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Guideline Value

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Guideline Value for G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market

₹15400/sq.ft.

The guideline value for G-block, Ist Avenue 577 To 583, 839 To 845 Chindamani Super Market 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, Ist Avenue 577 To 583, 839 To 845 Chindamani Super Market

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G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market guideline value

The current guideline value for G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market is Rs 15,400 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village and falls under the AnnaNagar SRO. The land classification is Commercial Class I Type - I.

How the guideline value of G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market has changed

In the 2007 revision, the guideline value was Rs 13,500 per sq.ft. This increased to Rs 14,000 per sq.ft in 2012, marking a 4% rise. However, in the 2017 revision, it decreased significantly to Rs 9,380 per sq.ft, a drop of 33%. The value then rose to Rs 14,000 per sq.ft in 2023, reflecting a 49% increase. The latest revision in 2024 sets the value at Rs 15,400 per sq.ft, which is a 10% increase from the previous year.

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

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, placing G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market above this median.

Stamp duty and registration fee for property in G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market

For a 1,000 sq.ft plot at the current rate, the guideline value is 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. 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 details.

Which Sub Registrar Office covers G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market?

The G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market is covered by 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 is a crucial factor when registering property in Periakudal. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these charges are based on the higher of the guideline value or the sale price, which can significantly affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market?

The current guideline value 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 seen several changes, with the most recent increase from Rs 14,000 per sq.ft in 2023 to Rs 15,400 per sq.ft in 2024, a rise of 10%.

What is the land classification for this property?

The land classification for G-Block, Ist Avenue 577 to 583, 839 to 845 Chindamani Super Market is Commercial Class I Type - I.

Where can I find the registration office for this property?

The registration office for this property is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the 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 10,78,000.