Guideline Value

Corporate

Guideline Value for K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme

₹14800/sq.ft.

The guideline value for K- Block, 6th Avenue B1, B2, 431, (anna) Bouganvilla Apts, Tngrh Scheme in Ayanavaram village (Annanagar SRO, Chennai zone) is Rs 14800 per sq.ft, effective 1 July 2024. It was Rs 13500 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayanavaram

Village

AnnaNagar

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹14800 /sq.ft.
From 1-4-2023 ₹13500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9045 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13500 /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 K- Block, 6th Avenue B1, B2, 431, (anna) Bouganvilla Apts, Tngrh Scheme

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K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme guideline value

The current guideline value for K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme is Rs 14,800 per sq.ft, effective from 1 July 2024. This property is located in Ayanavaram village under the AnnaNagar SRO, classified as Mixed Special Type - I.

How the guideline value of K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme has changed

The guideline value for this property has seen several revisions over the years. In the 2007 revision, the guideline value was Rs 11,000 per sq.ft. This increased to Rs 13,500 per sq.ft in the 2012 revision, marking a 23% rise. However, in the 2017 revision, it dropped to Rs 9,045 per sq.ft, which was a decrease of 33%. The value then rose significantly to Rs 13,500 per sq.ft in the 2023 revision, reflecting a 49% increase. The latest revision in 2024 has set the guideline value at Rs 14,800 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 35%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ayanavaram

Ayanavaram has a variety of guideline values, with 369 streets under the AnnaNagar SRO carrying a 2024 figure ranging from Rs 2,700 to Rs 20,000 per sq.ft. The median guideline value in this area is Rs 4,900 per sq.ft, and K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme's 2024 figure is above that median.

Stamp duty and registration fee for property in K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme

For a 1,000 sq.ft plot at the current rate of Rs 14,800 per sq.ft, the guideline value amounts to Rs 1,48,00,000. The stamp duty at 7% would be Rs 10,36,000, and the registration fee at 2% would be Rs 2,96,000, totaling Rs 13,32,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme?

The Sub Registrar Office that covers K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ayanavaram. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme?

The current guideline value for K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme is Rs 14,800 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 14,800 per sq.ft in 2024, reflecting an overall increase of 35% over the years.

What is the land classification for this property?

The land classification for K- Block, 6th Avenue B1, B2, 431, (Anna) Bouganvilla Apts, TNGRH Scheme is Mixed Special Type - I.

Where is the Sub Registrar Office located?

The AnnaNagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is the stamp duty calculated for properties in Ayanavaram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,48,00,000, the stamp duty at 7% would be Rs 10,36,000.