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Guideline Value

Corporate

Guideline Value for Annai Indira Nagar Main Road

₹1100/sq.ft.

The guideline value for Annai Indira Nagar Main Road in Soorapattu village (Ambattur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Soorapattu

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Annai Indira Nagar Main Road

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Annai Indira Nagar Main Road guideline value

The current guideline value of Annai Indira Nagar Main Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This road is located in Soorapattu village, under the Ambattur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Annai Indira Nagar Main Road has changed

The guideline value for Annai Indira Nagar Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was a decrease of 33% from the previous revision in 2017, where the value was Rs 670 per sq.ft. The next revision in 2023 increased the value to Rs 1,000 per sq.ft, and the most recent revision in 2024 raised it further to Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

There are no available figures 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 Soorapattu

In Soorapattu, there are 115 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,100 per sq.ft, with a median value of Rs 1,300 per sq.ft. Annai Indira Nagar Main Road's guideline value is below this median.

Stamp duty and registration fee for property in Annai Indira Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that the 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 Annai Indira Nagar Main Road?

The Sub Registrar Office that covers Annai Indira Nagar Main Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Soorapattu. It is used to determine the stamp duty and registration fees that must be paid at the time of registration.

When a property is sold, the guideline value ensures that the transaction is recorded accurately and fairly, reflecting the value of the property in the current market. This helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Annai Indira Nagar Main Road?

The current guideline value of Annai Indira Nagar Main Road is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 1,100 per sq.ft in 2024, with various revisions in between, including a decrease in 2017 and an increase in 2023.

What is the land classification for Annai Indira Nagar Main Road?

Annai Indira Nagar Main Road is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Annai Indira Nagar Main Road?

The Sub Registrar Office for Annai Indira Nagar Main Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.

How is stamp duty calculated for property in Annai Indira Nagar Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.