Guideline Value

Corporate

Guideline Value for M.G.R.NAGAR ANNA STREET

₹880/sq.ft.

The guideline value for M.g.r.nagar Anna Street in Koladi village (Chennai South Joint Ii SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koladi

Village

Chennai South Joint II

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[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 M.g.r.nagar Anna Street

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

M.G.R.Nagar Anna Street guideline value

The current guideline value of M.G.R.Nagar Anna Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Koladi village and falls under the Chennai South Joint II SRO, classified as Residential Class II Type - II.

How the guideline value of M.G.R.Nagar Anna Street has changed

The guideline value for M.G.R.Nagar Anna Street has undergone several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which was then reduced to Rs 536 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 800 per sq.ft in the 2023 revision, and finally to Rs 880 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

In summary, from 2012 to 2024, the overall change in guideline value is an increase of 10%. The revisions for the years 2002, 2003, and 2007 do not have any figures available for this street.

Guideline values in Koladi

Koladi village has a total of 175 streets under the Chennai South Joint II SRO, with guideline values ranging from Rs 660 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing M.G.R.Nagar Anna Street's 2024 figure below this median.

Stamp duty and registration fee for property in M.G.R.Nagar Anna Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, leading to a total of Rs 79,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, please use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M.G.R.Nagar Anna Street?

The Sub Registrar Office that covers M.G.R.Nagar Anna Street is the Chennai South Joint II 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 Koladi

When buying or selling property in Koladi, the guideline value plays a crucial role during the registration process. The guideline value is used to determine the stamp duty and registration fees, which are essential costs associated with property transactions.

It is important for buyers and sellers to be aware of the current guideline value, as it ensures that they comply with the legal requirements during the transfer of property ownership. This value serves as a benchmark for assessing the financial aspects of the transaction.

Frequently asked questions

What is the current guideline value of M.G.R.Nagar Anna Street?

The current guideline value of M.G.R.Nagar Anna Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 800 per sq.ft in 2023, and finally to Rs 880 per sq.ft in 2024.

What is the land classification of M.G.R.Nagar Anna Street?

M.G.R.Nagar Anna Street is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for property transactions?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is charged at 2%. For example, for a property valued at Rs 8,80,000, the total fees would amount to Rs 79,200.

Which Sub Registrar Office covers M.G.R.Nagar Anna Street?

The Chennai South Joint II Sub Registrar Office covers M.G.R.Nagar Anna Street, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.