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Guideline Value

Corporate

Guideline Value for Konnur High Road 4th Lane

₹4400/sq.ft.

The guideline value for Konnur High Road 4th 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 4th Lane

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Konnur High Road 4th Lane guideline value

The current guideline value of Konnur High Road 4th Lane is Rs 4,400 per sq.ft. This property 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 4th Lane has changed

The guideline value for Konnur High Road 4th Lane has undergone several revisions over the years. Starting from Rs 888 per sq.ft in 2003, it increased to Rs 1,200 per sq.ft in 2007, marking a 35% rise. The value then saw a significant jump to Rs 4,000 per sq.ft in 2012, which was a 233% increase. However, it decreased to Rs 2,680 per sq.ft in 2017, reflecting a decline of 33%. The value increased again to Rs 4,000 per sq.ft in 2023, and most recently, it has risen to Rs 4,400 per sq.ft in 2024, representing a 10% increase.

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

Guideline values in Ayanavaram

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

Stamp duty and registration fee for property in Konnur High Road 4th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to 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, resulting in a total of Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Konnur High Road 4th Lane?

The Konnur High Road 4th 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 details.

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

The guideline value is a crucial factor when registering property transactions in Ayanavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair pricing of the property based on its location and classification. It is essential for buyers and sellers to be aware of these values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Konnur High Road 4th Lane?

The current guideline value of Konnur High Road 4th 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 are the other streets in Ayanavaram with similar guideline values?

Other streets in Ayanavaram with a guideline value of Rs 4,400 per sq.ft in 2024 include Konnur High Road 2nd Lane, Konnur High Road 3rd Lane, Konnur High Road 5th Lane, and Konnur High Road Ist Lane.

What are the stamp duty and registration fees for property in Konnur High Road 4th 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 the registration for Konnur High Road 4th Lane?

The registration for Konnur High Road 4th Lane is handled by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.