Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for M.M.D.A. Whole Sale Market Shop No.TD 89 only

₹7700/sq.ft.

The guideline value for M.m.d.a. Whole Sale Market Shop No.td 89 Only in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4690 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2600 /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.m.d.a. Whole Sale Market Shop No.td 89 Only

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.M.D.A. Whole Sale Market Shop No.TD 89 only guideline value

The current guideline value for M.M.D.A. Whole Sale Market Shop No.TD 89 only is Rs 7,700 per sq.ft, effective from 1 July 2024. This property is located in Koyakbedu village under the AnnaNagar SRO, classified as Mixed Type - II land.

How the guideline value of M.M.D.A. Whole Sale Market Shop No.TD 89 only has changed

The guideline value for this property has seen several revisions over the years. Starting from the 2007 revision, the value was Rs 2,600 per sq.ft. It increased significantly to Rs 7,000 per sq.ft in 2012, marking a 169% rise. However, it then decreased to Rs 4,690 per sq.ft in 2017, a decline of 33%. The value rose again to Rs 7,000 per sq.ft in 2023, and currently stands at Rs 7,700 per sq.ft as of the 2024 revision, reflecting a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, there has been a substantial increase of 196%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Koyakbedu

Koyakbedu has a range of guideline values across its 270 streets, with figures for 2024 ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value in this area is Rs 4,400 per sq.ft, placing M.M.D.A. Whole Sale Market Shop No.TD 89 only above the median value.

Stamp duty and registration fee for property in M.M.D.A. Whole Sale Market Shop No.TD 89 only

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty at 7% would be Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total fees to Rs 6,93,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M.M.D.A. Whole Sale Market Shop No.TD 89 only?

The Sub Registrar Office that covers M.M.D.A. Whole Sale Market Shop No.TD 89 only 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 Koyakbedu

The guideline value plays a crucial role in property transactions in Koyakbedu, as it determines the minimum value at which a property can be registered. This value is essential for calculating stamp duty and registration fees, which are mandatory during the sale process.

When buying or selling a property, it is important to be aware of the guideline value, as it can affect the overall costs involved in the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for M.M.D.A. Whole Sale Market Shop No.TD 89 only?

The current guideline value for M.M.D.A. Whole Sale Market Shop No.TD 89 only is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,600 per sq.ft in 2007 to Rs 7,700 per sq.ft in 2024, marking an overall increase of 196% over the years.

What is the registration office for this property?

The registration office for M.M.D.A. Whole Sale Market Shop No.TD 89 only is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the stamp duty calculated for properties in Koyakbedu?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For M.M.D.A. Whole Sale Market Shop No.TD 89 only, the stamp duty at 7% would be Rs 5,39,000 on the guideline value.

What are the other guideline values in Koyakbedu?

In Koyakbedu, the guideline values range from Rs 2,200 to Rs 16,500 per sq.ft. Other streets in Koyakbedu have varying rates, with some streets like Mmda Wholesale Market A Road and MMDA Wholesale Market also valued at Rs 7,700 per sq.ft in 2024.