Guideline Value for G BLOCK 10TH MAIN ROAD

G Block 10th Main Road guideline value

The current guideline value of G Block 10th Main Road is Rs 15,900 per sq.ft, effective from 1 July 2024. This street is located in Thirumangalam village under the AnnaNagar SRO, classified as Commercial Special Type - I.

How the guideline value of G Block 10th Main Road has changed

The guideline value for G Block 10th Main Road has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 15,900 per sq.ft, which is an increase from Rs 14,500 per sq.ft in the 2023 revision. This reflects a change of +10%. Prior to that, in 2017, the value was Rs 9,715 per sq.ft, marking a substantial increase of +49% when compared to the 2023 figure. The overall increase from the 2017 revision to the 2024 revision is +64%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. The last recorded figure before 2017 was Rs 9,715 per sq.ft in 2017.

Guideline values in Thirumangalam

In Thirumangalam, there are 149 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 15,900 per sq.ft. The median value for these streets is Rs 11,500 per sq.ft, placing G Block 10th Main Road's 2024 figure above this median.

• G Block west 13th Street: Rs 11,500 per sq.ft (2024)
• G Block west 14th Street: Rs 11,500 per sq.ft (2024)
• G Block west 15th Street: Rs 11,500 per sq.ft (2024)
• G Block west 16th Street: Rs 11,500 per sq.ft (2024)
• G Block west 17th Street: Rs 11,500 per sq.ft (2024)
• G Block west 18th Street: Rs 11,500 per sq.ft (2024)

Stamp duty and registration fee for property in G Block 10th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 15,900 per sq.ft, the total guideline value amounts to Rs 1,59,00,000. The stamp duty, calculated at 7%, would be Rs 11,13,000, and the registration fee at 2% would be Rs 3,18,000, bringing the total fees to Rs 14,31,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher.

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

Which Sub Registrar Office covers G Block 10th Main Road?

The G Block 10th Main Road is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumangalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of G Block 10th Main Road?

The current guideline value of G Block 10th Main Road 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 increased from Rs 9,715 per sq.ft in 2017 to Rs 15,900 per sq.ft in 2024, reflecting an overall increase of +64% over these years.

What is the land classification for G Block 10th Main Road?

G Block 10th Main Road is classified as Commercial Special Type - I under the guideline value register.

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

For a property valued at Rs 1,59,00,000, the stamp duty would be Rs 11,13,000 and the registration fee would be Rs 3,18,000, totaling Rs 14,31,000.

Which office handles registrations for G Block 10th Main Road?

The AnnaNagar Sub Registrar Office handles registrations for G Block 10th Main Road, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.