Guideline Value

Corporate

Guideline Value for Aziz Mulk 3nd St

₹10400/sq.ft.

The guideline value for Aziz Mulk 3nd St in Nungambakkam village (Chennai Central Joint Ii SRO, Chennai zone) is Rs 10400 per sq.ft, effective 1 July 2024. It was Rs 9500 per sq.ft from 1 April 2023, a 9% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nungambakkam

Village

Chennai Central Joint II

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹10400 /sq.ft.
From 1-4-2023 ₹9500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6365 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /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)

No:5/9, Kavigar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24331038
[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 Aziz Mulk 3nd St

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Aziz Mulk 3nd St guideline value

The current guideline value of Aziz Mulk 3nd St is Rs 10,400 per sq.ft, effective from 1 July 2024. This street is located in Nungambakkam village under the Chennai Central Joint II SRO, classified as Commercial Class I Type - I.

How the guideline value of Aziz Mulk 3nd St has changed

The guideline value for Aziz Mulk 3nd St has undergone several revisions over the years. The earliest available revision is from 2007, where the value was Rs 2,500 per sq.ft. This increased significantly to Rs 9,500 per sq.ft in 2012, followed by a decrease to Rs 6,365 per sq.ft in 2017. The value then rose to Rs 9,500 per sq.ft in 2023, and finally, the current figure is Rs 10,400 per sq.ft as of the 2024 revision. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. The value saw a significant rise of 280% from 2007 to 2012, but then it decreased by 33% from 2012 to 2017. Overall, from 2007 to 2024, the guideline value has increased by 316%.

Guideline values in Nungambakkam

In Nungambakkam, there are 270 streets under the Chennai Central Joint II SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 22,000 per sq.ft, with a median value of Rs 8,800 per sq.ft. The guideline value of Aziz Mulk 3nd St is above this median.

Stamp duty and registration fee for property in Aziz Mulk 3nd St

For a 1,000 sq.ft plot at the current guideline value of Rs 10,400 per sq.ft, the total guideline value would be Rs 1,04,00,000. The stamp duty at 7% would amount to Rs 7,28,000, and the registration fee at 2% would be Rs 2,08,000, totaling Rs 9,36,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aziz Mulk 3nd St?

The Aziz Mulk 3nd St falls under the Chennai Central Joint II Sub Registrar Office, located at No:5/9, Kavigar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Nungambakkam. It serves as a benchmark for determining the registration fees and stamp duty applicable during the property transaction. Buyers and sellers should be aware of the guideline value to ensure compliance with legal and financial obligations.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory expenses in the property transaction process. Understanding the guideline value helps in making informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Aziz Mulk 3nd St?

The current guideline value of Aziz Mulk 3nd St is Rs 10,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 2,500 per sq.ft in 2007 to Rs 10,400 per sq.ft in 2024, representing a total increase of 316% over the years.

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

Other streets in Nungambakkam with the same guideline value of Rs 10,400 per sq.ft include Aziz Mulk 1st St, Aziz Mulk 2nd St, Aziz Mulk 4th St, Aziz Mulk 5th St, Aziz Mulk 6th St, and Aziz Mulk 7th St.

Where can I find the Sub Registrar Office for Aziz Mulk 3nd St?

The Sub Registrar Office covering Aziz Mulk 3nd St is located at No:5/9, Kavigar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.

How is the stamp duty calculated for properties in Aziz Mulk 3nd St?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 1,04,00,000 would incur a stamp duty of Rs 7,28,000 at 7%.