Guideline Value

Corporate

Guideline Value for Anna Nagar Extn 4th Cross Street

₹3850/sq.ft.

The guideline value for Anna Nagar Extn 4th Cross Street in Velachery village (Velacheri SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹3850 /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 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.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 Extn 4th Cross Street

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Anna Nagar Extn 4th Cross Street guideline value

The current guideline value of Anna Nagar Extn 4th Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Velachery village and falls under the Velacheri SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Anna Nagar Extn 4th Cross Street has changed

Over the years, the guideline value of Anna Nagar Extn 4th Cross Street has seen several revisions. The 2012 revision set the value at Rs 3,500 per sq.ft, which was a decrease of 33% from the previous revision in 2017, where the value was Rs 2,345 per sq.ft. The value remained the same in the 2023 revision at Rs 3,500 per sq.ft, but was increased by 49% to Rs 3,850 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 13,200 per sq.ft, with a median value of Rs 4,400 per sq.ft. The guideline value for Anna Nagar Extn 4th Cross Street is below this median.

Stamp duty and registration fee for property in Anna Nagar Extn 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value would be Rs 38,50,000. The stamp duty at 7% would amount to Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total to Rs 3,46,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar Extn 4th Cross Street?

The Sub Registrar Office that covers Anna Nagar Extn 4th Cross Street 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 details.

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

The guideline value plays a crucial role in property transactions in Velachery. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for legal ownership transfer.

During registration, buyers must ensure that the sale price is equal to or greater than the guideline value. This ensures that the transaction is compliant with local regulations and helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Anna Nagar Extn 4th Cross Street?

The current guideline value of Anna Nagar Extn 4th Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2023 to Rs 3,850 per sq.ft in 2024, marking a 10% increase. It was Rs 2,345 per sq.ft in 2017 and Rs 3,500 per sq.ft in 2012.

What are the other streets in Velachery with the same guideline value?

Other streets in Velachery with the same guideline value of Rs 3,850 per sq.ft include Anna Nagar Extn 3rd Street, Anna Nagar Extn 4th Main Road, Anna Nagar Extn 3rd Main Road, Anna Nagar Extn 4th Street, Anna Nagar Extn 5th Cross Street, and Anna Nagar Extn 3rd Cross Street.

What is the stamp duty rate for property transactions in Anna Nagar Extn 4th Cross Street?

The stamp duty rate for property transactions in Anna Nagar Extn 4th Cross Street is 7% of the guideline value or the sale price, whichever is higher.

Which office handles registrations for Anna Nagar Extn 4th Cross Street?

The Velacheri Sub Registrar Office handles registrations for Anna Nagar Extn 4th Cross Street, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.