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Guideline Value

Corporate

Guideline Value for BESANT NAGAR 30TH CROSS STREET

₹9900/sq.ft.

The guideline value for Besant Nagar 30th Cross Street in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹9900 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹2143 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1937 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Besant Nagar 30th Cross Street

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Besant Nagar 30th Cross Street guideline value

The current guideline value of Besant Nagar 30th Cross Street is Rs 9,900 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Besant Nagar 30th Cross Street has changed

The guideline value for Besant Nagar 30th Cross Street has seen several revisions over the years. In 2002, the value was Rs 1,937 per sq.ft, which increased to Rs 2,143 per sq.ft in 2003, marking an increase of 11%. By 2007, the value rose significantly to Rs 2,200 per sq.ft, reflecting a 3% increase. The next revision in 2012 saw a substantial jump to Rs 9,000 per sq.ft, which was a 309% increase from the previous value. However, in 2017, the value dropped to Rs 6,030 per sq.ft, a decrease of 33%. The 2023 revision set the value at Rs 9,000 per sq.ft, which then increased to the current value of Rs 9,900 per sq.ft in 2024, showing a 10% rise.

Overall, from 2002 to 2024, the guideline value has increased by 411%. There are no revisions with figures missing for this street.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median value for these streets is Rs 9,900 per sq.ft, which is equal to the current guideline value of Besant Nagar 30th Cross Street.

Stamp duty and registration fee for property in Besant Nagar 30th Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 9,900 per sq.ft, the guideline value would be Rs 99,00,000. The stamp duty at 7% would amount to Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, totaling Rs 8,91,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Besant Nagar 30th Cross Street?

The Sub Registrar Office that covers Besant Nagar 30th Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor during the registration of property transactions in Thiruvanmiyur. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory costs incurred during the sale or purchase of property.

When a buyer or seller engages in a property transaction, the guideline value ensures that the transaction is registered at a fair value, reflecting the area's real estate market conditions. This helps maintain transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Besant Nagar 30th Cross Street?

The current guideline value of Besant Nagar 30th Cross Street is Rs 9,900 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 1,937 per sq.ft in 2002 to Rs 9,900 per sq.ft in 2024, reflecting an overall increase of 411% over the years.

What is the land classification for Besant Nagar 30th Cross Street?

Besant Nagar 30th Cross Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 99,00,000, the stamp duty would be Rs 6,93,000 at 7%.

Where can I find the Sub Registrar Office for Besant Nagar 30th Cross Street?

The Sub Registrar Office for Besant Nagar 30th Cross Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO using the provided link.