Guideline Value

Corporate

Guideline Value for Chengalvarayan Street

₹4400/sq.ft.

The guideline value for Chengalvarayan Street in Aminjikarai 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 Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aminjikarai

Village

AnnaNagar

SRO

Residential Class II 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 ₹1200 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹650 /sq.ft.
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 Chengalvarayan Street

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

Chengalvarayan Street guideline value

The current guideline value of Chengalvarayan Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village under the AnnaNagar SRO, classified as Residential Class II Type - II.

How the guideline value of Chengalvarayan Street has changed

The guideline value for Chengalvarayan Street has undergone several revisions over the years. Starting from Rs 650 per sq.ft in 2002, it increased to Rs 1,200 per sq.ft in 2007, marking a significant rise of 85%. In 2012, the value was Rs 4,000 per sq.ft, but it decreased by 33% to Rs 2,680 per sq.ft in 2017. The value then saw a substantial increase of 49% to reach Rs 4,000 per sq.ft in 2023, before rising again by 10% to the current value of Rs 4,400 per sq.ft in 2024.

The register does not have a figure for Chengalvarayan Street for the year 2003. Overall, from 2002 to 2024, the guideline value has increased by 577%.

Guideline values in Aminjikarai

Aminjikarai village has 99 streets under the AnnaNagar SRO, with the 2024 guideline values ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median value is Rs 4,400 per sq.ft, which is the same as the current value for Chengalvarayan Street.

Stamp duty and registration fee for property in Chengalvarayan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be 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 to Rs 3,96,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chengalvarayan Street?

The Chengalvarayan Street falls under the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Aminjikarai. It determines the minimum value at which a property can be registered, ensuring that all transactions are recorded accurately for taxation purposes.

When you register a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Chengalvarayan Street?

The current guideline value of Chengalvarayan Street 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 650 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 577% over the years.

What are the other streets in Aminjikarai with their guideline values?

Other streets in Aminjikarai include Chellammal Street at Rs 5,500 per sq.ft, Cemetry Road at Rs 4,400 per sq.ft, Devakiammal Street at Rs 6,600 per sq.ft, East Arasamaram Street at Rs 4,400 per sq.ft, East Club Road at Rs 14,300 per sq.ft, and East Mada Lane at Rs 4,400 per sq.ft.

What is the role of the AnnaNagar Sub Registrar Office?

The AnnaNagar Sub Registrar Office is responsible for the registration of property transactions in Chengalvarayan Street and surrounding areas, ensuring compliance with local regulations.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price of the property, whichever is higher. This ensures that the appropriate fees are collected during property transactions.