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Guideline Value

Corporate

Guideline Value for Annai Sathiya 1st Main Road

₹830/sq.ft.

The guideline value for Annai Sathiya 1st Main Road in Agaramthen village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 830 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Agaramthen

Village

Tambaram Joint 1

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹830 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Annai Sathiya 1st Main Road

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Annai Sathiya 1st Main Road guideline value

The current guideline value of Annai Sathiya 1st Main Road is Rs 830 per sq.ft, effective from 1 July 2024. This road is located in Agaramthen village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Annai Sathiya 1st Main Road has changed

Over the years, the guideline value for Annai Sathiya 1st Main Road has seen several revisions. The 2012 revision set the value at Rs 750 per sq.ft, which was then reduced to Rs 502 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 750 per sq.ft, and the most recent 2024 revision has raised it further to Rs 830 per sq.ft. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, followed by an 11% increase from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Agaramthen

Agaramthen village has a total of 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value for these streets is Rs 830 per sq.ft, which is equal to the 2024 figure for Annai Sathiya 1st Main Road.

Stamp duty and registration fee for property in Annai Sathiya 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 830 per sq.ft, the total guideline value amounts to Rs 8,30,000. The stamp duty at 7% would be Rs 58,100, and the registration fee at 2% would be Rs 16,600, bringing the total to Rs 74,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Sathiya 1st Main Road?

The Sub Registrar Office that covers Annai Sathiya 1st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Agaramthen. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives a fair revenue from property transactions.

When buying or selling property, it is essential to be aware of the current guideline value as it directly impacts the overall costs involved in the registration process. Buyers and sellers should ensure that they are informed about the latest revisions to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Annai Sathiya 1st Main Road?

The current guideline value of Annai Sathiya 1st Main Road is Rs 830 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then back to Rs 750 per sq.ft in 2023, and finally to Rs 830 per sq.ft in 2024.

What is the land classification for Annai Sathiya 1st Main Road?

The land classification for Annai Sathiya 1st Main Road is Residential Class I Type - II.

What is the registration office for Annai Sathiya 1st Main Road?

The registration office for Annai Sathiya 1st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is stamp duty calculated for properties in Agaramthen?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 8,30,000, the stamp duty would be Rs 58,100 at a rate of 7%.