Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for GANDHI NAGAR ANNA SALAI

₹3030/sq.ft.

The guideline value for Gandhi Nagar Anna Salai in Karambakkam village (Chennai South Joint I SRO, Chennai zone) is Rs 3030 per sq.ft, effective 1 July 2024. It was Rs 2750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Karambakkam

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3030 /sq.ft.
From 1-4-2023 ₹2750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1842 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2750 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Gandhi Nagar Anna Salai

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Gandhi Nagar Anna Salai guideline value

The current guideline value of Gandhi Nagar Anna Salai is Rs 3,030 per sq.ft, effective from 1 July 2024. This street is located in Karambakkam village under the Chennai South Joint I SRO and is classified as Residential Class I Type - I.

How the guideline value of Gandhi Nagar Anna Salai has changed

The guideline value for Gandhi Nagar Anna Salai has seen several revisions over the years. In 2012, the value was set at Rs 2,750 per sq.ft, which was a decrease of 33% from the Rs 1,842 per sq.ft recorded in 2017. The value remained the same at Rs 2,750 per sq.ft in 2023, before increasing by 10% to reach Rs 3,030 per sq.ft in the 2024 revision.

Looking at the changes, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Karambakkam

In Karambakkam, there are 159 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 1,930 per sq.ft, making the guideline value of Rs 3,030 per sq.ft for Gandhi Nagar Anna Salai above the median.

Stamp duty and registration fee for property in Gandhi Nagar Anna Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 3,030 per sq.ft, the total guideline value would be Rs 30,30,000. The stamp duty at 7% would amount to Rs 2,12,100, and the registration fee at 2% would be Rs 60,600, bringing the total cost to Rs 2,72,700. It is important to 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 details.

Which Sub Registrar Office covers Gandhi Nagar Anna Salai?

The Sub Registrar Office that covers Gandhi Nagar Anna Salai is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for further information.

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

The guideline value is an important factor when registering property transactions in Karambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fee. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher, affecting the overall transaction cost.

Frequently asked questions

What is the current guideline value of Gandhi Nagar Anna Salai?

The current guideline value of Gandhi Nagar Anna Salai is Rs 3,030 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,750 per sq.ft in 2012 to Rs 3,030 per sq.ft in 2024, with significant changes occurring in 2017 and 2023.

What is the land classification for Gandhi Nagar Anna Salai?

Gandhi Nagar Anna Salai is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Gandhi Nagar Anna Salai?

The Sub Registrar Office for Gandhi Nagar Anna Salai is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is stamp duty calculated for properties in Gandhi Nagar Anna Salai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 30,30,000, the stamp duty would be Rs 2,12,100 at 7%.