Guideline Value for F- Block, 2nd Main Road 269 to 280

F- Block, 2nd Main Road 269 to 280 guideline value

The current guideline value for F- Block, 2nd Main Road 269 to 280 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village under the AnnaNagar SRO, classified as Mixed Type - III land.

How the guideline value of F- Block, 2nd Main Road 269 to 280 has changed

The guideline value for this street has undergone several revisions over the years. In 2007, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, it decreased to Rs 7,705 per sq.ft in 2017. The value saw a significant rise to Rs 11,500 per sq.ft in 2023, and most recently, it has increased by 10% to Rs 12,600 per sq.ft in 2024.

Overall, the guideline value has increased by 15% from 2007 to 2024. Notably, there are no figures available for the years 2002 and 2003 for this street in the register.

Guideline values in Periakudal

In Periakudal, there are 101 streets under the AnnaNagar SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 23,553 per sq.ft. The median value is Rs 11,500 per sq.ft, and the current value for F- Block, 2nd Main Road 269 to 280 is above this median.

• F-Block, 1st Street: Rs 11,500 per sq.ft (2024)
• F-Block, 2nd Street: Rs 11,500 per sq.ft (2024)
• F- Block, 1st Avenue Plot nos 217A, B, 218 to 225, 225A, 226A 261, 262, 142 to 162: Rs 15,400 per sq.ft (2024)
• F-Block, 3rd Street: Rs 11,500 per sq.ft (2024)
• F-Block, 4th Street: Rs 11,500 per sq.ft (2024)
• F-Block, 5th Street: Rs 11,500 per sq.ft (2024)

Stamp duty and registration fee for property in F- Block, 2nd Main Road 269 to 280

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 1,26,00,000. The stamp duty at 7% would be Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, totaling Rs 11,34,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers F- Block, 2nd Main Road 269 to 280?

The F- Block, 2nd Main Road 269 to 280 falls under the jurisdiction of the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By 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 reference point for determining the stamp duty and registration fees payable during the transaction.

Frequently asked questions

What is the current guideline value for F- Block, 2nd Main Road 269 to 280?

The current guideline value for F- Block, 2nd Main Road 269 to 280 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 11,000 per sq.ft in 2007 to Rs 12,600 per sq.ft in 2024, showing an overall increase of 15% over the years.

What is the registration office for this property?

The registration office for F- Block, 2nd Main Road 269 to 280 is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 8,82,000.

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

Other streets in Periakudal include F-Block, 1st Street, F-Block, 2nd Street, F-Block, 1st Avenue, F-Block, 3rd Street, F-Block, 4th Street, and F-Block, 5th Street, each with varying guideline values.