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Guideline Value

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Guideline Value for Annai Sathiya Nagar 3rd Main Road

₹830/sq.ft.

The guideline value for Annai Sathiya Nagar 3rd 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 Nagar 3rd Main Road

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Annai Sathiya Nagar 3rd Main Road guideline value

The current guideline value of Annai Sathiya Nagar 3rd 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 Nagar 3rd Main Road has changed

The guideline value for Annai Sathiya Nagar 3rd Main Road has undergone several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which then decreased to Rs 502 per sq.ft in 2017. Following this, the 2023 revision raised the value to Rs 750 per sq.ft, and the latest revision in 2024 increased it further to Rs 830 per sq.ft, marking an increase of 11% from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 11%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street in the register.

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 the village is Rs 830 per sq.ft, which is equal to the current value of Annai Sathiya Nagar 3rd Main Road.

Stamp duty and registration fee for property in Annai Sathiya Nagar 3rd 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 cost 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. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Sathiya Nagar 3rd Main Road?

The Sub Registrar Office that covers Annai Sathiya Nagar 3rd 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 plays a crucial role in the registration process of property transactions in Agaramthen. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these fees are calculated based on a standard value set by the government.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of purchasing property. The guideline value also helps maintain transparency in property transactions, ensuring that both parties are aware of the financial implications involved.

Frequently asked questions

What is the current guideline value of Annai Sathiya Nagar 3rd Main Road?

The current guideline value of Annai Sathiya Nagar 3rd 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 increased 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 Nagar 3rd Main Road?

The land classification for Annai Sathiya Nagar 3rd Main Road is Residential Class I Type - II.

Where can I find the registration office for this area?

The registration office covering Annai Sathiya Nagar 3rd 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 Annai Sathiya Nagar 3rd Main Road?

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