Guideline Value

Corporate

Guideline Value for L.B. LINK ROAD

₹12660/sq.ft.

The guideline value for L.b. Link Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 12660 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹12660 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1113 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1006 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 L.b. Link Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

L.B. Link Road guideline value

The current guideline value of L.B. Link Road in Thiruvanmiyur village is Rs 12,660 per sq.ft, effective from 1 July 2024. This area falls under the Chennai South Joint I SRO and is classified as Commercial Class I Type - I.

How the guideline value of L.B. Link Road has changed

Over the years, the guideline value of L.B. Link Road has seen significant changes. The 2002 revision recorded a value of Rs 1,006 per sq.ft, which increased to Rs 1,113 per sq.ft in 2003, marking a 11% rise. The value further increased to Rs 1,800 per sq.ft in 2007, reflecting a substantial 62% growth. By 2012, the guideline value was Rs 11,500 per sq.ft, showing a 539% increase from 2007. However, it then decreased to Rs 7,705 per sq.ft in 2017, indicating a decline of 33%.

From 2017 to 2023, the guideline value rose significantly to Rs 11,500 per sq.ft, which is a 49% increase. The most recent revision in 2024 has set the value at Rs 12,660 per sq.ft, representing a 10% increase from the previous year. Overall, since 2002, the guideline value has increased by 1158%.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. L.B. Link Road's 2024 figure is above this median.

Stamp duty and registration fee for property in L.B. Link Road

For a 1,000 sq.ft plot at the current guideline value of Rs 12,660 per sq.ft, the total guideline value amounts to Rs 1,26,60,000. The stamp duty at 7% would be Rs 8,86,200, and the registration fee at 2% would be Rs 2,53,200, bringing the total fees to Rs 11,39,400. The 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 L.B. Link Road?

The Sub Registrar Office that covers L.B. Link Road is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Thiruvanmiyur. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must be aware of the guideline value to ensure compliance with the registration process.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. This ensures that all transactions are documented accurately and transparently, adhering to the regulations set by the local authorities.

Frequently asked questions

What is the current guideline value of L.B. Link Road?

The current guideline value of L.B. Link Road is Rs 12,660 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 1,006 per sq.ft in 2002 to Rs 12,660 per sq.ft in 2024, reflecting an overall increase of 1158%.

What is the registration office for L.B. Link Road?

The registration office for L.B. Link Road is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is stamp duty calculated for properties in L.B. Link Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 1,26,60,000 incurs a stamp duty of Rs 8,86,200 at 7%.

What are the other streets with guideline values in Thiruvanmiyur?

Other streets in Thiruvanmiyur include Lattice Bridge Road and various L.B. Roads, with values ranging from Rs 12,650 to Rs 12,660 per sq.ft in 2024.