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Guideline Value

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Guideline Value for Crist Colony (Annai Thearasa Main Road)

₹990/sq.ft.

The guideline value for Crist Colony (annai Thearasa Main Road) in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Crist Colony (annai Thearasa Main Road)

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Crist Colony (Annai Thearasa Main Road) guideline value

The current guideline value for Crist Colony (Annai Thearasa Main Road) is Rs 990 per sq.ft, effective from 1 July 2024. This area is located in Kovilpathagai village and falls under the Ambattur SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Crist Colony (Annai Thearasa Main Road) has changed

Starting with the 2012 revision, the guideline value was set at Rs 900 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 603 per sq.ft, marking a decline of 33%. In the following years, the value increased significantly, reaching Rs 900 per sq.ft in the 2023 revision and then rising to Rs 990 per sq.ft in the 2024 revision, which represents a 10% increase from the previous year. Overall, from 2012 to 2024, the guideline value has increased by 10%.

The 2023 revision saw the guideline value rise from Rs 900 per sq.ft to Rs 990 per sq.ft, reflecting a 10% increase. Between the 2017 and 2023 revisions, the value surged by 49%, indicating a substantial change over those years. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for these streets is Rs 870 per sq.ft, placing Crist Colony (Annai Thearasa Main Road) above this median with its current value of Rs 990 per sq.ft.

Stamp duty and registration fee for property in Crist Colony (Annai Thearasa Main Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value amounts to Rs 9,90,000. The stamp duty is charged at 7%, which would be Rs 69,300, and the registration fee is 2%, amounting to Rs 19,800. Together, the total cost for stamp duty and registration fee would be Rs 89,100. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Crist Colony (Annai Thearasa Main Road)?

The Sub Registrar Office that covers Crist Colony (Annai Thearasa Main Road) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kovilpathagai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value according to the local regulations.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. This ensures that both the buyer and seller adhere to the legal requirements set forth by the state.

Frequently asked questions

What is the current guideline value of Crist Colony (Annai Thearasa Main Road)?

The current guideline value of Crist Colony (Annai Thearasa Main Road) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 990 per sq.ft in 2024.

What is the land classification for Crist Colony (Annai Thearasa Main Road)?

The land classification for Crist Colony (Annai Thearasa Main Road) is Residential Class I Type - II.

Where can I find the Sub Registrar Office for Crist Colony?

The Sub Registrar Office for Crist Colony (Annai Thearasa Main Road) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Kovilpathagai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,90,000, the stamp duty at 7% would be Rs 69,300.