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Guideline Value for G- Block, 1st Main Road 602,613,624,632,632A, part

₹15400/sq.ft.

The guideline value for G- Block, 1st Main Road 602,613,624,632,632a, Part in Periakudal village (Annanagar SRO, Chennai zone) is Rs 15400 per sq.ft, effective 1 July 2024. It was Rs 14000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Periakudal

Village

AnnaNagar

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹15400 /sq.ft.
From 1-4-2023 ₹14000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9380 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14000 /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 G- Block, 1st Main Road 602,613,624,632,632a, Part

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G- Block, 1st Main Road 602,613,624,632,632A, part guideline value

The current guideline value for G- Block, 1st Main Road 602,613,624,632,632A, part is Rs 15,400 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village under the AnnaNagar SRO and is classified as Commercial Class I Type - I.

How the guideline value of G- Block, 1st Main Road 602,613,624,632,632A, part has changed

The guideline value for this street has undergone several revisions over the years. In 2007, the value was Rs 13,500 per sq.ft, which increased to Rs 14,000 per sq.ft in 2012. However, it decreased to Rs 9,380 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 14,000 per sq.ft in 2023, and further rose to Rs 15,400 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 14%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Periakudal

In Periakudal, there are 101 streets under the AnnaNagar SRO that have 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, making the guideline value for G- Block, 1st Main Road 602,613,624,632,632A, part above this median.

Stamp duty and registration fee for property in G- Block, 1st Main Road 602,613,624,632,632A, part

For a 1,000 sq.ft plot at the current guideline value of Rs 15,400 per sq.ft, the total guideline value amounts to Rs 1,54,00,000. The stamp duty at 7% would be Rs 10,78,000, and the registration fee at 2% would be Rs 3,08,000, totaling Rs 13,86,000. Please note that the 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 G- Block, 1st Main Road 602,613,624,632,632A, part?

The G- Block, 1st Main Road 602,613,624,632,632A, part falls under 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 is a crucial factor when registering property transactions in Periakudal. It determines the minimum value at which a property can be registered, ensuring that the state receives the appropriate stamp duty and registration fees.

Frequently asked questions

What is the current guideline value for G- Block, 1st Main Road 602,613,624,632,632A, part?

The current guideline value for G- Block, 1st Main Road 602,613,624,632,632A, part is Rs 15,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed multiple times, starting from Rs 13,500 per sq.ft in 2007, rising to Rs 14,000 in 2012, dropping to Rs 9,380 in 2017, then increasing to Rs 14,000 in 2023, and finally reaching Rs 15,400 in 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 1,54,00,000, the stamp duty would be Rs 10,78,000 and the registration fee would be Rs 3,08,000, totaling Rs 13,86,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office should I approach for registration?

The AnnaNagar Sub Registrar Office covers G- Block, 1st Main Road 602,613,624,632,632A, part. It is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the land classification for G- Block, 1st Main Road 602,613,624,632,632A, part?

The land classification for this property is Commercial Class I Type - I, indicating its suitability for commercial activities.