Guideline Value

Corporate

Guideline Value for Besant Nagar 11th Cross Street

₹6600/sq.ft.

The guideline value for Besant Nagar 11th Cross Street in Urur village (Adayar SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1267 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1071 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[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 11th Cross Street

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Besant Nagar 11th Cross Street guideline value

The current guideline value of Besant Nagar 11th Cross Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Urur village under the Adayar SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Besant Nagar 11th Cross Street has changed

The guideline value for Besant Nagar 11th Cross Street has seen several revisions over the years. In 2002, the guideline value was Rs 1,071 per sq.ft, which increased to Rs 1,267 per sq.ft in 2003. Following this, the value rose significantly to Rs 2,800 per sq.ft in 2007, and then to Rs 6,000 per sq.ft in 2012. However, it decreased to Rs 4,020 per sq.ft in 2017. The value then increased to Rs 6,000 per sq.ft in 2023, and the latest revision in 2024 set it at Rs 6,600 per sq.ft.

Between the revisions, notable changes include a 10% increase from 2023 to 2024, and a 49% increase from 2017 to 2023. The value saw a decrease of 33% from 2012 to 2017 and an increase of 114% from 2007 to 2012. The most significant growth occurred between 2002 and 2024, with an overall increase of 516% during this period.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median value is Rs 6,600 per sq.ft, which matches the guideline value of Besant Nagar 11th Cross Street.

Stamp duty and registration fee for property in Besant Nagar 11th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, bringing the total fees together to Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Besant Nagar 11th Cross Street?

The Adayar Sub Registrar Office covers Besant Nagar 11th Cross Street. The office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Urur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value is used to calculate the applicable fees based on the property's size and value. This ensures that the registration process is standardized and transparent.

Frequently asked questions

What is the current guideline value of Besant Nagar 11th Cross Street?

The current guideline value of Besant Nagar 11th Cross Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 1,071 per sq.ft in 2002 to the current value of Rs 6,600 per sq.ft in 2024, marking an overall increase of 516%.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 66,00,000, the stamp duty would be Rs 4,62,000 and the registration fee would be Rs 1,32,000, totaling Rs 5,94,000.

Which Sub Registrar Office serves Besant Nagar 11th Cross Street?

The Adayar Sub Registrar Office serves Besant Nagar 11th Cross Street, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What is the land classification for Besant Nagar 11th Cross Street?

Besant Nagar 11th Cross Street is classified under Residential Class II Type - I.