Guideline Value

Corporate

Guideline Value for BESANT NAGAR 6th AVENUE

₹11000/sq.ft.

The guideline value for Besant Nagar 6th Avenue in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 11000 per sq.ft, effective 1 July 2024. It was Rs 10000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹11000 /sq.ft.
From 1-4-2023 ₹10000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6700 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹10000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹3000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹2397 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
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 6th Avenue

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BESANT NAGAR 6th AVENUE guideline value

The current guideline value for BESANT NAGAR 6th AVENUE is Rs 11,000 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 Special Type - II.

How the guideline value of BESANT NAGAR 6th AVENUE has changed

The guideline value for BESANT NAGAR 6th AVENUE has seen several revisions over the years. In 2003, the value was Rs 2,397 per sq.ft, which increased to Rs 3,000 per sq.ft in 2007, marking a significant rise of 25%. The value then surged to Rs 10,000 per sq.ft in 2012, reflecting a remarkable increase of 233%. However, it dropped to Rs 6,700 per sq.ft in 2017, a decrease of 33%. The value rose again to Rs 10,000 per sq.ft in 2023, and the latest revision in 2024 set it at Rs 11,000 per sq.ft, an increase of 10% from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 359%. It is important to note that there is no figure available for BESANT NAGAR 6th AVENUE in the 2002 revision.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that have a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. The guideline value for BESANT NAGAR 6th AVENUE is above this median.

Stamp duty and registration fee for property in BESANT NAGAR 6th AVENUE

For a 1,000 sq.ft plot at the current guideline value of Rs 11,000 per sq.ft, the total guideline value would be Rs 1,10,00,000. The stamp duty at 7% would amount to Rs 7,70,000, and the registration fee at 2% would be Rs 2,20,000, totaling Rs 9,90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers BESANT NAGAR 6th AVENUE?

The BESANT NAGAR 6th AVENUE is covered by 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 when buying or selling property in Thiruvanmiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is registered, the higher value between the guideline value and the sale price is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's worth as assessed by the guideline value.

Frequently asked questions

What is the current guideline value of BESANT NAGAR 6th AVENUE?

The current guideline value of BESANT NAGAR 6th AVENUE is Rs 11,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly over the years, increasing from Rs 2,397 per sq.ft in 2003 to Rs 11,000 per sq.ft in 2024, marking an overall increase of 359%.

What is the land classification for BESANT NAGAR 6th AVENUE?

The land classification for BESANT NAGAR 6th AVENUE is Residential Special Type - II.

Which Sub Registrar Office covers this area?

The Chennai South Joint I Sub Registrar Office covers BESANT NAGAR 6th AVENUE, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for properties in this area?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, for a property valued at Rs 1,10,00,000, the stamp duty would be Rs 7,70,000 at a rate of 7%.