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

Guideline Value

Corporate

Guideline Value for Gandhi Nagar - Anjaneya Cottage 2nd Street

₹4400/sq.ft.

The guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street in Saligramam village (Virugambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Saligramam

Village

Virugambakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹559 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹512 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 - Anjaneya Cottage 2nd Street

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 - Anjaneya Cottage 2nd Street guideline value

The current guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Saligramam village, under the Virugambakkam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Gandhi Nagar - Anjaneya Cottage 2nd Street has changed

The guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street has seen significant changes over the years. In 2002, the value was Rs 512 per sq.ft, which rose to Rs 559 per sq.ft in 2003. By 2007, the value increased dramatically to Rs 1,250 per sq.ft, marking a 124% rise. The value then surged to Rs 4,000 per sq.ft in 2012, reflecting a 220% increase. However, it decreased to Rs 2,680 per sq.ft in 2017, a decline of 33%. Following this, the value rose to Rs 4,000 per sq.ft in 2023, before reaching the current figure of Rs 4,400 per sq.ft in 2024, representing a 10% increase.

There are no figures available for the years not mentioned in the register for this street. The overall increase from 2002 to 2024 is a remarkable 759%.

Guideline values in Saligramam

In Saligramam, there are 333 streets under the Virugambakkam SRO that carry a 2024 guideline value, ranging from Rs 2,750 to Rs 13,200 per sq.ft. The median value is Rs 4,400 per sq.ft, which is equal to the current guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street.

Stamp duty and registration fee for property in Gandhi Nagar - Anjaneya Cottage 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, while the registration fee at 2% would be Rs 88,000, leading to a total of Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Gandhi Nagar - Anjaneya Cottage 2nd Street?

The Sub Registrar Office that covers Gandhi Nagar - Anjaneya Cottage 2nd Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Saligramam. It is used to determine the stamp duty and registration fees that must be paid at the time of registration.

When a property is sold, the guideline value serves as a benchmark for the transaction. If the sale price is higher than the guideline value, the duty is calculated based on the sale price instead.

Frequently asked questions

What is the current guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street?

The current guideline value for Gandhi Nagar - Anjaneya Cottage 2nd Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 512 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, resulting in an overall increase of 759%.

What is the land classification for this street?

Gandhi Nagar - Anjaneya Cottage 2nd Street is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for this area?

The Virugambakkam Sub Registrar Office is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 at 7%.