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Guideline Value

Corporate

Guideline Value for Konnur High Road 3rd Lane

₹4400/sq.ft.

The guideline value for Konnur High Road 3rd Lane in Ayanavaram village (Annanagar 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 Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayanavaram

Village

AnnaNagar

SRO

Residential Class II Type - I
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 ₹1200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹888 /sq.ft.
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 Konnur High Road 3rd Lane

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Konnur High Road 3rd Lane guideline value

The current guideline value of Konnur High Road 3rd Lane is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Ayanavaram village, under the AnnaNagar SRO, and is classified as Residential Class II Type - I.

How the guideline value of Konnur High Road 3rd Lane has changed

The guideline value for Konnur High Road 3rd Lane has seen several revisions over the years. In 2003, the value was Rs 888 per sq.ft, which increased to Rs 1,200 per sq.ft in 2007, marking a 35% rise. The value then surged significantly to Rs 4,000 per sq.ft in 2012, reflecting a 233% increase. However, it dropped to Rs 2,680 per sq.ft in 2017, a decrease of 33%. The value rose again to Rs 4,000 per sq.ft in 2023, before reaching its current figure of Rs 4,400 per sq.ft in 2024, which is a 10% increase from the previous year.

There is no figure available for this street in the 2002 revision. Overall, from 2003 to 2024, the guideline value has increased by 395%.

Guideline values in Ayanavaram

Ayanavaram has a total of 369 streets under the AnnaNagar SRO, with the 2024 guideline values ranging from Rs 2,700 to Rs 20,000 per sq.ft. The median value for these streets is Rs 4,900 per sq.ft, indicating that Konnur High Road 3rd Lane's 2024 figure is below this median.

Stamp duty and registration fee for property in Konnur High Road 3rd Lane

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be 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 to Rs 3,96,000. Please 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 further calculations.

Which Sub Registrar Office covers Konnur High Road 3rd Lane?

The Konnur High Road 3rd Lane is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

The guideline value is an important factor when registering property in Ayanavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Konnur High Road 3rd Lane?

The current guideline value of Konnur High Road 3rd Lane 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 888 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 395% over the years.

What is the land classification for Konnur High Road 3rd Lane?

Konnur High Road 3rd Lane is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for property in Konnur High Road 3rd Lane?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles registrations for Konnur High Road 3rd Lane?

The AnnaNagar Sub Registrar Office handles registrations for Konnur High Road 3rd Lane, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.