Guideline Value for M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165

₹14800/sq.ft.

The guideline value for M- Block, 3rd Avenue 3623 To 3630, 3623a, Govt. Hospital, 3623b, Royal Enclave, 5164, 5165 in Ayanavaram village (Annanagar SRO, Chennai zone) is Rs 14800 per sq.ft, effective 1 July 2024. It was Rs 13500 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayanavaram

Village

AnnaNagar

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹14800 /sq.ft.
From 1-4-2023 ₹13500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9045 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹13500 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
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 M- Block, 3rd Avenue 3623 To 3630, 3623a, Govt. Hospital, 3623b, Royal Enclave, 5164, 5165

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M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 guideline value

The current guideline value for M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 is Rs 14,800 per sq.ft, effective from 1 July 2024. This property is located in Ayanavaram village, under the AnnaNagar SRO, and is classified as Mixed Special Type - I.

How the guideline value of M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 has changed

The guideline value for this street has seen several revisions over the years. In the 2007 revision, the value was Rs 13,500 per sq.ft. It remained unchanged until the 2012 revision, where it also stood at Rs 13,500 per sq.ft. In 2017, the value decreased to Rs 9,045 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 13,500 per sq.ft. The most recent revision in 2024 raised the guideline value to Rs 14,800 per sq.ft, marking a 10% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 10%.

Guideline values in Ayanavaram

Ayanavaram has a total of 369 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 2,700 to Rs 20,000 per sq.ft, with a median value of Rs 4,900 per sq.ft. The guideline value for M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 is above this median.

Stamp duty and registration fee for property in M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,48,00,000. The stamp duty at 7% would amount to Rs 10,36,000, and the registration fee at 2% would be Rs 2,96,000, totaling Rs 13,32,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165?

The Sub Registrar Office that covers this area is 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 is a crucial factor during the registration of property transactions in Ayanavaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

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

Frequently asked questions

What is the current guideline value for M- Block, 3rd Avenue 3623 to 3630?

The current guideline value for M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 is Rs 14,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 13,500 per sq.ft in 2007 to Rs 14,800 per sq.ft in 2024, which is an overall increase of 10%. Notably, there was a decrease to Rs 9,045 per sq.ft in 2017, followed by increases in subsequent years.

What is the land classification for this area?

The land classification for M- Block, 3rd Avenue 3623 to 3630, 3623A, Govt. Hospital, 3623B, Royal Enclave, 5164, 5165 is Mixed Special Type - I.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for this property is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is stamp duty calculated for properties in Ayanavaram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 1,48,00,000, the stamp duty at 7% would be Rs 10,36,000.