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Guideline Value for I-Block, 2nd Main Road,382 to 389, 812 to 817

₹12600/sq.ft.

The guideline value for I-block, 2nd Main Road,382 To 389, 812 To 817 in Periakudal village (Annanagar SRO, Chennai zone) is Rs 12600 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Periakudal

Village

AnnaNagar

SRO

Mixed Type - III
History
Period Guideline Value
From 1-7-2024 ₹12600 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹11000 /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 I-block, 2nd Main Road,382 To 389, 812 To 817

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I-Block, 2nd Main Road,382 to 389, 812 to 817 guideline value

The current guideline value for I-Block, 2nd Main Road, 382 to 389, 812 to 817 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village, under the AnnaNagar SRO, and is classified as Mixed Type - III land.

How the guideline value of I-Block, 2nd Main Road,382 to 389, 812 to 817 has changed

The guideline value for this street has undergone several revisions over the years. In 2007, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, it saw a decrease to Rs 7,705 per sq.ft in 2017. Following this, there was a significant rise to Rs 11,500 per sq.ft in 2023, and the latest revision in 2024 has set the value at Rs 12,600 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. The overall change from 2007 to 2024 is an increase of 15%. The register does not have figures 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 guideline value for 2024, ranging from Rs 3,300 to Rs 23,553 per sq.ft. The median value is Rs 11,500 per sq.ft, indicating that the 2024 guideline value for this street is above the median.

Stamp duty and registration fee for property in I-Block, 2nd Main Road,382 to 389, 812 to 817

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 1,26,00,000. The stamp duty at 7% would be Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, bringing the total to Rs 11,34,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can calculate your own fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers I-Block, 2nd Main Road,382 to 389, 812 to 817?

The Sub Registrar Office that covers I-Block, 2nd Main Road, 382 to 389, 812 to 817 is 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 essential during the registration of property transactions in Periakudal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers must be aware of the guideline value to accurately calculate their costs during the transaction.

Frequently asked questions

What is the current guideline value for I-Block, 2nd Main Road,382 to 389, 812 to 817?

The current guideline value for I-Block, 2nd Main Road, 382 to 389, 812 to 817 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 11,000 per sq.ft in 2007 to Rs 12,600 per sq.ft in 2024, with various revisions in between. The most significant increase was from Rs 7,705 per sq.ft in 2017 to Rs 11,500 per sq.ft in 2023.

What is the land classification for I-Block, 2nd Main Road,382 to 389, 812 to 817?

The land classification for I-Block, 2nd Main Road, 382 to 389, 812 to 817 is Mixed Type - III.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in this area is 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for I-Block, 2nd Main Road, 382 to 389, 812 to 817 is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.