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Guideline Value for AnnaSalai 1 to 10 Streets

₹2160/sq.ft.

The guideline value for Annasalai 1 To 10 Streets in Kovilambakkam village (Pallavaram SRO, Chengalpattu zone) is Rs 2160 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kovilambakkam

Village

Pallavaram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2160 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹84 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹67 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Annasalai 1 To 10 Streets

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AnnaSalai 1 to 10 Streets guideline value

The current guideline value of AnnaSalai 1 to 10 Streets is Rs 2,160 per sq.ft, effective from 1 July 2024. This area is located in Kovilambakkam village, under the Pallavaram SRO, and is classified as Residential Class II Type - I.

How the guideline value of AnnaSalai 1 to 10 Streets has changed

The guideline value for AnnaSalai 1 to 10 Streets has seen several revisions over the years. In 2002, the value was Rs 67 per sq.ft, which increased to Rs 84 per sq.ft in 2003. The subsequent revisions showed significant changes, with the value rising to Rs 350 per sq.ft in 2007, then to Rs 2,000 per sq.ft in 2012. It decreased to Rs 1,340 per sq.ft in 2017, and then increased to Rs 2,000 per sq.ft in 2023. The most recent revision in 2024 set the guideline value at Rs 2,160 per sq.ft.

From 2017 to 2023, the value increased by 49%. The 2023 to 2024 revision saw an increase of 8%. Notably, the value surged from Rs 350 per sq.ft in 2007 to Rs 2,000 per sq.ft in 2012, marking a significant rise of 471%. Overall, from 2002 to 2024, the guideline value has increased by 3,124%.

Guideline values in Kovilambakkam

Kovilambakkam village has a range of guideline values, with 61 streets under the Pallavaram SRO carrying a 2024 figure between Rs 1,320 and Rs 5,610 per sq.ft. The median guideline value in this area is Rs 2,750 per sq.ft, positioning AnnaSalai 1 to 10 Streets below this median.

Stamp duty and registration fee for property in AnnaSalai 1 to 10 Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 2,160 per sq.ft, the total guideline value amounts to Rs 21,60,000. The stamp duty at 7% would be Rs 1,51,200, and the registration fee at 2% would be Rs 43,200, bringing the total charges to Rs 1,94,400. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers AnnaSalai 1 to 10 Streets?

The Sub Registrar Office that covers AnnaSalai 1 to 10 Streets is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Kovilambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair price as per government regulations.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of AnnaSalai 1 to 10 Streets?

The current guideline value of AnnaSalai 1 to 10 Streets is Rs 2,160 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 67 per sq.ft in 2002 to Rs 2,160 per sq.ft in 2024, marking an increase of 3,124% over the years.

What is the median guideline value in Kovilambakkam?

The median guideline value in Kovilambakkam is Rs 2,750 per sq.ft, with AnnaSalai 1 to 10 Streets currently below this median.

Where is the Pallavaram Sub Registrar Office located?

The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

How is stamp duty calculated on properties in AnnaSalai 1 to 10 Streets?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 21,60,000 would incur a stamp duty of Rs 1,51,200.