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Guideline Value

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Guideline Value for Annai Therasa 3st Street (A.K.A Nagar)

₹1400/sq.ft.

The guideline value for Annai Therasa 3st Street (a.k.a Nagar) in Oragadam village (Ambattur SRO, Chennai zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /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 Therasa 3st Street (a.k.a Nagar)

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Annai Therasa 3st Street (A.K.A Nagar) guideline value

The current guideline value of Annai Therasa 3st Street (A.K.A Nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village, under the Ambattur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Annai Therasa 3st Street (A.K.A Nagar) has changed

The guideline value for Annai Therasa 3st Street (A.K.A Nagar) has seen several revisions over the years. The 2012 revision set the value at Rs 1,300 per sq.ft, which was then reduced to Rs 871 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,300 per sq.ft, and the latest revision in 2024 has raised it further to Rs 1,400 per sq.ft, marking an increase of 8% from the previous year.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Annai Therasa 3st Street (A.K.A Nagar) is below this median.

Stamp duty and registration fee for property in Annai Therasa 3st Street (A.K.A Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, totaling Rs 1,26,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Annai Therasa 3st Street (A.K.A Nagar)?

The Sub Registrar Office that covers Annai Therasa 3st Street (A.K.A Nagar) 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 Oragadam

The guideline value plays a crucial role in the registration process when buying or selling property in Oragadam. It is used to determine the stamp duty and registration fees that must be paid during the transaction, ensuring that the government receives the appropriate revenue from property sales.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the transaction is recorded accurately and that the necessary taxes are collected as per the prevailing regulations.

Frequently asked questions

What is the current guideline value of Annai Therasa 3st Street (A.K.A Nagar)?

The current guideline value of Annai Therasa 3st Street (A.K.A Nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,300 per sq.ft in 2023 to Rs 1,400 per sq.ft in 2024, an increase of 8%. From 2012 to 2024, the overall increase is 8%, despite a decrease from 2012 to 2017.

What is the land classification for Annai Therasa 3st Street (A.K.A Nagar)?

Annai Therasa 3st Street (A.K.A Nagar) is classified as Residential Class III Type - I.

What are the other streets in Oragadam with the same guideline value?

Other streets in Oragadam with the same guideline value of Rs 1,400 per sq.ft for 2024 include Annai Therasa 1st Street, Annai Therasa 2st Street, Annai Therasa Cross Street, and Annai Therasa Street (A.K.A. Nagar).

Where can I find the Sub Registrar Office for Annai Therasa 3st Street (A.K.A Nagar)?

The Sub Registrar Office for Annai Therasa 3st Street (A.K.A Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.