Guideline Value

Corporate

Guideline Value for Harington Road

₹4400/sq.ft.

The guideline value for Harington Road in Nandhambakkam village (Alandur 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 I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nandhambakkam

Village

Alandur

SRO

Residential Class I Type - III
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 ₹1000 /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)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[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 Harington Road

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Harington Road guideline value

The current guideline value of Harington Road, located in Nandhambakkam village under the Alandur SRO, is Rs 4,400 per sq.ft, effective from 1 July 2024. This area falls under Residential Class I Type - III land classification.

How the guideline value of Harington Road has changed

The guideline value of Harington Road has experienced several revisions over the years. In 2007, the value was set at Rs 1,000 per sq.ft. This increased significantly to Rs 4,000 per sq.ft in 2012, marking a 300% rise. However, in 2017, the value dropped to Rs 2,680 per sq.ft, a decrease of 33%. The value then saw a substantial increase to Rs 4,000 per sq.ft in 2023, followed by a further rise to Rs 4,400 per sq.ft in 2024, which is a 10% increase from the previous year. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2007 to 2024, the guideline value has increased by 340%, highlighting the significant changes in property valuation over the years.

Guideline values in Nandhambakkam

Nandhambakkam has a total of 76 streets under the Alandur SRO with a 2024 guideline value ranging from Rs 2,200 to Rs 8,300 per sq.ft. The median value for these streets is Rs 3,900 per sq.ft, making Harington Road's 2024 figure of Rs 4,400 per sq.ft above the median.

Stamp duty and registration fee for property in Harington Road

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, and the registration fee at 2% would be Rs 88,000, bringing the total fees to 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harington Road?

The Sub Registrar Office that covers Harington Road is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Nandhambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When you buy or sell property, the guideline value is used to calculate the applicable stamp duty and registration fees. It is essential to be aware of the current guideline value to ensure compliance with legal requirements and avoid any potential issues during the registration process.

Frequently asked questions

What is the current guideline value of Harington Road?

The current guideline value of Harington Road 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 from Rs 1,000 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 340% over the years.

What are the other streets in Nandhambakkam and their guideline values?

Other streets in Nandhambakkam include Harikrishna Colony at Rs 3,900 per sq.ft, I.D.P.Lquarters at Rs 4,400 per sq.ft, and I.D.P.L Road at Rs 4,400 per sq.ft, among others.

What are the stamp duty and registration fees for property in Harington Road?

For a 1,000 sq.ft plot, the total guideline value is Rs 44,00,000, leading to a stamp duty of Rs 3,08,000 and a registration fee of Rs 88,000, totaling Rs 3,96,000.

Which office handles the registration for Harington Road?

The registration for Harington Road is handled by the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.