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Guideline Value

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Guideline Value for Ayyappa Nagar, 1st Main Road,

₹4400/sq.ft.

The guideline value for Ayyappa Nagar, 1st Main Road, in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /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)

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, 1st Main Road,

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Ayyappa Nagar, 1st Main Road, guideline value

The current guideline value of Ayyappa Nagar, 1st Main Road, is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Koyakbedu village, under the AnnaNagar SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Ayyappa Nagar, 1st Main Road, has changed

The guideline value for Ayyappa Nagar, 1st Main Road, has seen several revisions over the years. In 2012, the guideline value was set at Rs 4,000 per sq.ft. This figure decreased to Rs 2,680 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly to Rs 4,000 per sq.ft, representing a 49% rise. The most recent revision in 2024 has further increased the guideline value to Rs 4,400 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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 area is Rs 4,400 per sq.ft, which is equal to the current guideline value of Ayyappa Nagar, 1st Main Road.

Stamp duty and registration fee for property in Ayyappa Nagar, 1st Main Road,

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total costs together to Rs 3,96,000. The duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyappa Nagar, 1st Main Road,?

The Sub Registrar Office that covers Ayyappa Nagar, 1st Main Road, is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. For further details, you can find your SRO.

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

The guideline value is a critical factor when registering property in Koyakbedu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during a property transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable taxes, ensuring that the government receives the appropriate revenue from property transactions. It is essential for both parties to be aware of these values to facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of Ayyappa Nagar, 1st Main Road?

The current guideline value of Ayyappa Nagar, 1st Main Road, is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2012 to Rs 2,680 per sq.ft in 2017, then increased to Rs 4,000 per sq.ft in 2023, and finally to Rs 4,400 per sq.ft in 2024.

What is the land classification of Ayyappa Nagar, 1st Main Road?

Ayyappa Nagar, 1st Main Road, is classified under Residential Class I Type - II.

What other streets have similar guideline values in Koyakbedu?

Other streets in Koyakbedu with similar guideline values include Ayyappa Nagar, 2nd Main Road, and Ayyappa Nagar 3rd Main Road, both at Rs 4,400 per sq.ft.

Where can I find the Sub Registrar Office for Ayyappa Nagar?

The Sub Registrar Office for Ayyappa Nagar is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. This office handles all property registrations for the area.