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Guideline Value for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702

₹15900/sq.ft.

The guideline value for D- Block, 2nd Avenue, X 74, 75, 632b, 679, 697 To 702 in Periakudal village (Annanagar SRO, Chennai zone) is Rs 15900 per sq.ft, effective 1 July 2024. It was Rs 14500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Periakudal

Village

AnnaNagar

SRO

Commercial Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹15900 /sq.ft.
From 1-4-2023 ₹14500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9715 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹13500 /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 D- Block, 2nd Avenue, X 74, 75, 632b, 679, 697 To 702

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D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 guideline value

The current guideline value for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 is Rs 15,900 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village under the AnnaNagar SRO, classified as Commercial Special Type - II.

How the guideline value of D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 has changed

The guideline value for this street has undergone several revisions over the years. The 2007 revision set the value at Rs 13,500 per sq.ft, which increased to Rs 14,500 per sq.ft in 2012, marking a 7% rise. However, from 2012 to 2017, the value decreased significantly to Rs 9,715 per sq.ft, reflecting a 33% drop. The value then rose to Rs 14,500 per sq.ft in 2023, showing a 49% increase from the previous revision.

With the latest revision in 2024, the guideline value has reached Rs 15,900 per sq.ft, a 10% increase from 2023. Overall, comparing the 2007 and 2024 revisions, there has been an 18% increase in the guideline value.

Guideline values in Periakudal

In Periakudal village, there are 101 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 23,553 per sq.ft, with a median value of Rs 11,500 per sq.ft. The guideline value for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 is above this median.

Stamp duty and registration fee for property in D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 1,59,00,000. The stamp duty at 7% would be Rs 11,13,000, and the registration fee at 2% would be Rs 3,18,000, bringing the total to Rs 14,31,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702?

The D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 is covered by 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 information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Periakudal. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the official valuation set by the Registration Department.

When a property is sold, the buyer must pay the stamp duty and registration fees based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702?

The current guideline value for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 is Rs 15,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent revision in 2024 showing an increase to Rs 15,900 per sq.ft from Rs 14,500 per sq.ft in 2023. Overall, from 2007 to 2024, there has been an 18% increase in the value.

What is the land classification for this property?

The land classification for D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702 is Commercial Special Type - II.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 14,31,000, which includes Rs 11,13,000 for stamp duty and Rs 3,18,000 for the registration fee.

Where can I find the Sub Registrar Office for this property?

The AnnaNagar Sub Registrar Office covers D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.