar : -

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Anna Nagar : - guideline value

The current guideline value for Anna Nagar : - is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is located in Velachery village, under the Velacheri SRO, and is classified as Residential Class II Type - II.

How the guideline value of Anna Nagar : - has changed

The guideline value for Anna Nagar has seen significant changes over the years. Starting from the 2002 revision, the guideline value was Rs 300 per sq.ft. It increased to Rs 337 per sq.ft in 2003, marking a 12% rise. The value then surged to Rs 1,500 per sq.ft in 2007, reflecting a substantial increase of 345%. Following this, the value reached Rs 4,000 per sq.ft in 2012, which was a 167% increase from the previous revision. However, it dropped to Rs 2,680 per sq.ft in 2017, a decrease of 33%.

From 2017 to 2023, the guideline value rose to Rs 4,000 per sq.ft, representing a 49% increase. The most recent revision in 2024 set the value at Rs 4,400 per sq.ft, a 10% increase from the 2023 figure. Overall, from 2002 to 2024, the guideline value has increased by 1,367%.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO, with the 2024 guideline values ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median value is Rs 4,400 per sq.ft, which is equal to the guideline value for Anna Nagar : -.

Stamp duty and registration fee for property in Anna Nagar : -

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that 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 Nagar : -?

The Sub Registrar Office that covers Anna Nagar : - is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

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

The guideline value is essential for property transactions in Velachery, as it determines the minimum value at which properties can be registered. When buyers and sellers agree on a sale price, the registration process will use the higher of the guideline value or the agreed sale price to calculate the applicable stamp duty and registration fees.

It is crucial for buyers to be aware of the guideline value, as it directly impacts the financial obligations during the property purchase process. Understanding the guideline value helps in planning the budget for additional costs associated with property registration.

Frequently asked questions

What is the current guideline value for Anna Nagar : -?

The current guideline value for Anna Nagar : - is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 300 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 1,367%.

What is the land classification for Anna Nagar : -?

Anna Nagar : - is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for Anna Nagar : -?

The Velacheri Sub Registrar Office covers Anna Nagar : - and is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

How is stamp duty calculated for properties in Anna Nagar : -?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 44,00,000 would incur a stamp duty of Rs 3,08,000 at 7%.