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Guideline Value for Annapoorani Nagar Annexe / extension

₹1600/sq.ft.

The guideline value for Annapoorani Nagar Annexe / Extension in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1600 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[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 Annapoorani Nagar Annexe / Extension

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Annapoorani Nagar Annexe / extension guideline value

The current guideline value of Annapoorani Nagar Annexe / extension is Rs 1,600 per sq.ft, effective from 1 July 2024. This area is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Annapoorani Nagar Annexe / extension has changed

The guideline value for Annapoorani Nagar Annexe / extension has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 1,600 per sq.ft, which is an increase from Rs 1,500 per sq.ft in 2023, marking a change of +7%. Prior to that, the 2017 revision recorded the value at Rs 1,005 per sq.ft, indicating a significant increase of +49% to the 2023 figure. Overall, from 2017 to 2024, the guideline value has risen by +59%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO that carry a 2024 guideline value, ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value for these streets is Rs 1,600 per sq.ft, which is equal to the current guideline value for Annapoorani Nagar Annexe / extension.

Stamp duty and registration fee for property in Annapoorani Nagar Annexe / extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total charges to Rs 1,44,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annapoorani Nagar Annexe / extension?

The Sub Registrar Office that covers Annapoorani Nagar Annexe / extension is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Madhavaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately, reflecting the value of the property as per the government’s assessment. This helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Annapoorani Nagar Annexe / extension?

The current guideline value of Annapoorani Nagar Annexe / extension is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,005 per sq.ft to Rs 1,600 per sq.ft in 2024, marking a total increase of +59% over this period.

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

Other streets in Madhavaram with the same guideline value of Rs 1,600 per sq.ft include Annapoorani Nagar, Annapoorani Nagar, Ponniammanmedu (Ward-23), Annapoorani Annex II, Annapoorana Nagar (Ward-23), Annapoorna Nagar Extension, and Anna Nagar (Ward-19).

What is the registration fee for property in Annapoorani Nagar Annexe / extension?

The registration fee for property in Annapoorani Nagar Annexe / extension is calculated based on the guideline value. For a plot valued at Rs 16,00,000, the registration fee would be Rs 32,000 at a rate of 2%.

Where can I find the Sub Registrar Office for Annapoorani Nagar Annexe / extension?

The Sub Registrar Office for Annapoorani Nagar Annexe / extension is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information about your SRO online.