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Guideline Value

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Guideline Value for Chinmaya Nagar 4th Cross Street (S No.203, 204/1)

₹4900/sq.ft.

The guideline value for Chinmaya Nagar 4th Cross Street (s No.203, 204/1) in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /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)

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 Chinmaya Nagar 4th Cross Street (s No.203, 204/1)

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Chinmaya Nagar 4th Cross Street (S No.203, 204/1) guideline value

The current guideline value of Chinmaya Nagar 4th Cross Street (S No.203, 204/1) is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village and falls under the AnnaNagar SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Chinmaya Nagar 4th Cross Street (S No.203, 204/1) has changed

The guideline value of Chinmaya Nagar 4th Cross Street has seen several revisions over the years. The earliest recorded value was Rs 1,500 per sq.ft in 2007. This increased significantly to Rs 4,500 per sq.ft in 2012, marking a 200% increase. However, it then fell to Rs 3,015 per sq.ft in 2017, a decrease of 33%. The value rose again to Rs 4,500 per sq.ft in 2023, and most recently, it has increased to Rs 4,900 per sq.ft in 2024, reflecting a 9% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen by 227%. It is important to note that there are no recorded figures for the years 2002 and 2003 for this street.

Guideline values in Koyakbedu

In Koyakbedu, there are 270 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value in this area is Rs 4,400 per sq.ft, positioning Chinmaya Nagar 4th Cross Street above this median.

Stamp duty and registration fee for property in Chinmaya Nagar 4th Cross Street (S No.203, 204/1)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value would be Rs 49,00,000. The stamp duty at 7% would amount to Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, bringing the total to Rs 4,41,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinmaya Nagar 4th Cross Street (S No.203, 204/1)?

The Sub Registrar Office that covers Chinmaya Nagar 4th Cross Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Koyakbedu. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for both buyers and sellers as it ensures compliance with the regulations set by the Registration Department. It also helps in establishing a transparent transaction process, minimizing disputes related to property valuation.

Frequently asked questions

What is the current guideline value of Chinmaya Nagar 4th Cross Street?

The current guideline value of Chinmaya Nagar 4th Cross Street (S No.203, 204/1) is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, showing an overall increase of 227% over the years.

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

Other streets in Koyakbedu with the same guideline value of Rs 4,900 per sq.ft include Chinmaya Nagar 3rd Cross Street, Chinmaya Nagar 2nd Main Road, Chinmaya Nagar 2nd Cross Street, Chinmaya Nagar Stage 1 & 2, Extension 3rd Street, and Chinmaya Nagar 1st Cross Street.

What is the registration fee for property in Chinmaya Nagar 4th Cross Street?

The registration fee for property in Chinmaya Nagar 4th Cross Street is 2% of the guideline value. For a plot valued at Rs 49,00,000, the registration fee would be Rs 98,000.

Where can I find the Sub Registrar Office for Chinmaya Nagar 4th Cross Street?

The Sub Registrar Office for Chinmaya Nagar 4th Cross Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.