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Guideline Value

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Guideline Value for LATTICE BRIDGE ROAD (D.NO. 150 & P.NO.444 ONLY)

₹12650/sq.ft.

The guideline value for Lattice Bridge Road (d.no. 150 & P.no.444 Only) in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 12650 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 Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12650 /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 ₹5000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹4257 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹3849 /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 Lattice Bridge Road (d.no. 150 & P.no.444 Only)

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Lattice Bridge Road (D.No. 150 & P.No.444 Only) guideline value

The current guideline value for Lattice Bridge Road (D.No. 150 & P.No.444 Only) is Rs 12,650 per sq.ft, effective from 1 July 2024. This property is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Lattice Bridge Road (D.No. 150 & P.No.444 Only) has changed

The guideline value for Lattice Bridge Road has seen several revisions over the years. Starting from Rs 3,849 per sq.ft in 2002, the value increased to Rs 4,257 per sq.ft in 2003, marking an 11% rise. By 2007, the value further increased to Rs 5,000 per sq.ft, a 17% increase from 2003. The next revision in 2012 saw a significant jump to Rs 11,500 per sq.ft, reflecting a 130% increase. However, in 2017, the value dropped to Rs 7,705 per sq.ft, a decrease of 33% from the previous revision. The value then rose to Rs 11,500 per sq.ft in 2023, before reaching the current rate of Rs 12,650 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 229%. There are no figures available for the revisions in the years not listed in the register for this street.

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. The median value for these streets is Rs 9,900 per sq.ft, placing Lattice Bridge Road's 2024 figure above this median.

Stamp duty and registration fee for property in Lattice Bridge Road (D.No. 150 & P.No.444 Only)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 1,26,50,000. The stamp duty at 7% would be Rs 8,85,500, and the registration fee at 2% would be Rs 2,53,000, bringing the total to Rs 11,38,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Lattice Bridge Road (D.No. 150 & P.No.444 Only)?

The Sub Registrar Office that covers Lattice Bridge 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 when buying or selling property in Thiruvanmiyur. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. This value is set by the government and is updated periodically to reflect changes in the real estate market.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Lattice Bridge Road?

The current guideline value for Lattice Bridge Road (D.No. 150 & P.No.444 Only) is Rs 12,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,849 per sq.ft in 2002 to Rs 12,650 per sq.ft in 2024, reflecting an overall increase of 229% over this period.

What is the median guideline value in Thiruvanmiyur?

The median guideline value in Thiruvanmiyur is Rs 9,900 per sq.ft, with Lattice Bridge Road's current value being above this median.

What are the stamp duty and registration fees for property on Lattice Bridge Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 11,38,500, calculated based on the guideline value of Rs 1,26,50,000.

Which office handles property registrations for Lattice Bridge Road?

The Chennai South Joint I Sub Registrar Office handles property registrations for Lattice Bridge Road, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.