Guideline Value

Corporate

Guideline Value for Ayyappa Nagar 5th Street

₹4900/sq.ft.

The guideline value for Ayyappa Nagar 5th Street in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561062
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Ayyappa Nagar 5th Street

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Ayyappa Nagar 5th Street guideline value

The current guideline value of Ayyappa Nagar 5th Street is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village and falls under the AnnaNagar SRO, classified as Residential Class II Type - II.

How the guideline value of Ayyappa Nagar 5th Street has changed

The guideline value for Ayyappa Nagar 5th Street has seen several revisions over the years. In 2007, the guideline value was Rs 1,500 per sq.ft. This increased significantly to Rs 4,500 per sq.ft in 2012, marking a 200% rise. However, in 2017, the value dropped to Rs 3,015 per sq.ft, reflecting a decrease of 33%. The value then rose again to Rs 4,500 per sq.ft in 2023, and most recently, it increased to Rs 4,900 per sq.ft in 2024, representing a 9% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 227%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Koyakbedu

Koyakbedu village has a total of 270 streets under the AnnaNagar SRO, with guideline values ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value for the village is Rs 4,400 per sq.ft, placing Ayyappa Nagar 5th Street's 2024 figure above this median.

Stamp duty and registration fee for property in Ayyappa Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value would be Rs 49,00,000. The stamp duty at 7% would amount to Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, bringing the total fees together to Rs 4,41,000. It is important to note that 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 Ayyappa Nagar 5th Street?

The Ayyappa Nagar 5th Street falls under the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Koyakbedu. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers need to be aware of this value to ensure compliance with local regulations during the sale process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Ayyappa Nagar 5th Street?

The current guideline value of Ayyappa Nagar 5th Street is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, reflecting an overall increase of 227% over the years.

What is the median guideline value in Koyakbedu?

The median guideline value in Koyakbedu village is Rs 4,400 per sq.ft, with Ayyappa Nagar 5th Street's 2024 value being above this median.

What are the stamp duty and registration fees for Ayyappa Nagar 5th Street?

For a 1,000 sq.ft plot, the total stamp duty would be Rs 3,43,000 and the registration fee would be Rs 98,000, totaling Rs 4,41,000 based on the guideline value.

Which office handles the registration for Ayyappa Nagar 5th Street?

The registration for Ayyappa Nagar 5th Street is handled by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.