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Guideline Value for Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47

₹660/sq.ft.

The guideline value for Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 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

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹192 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹60 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47

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Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 guideline value

The current guideline value for Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 has changed

The guideline value for this street has seen several revisions over the years. In 2002, the guideline value was Rs 60 per sq.ft, which increased significantly to Rs 192 per sq.ft in 2003, marking a 220% rise. The value then continued to grow, reaching Rs 400 per sq.ft in 2007, followed by Rs 600 per sq.ft in 2012. However, there was a decline to Rs 402 per sq.ft in 2017. The value rebounded to Rs 600 per sq.ft in 2023, and currently stands at Rs 660 per sq.ft as of the 2024 revision, reflecting a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 1000%. Notably, there are no figures available for this street for the years not mentioned in the register.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,210 per sq.ft. The median guideline value is Rs 660 per sq.ft, which is equal to the current value of Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47.

Stamp duty and registration fee for property in Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty, charged at 7%, would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. Duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47?

The Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 is covered by the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the necessary fees, which are based on the higher of the guideline value or the actual sale price. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47?

The current guideline value for Kotta Karai Anna Nagar 2nd Street Ward No.13 Door No.1-47 is Rs 660 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 60 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, marking an overall increase of 1000% over the years.

What is the stamp duty for a property in Kotta Karai Anna Nagar 2nd Street?

The stamp duty for a property in Kotta Karai Anna Nagar 2nd Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Gummidipoondi Sub Registrar Office?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.

What is the land classification for Kotta Karai Anna Nagar 2nd Street?

The land classification for Kotta Karai Anna Nagar 2nd Street is Residential Class II Type - I.