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Guideline Value for Aringer Anna Nagar (Mettupalayam)

₹2200/sq.ft.

The guideline value for Aringer Anna Nagar (mettupalayam) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /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.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 Aringer Anna Nagar (mettupalayam)

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Aringer Anna Nagar (Mettupalayam) guideline value

The current guideline value of Aringer Anna Nagar (Mettupalayam) is Rs 2,200 per sq.ft, effective from 1 July 2024. This area falls under Madhavaram village and the Madhavaram SRO, classified as Residential Class I Type - I.

How the guideline value of Aringer Anna Nagar (Mettupalayam) has changed

The guideline value for Aringer Anna Nagar has seen a revision from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024, marking a 10% increase over this period. The register does not provide figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

Prior to the 2012 revision, there were no figures available for the revisions in 2002, 2003, 2007, and 2017. The only recorded revision is from 2012 to 2024, which reflects the current guideline value.

Guideline values in Madhavaram

The guideline values for properties in Madhavaram range from Rs 1,300 to Rs 7,500 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value of Aringer Anna Nagar at Rs 2,200 per sq.ft is above this median.

Stamp duty and registration fee for property in Aringer Anna Nagar (Mettupalayam)

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. 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 Aringer Anna Nagar (Mettupalayam)?

The Sub Registrar Office that covers Aringer Anna Nagar (Mettupalayam) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060, Chennai registration zone. 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 a critical factor in the registration process when buying or selling property in Madhavaram. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value will be used to calculate the fees 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 Aringer Anna Nagar?

The current guideline value of Aringer Anna Nagar (Mettupalayam) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024, reflecting a 10% rise. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

What are the guideline values for other streets in Madhavaram?

The guideline values for other streets in Madhavaram range from Rs 1,300 to Rs 7,500 per sq.ft, with the median being Rs 1,600 per sq.ft. Aringer Anna Nagar's guideline value is above this median at Rs 2,200 per sq.ft.

What fees are associated with buying property in Aringer Anna Nagar?

When buying property in Aringer Anna Nagar, the stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For example, a 1,000 sq.ft plot at Rs 2,200 per sq.ft incurs a total fee of Rs 1,98,000.

Where can I find the Sub Registrar Office for Aringer Anna Nagar?

The Sub Registrar Office for Aringer Anna Nagar is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information by visiting the relevant link.