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Guideline Value

Corporate

Guideline Value for Konnur High Road 5th lane

₹4400/sq.ft.

The guideline value for Konnur High Road 5th 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 5th Lane

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Konnur High Road 5th lane guideline value

The current guideline value of Konnur High Road 5th lane is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Ayanavaram village and falls under the jurisdiction of the AnnaNagar SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Konnur High Road 5th lane has changed

The guideline value for Konnur High Road 5th lane has seen several revisions over the years. In 2003, the guideline value was Rs 888 per sq.ft. This increased to Rs 1,200 per sq.ft in 2007, marking a change of +35%. The value then rose significantly to Rs 4,000 per sq.ft in 2012, which was a remarkable increase of +233%. However, it decreased to Rs 2,680 per sq.ft in 2017, reflecting a drop of -33%. Following this, the value surged to Rs 4,000 per sq.ft in 2023, an increase of +49%. The most recent revision in 2024 set the guideline value at Rs 4,400 per sq.ft, which is a +10% change from the previous year.

It is important to note that the register does not have a figure for the year 2002 for this street. 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 guideline values 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, placing Konnur High Road 5th lane's 2024 figure below that median.

Stamp duty and registration fee for property in Konnur High Road 5th lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000. Together, the total cost for these fees would be Rs 3,96,000. It is essential to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Konnur High Road 5th lane?

The Konnur High Road 5th lane falls under 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 during the registration process of 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 duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. This value is essential for calculating the applicable fees, which are based on the higher of the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Konnur High Road 5th lane?

The current guideline value of Konnur High Road 5th 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 significantly from Rs 888 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of +395% over this period.

What is the land classification for Konnur High Road 5th lane?

The land classification for Konnur High Road 5th lane is Residential Class II Type - I.

Where can I find the Sub Registrar Office for Konnur High Road 5th lane?

The Sub Registrar Office covering Konnur High Road 5th lane is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. For example, 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.