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

₹1400/sq.ft.

The guideline value for Annai Therasa 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 ₹300 /sq.ft.
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 Street (a.k.a. Nagar)

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

The current guideline value of Annai Therasa 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, classified as Residential Class III Type - I.

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

Over the years, the guideline value of Annai Therasa Street (A.K.A. Nagar) has seen significant changes. In the 2007 revision, the guideline value was Rs 300 per sq.ft, which increased dramatically to Rs 1,300 per sq.ft in 2012, marking a rise of 333%. However, it fell to Rs 871 per sq.ft in 2017, a decrease of 33%. The value then surged to Rs 1,300 per sq.ft in 2023, and currently stands at Rs 1,400 per sq.ft as of the 2024 revision, reflecting an 8% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 367%.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO carrying 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. Annai Therasa Street (A.K.A. Nagar)'s 2024 figure of Rs 1,400 per sq.ft is below this median.

Stamp duty and registration fee for property in Annai Therasa 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 would be 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. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

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

The Sub Registrar Office that covers Annai Therasa 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 is a crucial factor when buying or selling property in Oragadam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process.

When a property is registered, the stamp duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

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

The current guideline value of Annai Therasa 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 300 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2024, with notable increases and decreases in between. For example, it rose to Rs 1,300 per sq.ft in 2012 and then fell to Rs 871 per sq.ft in 2017.

What are the stamp duty and registration fees for property in Annai Therasa Street (A.K.A. Nagar)?

For a property valued at Rs 14,00,000, the stamp duty would be Rs 98,000 and the registration fee would be Rs 28,000, totaling Rs 1,26,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Annai Therasa Street (A.K.A. Nagar)?

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

What is the land classification of Annai Therasa Street (A.K.A. Nagar)?

Annai Therasa Street (A.K.A. Nagar) is classified as Residential Class III Type - I. This classification is important for understanding the zoning and permissible uses of the land.