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Guideline Value

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Guideline Value for INDRA NAGAR 30TH CROSS STREET

₹9900/sq.ft.

The guideline value for Indra Nagar 30th Cross Street in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 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

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹9900 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /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 Indra Nagar 30th Cross Street

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Indra Nagar 30th Cross Street guideline value

The current guideline value of Indra Nagar 30th Cross Street is Rs 9,900 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Indra Nagar 30th Cross Street has changed

The guideline value for Indra Nagar 30th Cross Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 9,900 per sq.ft, an increase from Rs 9,000 per sq.ft in 2023, marking a 10% rise. Prior to that, in 2017, the value was Rs 6,030 per sq.ft, which means there was a significant increase of 49% from 2017 to 2023. The 2012 revision also recorded a value of Rs 9,000 per sq.ft, reflecting a decrease of 33% when compared to the 2017 figure.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, comparing the 2012 revision to the current 2024 value shows a net increase of 10% over the years.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that have a guideline value for 2024, ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median guideline value is Rs 9,900 per sq.ft, which is equal to the current value of Indra Nagar 30th Cross Street.

Stamp duty and registration fee for property in Indra Nagar 30th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 9,900 per sq.ft, the total guideline value amounts to Rs 99,00,000. The stamp duty at 7% would be Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, resulting in a total of Rs 8,91,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Indra Nagar 30th Cross Street?

The Sub Registrar Office that covers Indra Nagar 30th Cross Street 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 more information.

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

The guideline value plays a crucial role in the registration of property transactions in Thiruvanmiyur. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property, ensuring compliance with local regulations.

When a property is sold, the buyer and seller must refer to the guideline value to ascertain the applicable fees. This value serves as a benchmark for the transaction, and the fees are calculated based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Indra Nagar 30th Cross Street?

The current guideline value of Indra Nagar 30th Cross Street is Rs 9,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 6,030 per sq.ft in 2017 to Rs 9,900 per sq.ft in 2024, with various changes in between, including a decrease in 2012.

What is the land classification for Indra Nagar 30th Cross Street?

Indra Nagar 30th Cross Street is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 99,00,000, the stamp duty would be Rs 6,93,000 and the registration fee would be Rs 1,98,000, totaling Rs 8,91,000.

Which office handles registrations for Indra Nagar 30th Cross Street?

The Chennai South Joint I Sub Registrar Office handles registrations for Indra Nagar 30th Cross Street, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.