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

Guideline Value

Corporate

Guideline Value for ILANGO NAGAR MAIN ROAD

₹7150/sq.ft.

The guideline value for Ilango Nagar Main Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 7150 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹7150 /sq.ft.
From 1-4-2023 ₹6500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4355 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹578 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹522 /sq.ft.
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 Ilango Nagar Main Road

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

Ilango Nagar Main Road guideline value

The current guideline value of Ilango Nagar Main Road is Rs 7,150 per sq.ft, effective from 1 July 2024. This road is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Ilango Nagar Main Road has changed

The guideline value for Ilango Nagar Main Road has seen several revisions over the years. In 2002, the value was Rs 522 per sq.ft, which increased to Rs 578 per sq.ft in 2003, marking an increase of 11%. Following this, the value surged significantly to Rs 1,300 per sq.ft in 2007, reflecting a 125% increase. The value then rose dramatically to Rs 6,500 per sq.ft in 2012, showing a 400% increase from the previous revision. However, it decreased to Rs 4,355 per sq.ft in 2017, representing a decline of 33%.

From 2017 to 2023, the value increased to Rs 6,500 per sq.ft, which is a rise of 49%. The most recent revision in 2024 set the value at Rs 7,150 per sq.ft, a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 1270%.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. The guideline value for Ilango Nagar Main Road is below this median.

Stamp duty and registration fee for property in Ilango Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 7,150 per sq.ft, the total guideline value would be Rs 71,50,000. The stamp duty at 7% would amount to Rs 5,00,500, while the registration fee at 2% would be Rs 1,43,000. Together, the total cost for these fees would be Rs 6,43,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ilango Nagar Main Road?

The Sub Registrar Office that covers Ilango Nagar Main Road 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 assistance.

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

The guideline value is a crucial factor in property transactions in Thiruvanmiyur. It serves as a benchmark for determining the minimum value of a property for registration purposes. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid.

During the registration process, the buyer and seller must ensure that the sale price is at least equal to the guideline value. If the sale price is lower than the guideline value, the higher amount will be considered for calculating the applicable duties and fees.

Frequently asked questions

What is the current guideline value of Ilango Nagar Main Road?

The current guideline value of Ilango Nagar Main Road is Rs 7,150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 522 per sq.ft in 2002 to Rs 7,150 per sq.ft in 2024, reflecting an overall increase of 1270% over the years.

What is the land classification for Ilango Nagar Main Road?

Ilango Nagar Main Road is classified as Residential Class IV Type - I.

Where can I find the Sub Registrar Office for Ilango Nagar Main Road?

The Sub Registrar Office for Ilango Nagar Main Road 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.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft at the current guideline value, the total fees would amount to Rs 6,43,500.