Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Anna Ninaivu Nagar 7th Street

₹1650/sq.ft.

The guideline value for Anna Ninaivu Nagar 7th Street in Puzhal village (Redhills SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 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

Puzhal

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Ninaivu Nagar 7th Street

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 Ninaivu Nagar 7th Street guideline value

The current guideline value of Anna Ninaivu Nagar 7th Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Puzhal village under the Redhills SRO, classified as Residential Class I Type - I.

How the guideline value of Anna Ninaivu Nagar 7th Street has changed

The guideline value for Anna Ninaivu Nagar 7th Street has seen several revisions over the years. In the 2007 revision, the value was Rs 400 per sq.ft. This increased significantly to Rs 1,500 per sq.ft in the 2012 revision, marking a 275% increase. However, the value then decreased to Rs 1,005 per sq.ft in the 2017 revision, which was a decline of 33%. The 2023 revision set the value at Rs 1,500 per sq.ft, followed by a further increase to Rs 1,650 per sq.ft in the 2024 revision, which reflects a 10% rise.

Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 313%. The revisions for the years 2002 and 2003 do not have figures recorded for this street.

Guideline values in Puzhal

In Puzhal, there are 270 streets under the Redhills SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value in this area is Rs 1,102 per sq.ft, placing Anna Ninaivu Nagar 7th Street's 2024 figure above this median.

Stamp duty and registration fee for property in Anna Ninaivu Nagar 7th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, leading to a total cost of Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Ninaivu Nagar 7th Street?

The Sub Registrar Office that covers Anna Ninaivu Nagar 7th Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Puzhal, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to assess the applicable stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for both buyers and sellers to be aware of the guideline value, as it directly impacts the financial aspects of the transaction. Understanding the guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Anna Ninaivu Nagar 7th Street?

The current guideline value of Anna Ninaivu Nagar 7th Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, representing an overall increase of 313% over the years.

What was the guideline value in 2017?

The guideline value for Anna Ninaivu Nagar 7th Street in 2017 was Rs 1,005 per sq.ft.

Where can I find the registration office for this street?

The registration office covering Anna Ninaivu Nagar 7th Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 at a rate of 7%.