Guideline Value

Corporate

Guideline Value for Narayanappan Thottam 9th Lane

₹2200/sq.ft.

The guideline value for Narayanappan Thottam 9th Lane in Tondaiarpet village (Royapuram SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Tondaiarpet

Village

Royapuram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹1000 /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)

535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.
044-25960108
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Narayanappan Thottam 9th Lane

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Narayanappan Thottam 9th Lane guideline value

The current guideline value of Narayanappan Thottam 9th Lane is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Narayanappan Thottam 9th Lane has changed

The guideline value for Narayanappan Thottam 9th Lane has seen significant changes over the years. The oldest recorded revision is from 2007, where the guideline value was Rs 1,000 per sq.ft. This figure increased to Rs 2,000 per sq.ft in 2023, marking a 100% increase from 2007. The most recent revision in 2024 has set the value at Rs 2,200 per sq.ft, which is a 10% increase from the previous year.

It is important to note that there are no recorded figures for this street in the revisions from 2002, 2003, 2012, and 2017. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 10,100 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value of Narayanappan Thottam 9th Lane is above this median.

Stamp duty and registration fee for property in Narayanappan Thottam 9th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total cost for these fees Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Narayanappan Thottam 9th Lane?

The Sub Registrar Office that covers Narayanappan Thottam 9th Lane is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Tondaiarpet. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value helps establish a baseline for the transaction value, ensuring that the appropriate taxes are collected based on either the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Narayanappan Thottam 9th Lane?

The current guideline value of Narayanappan Thottam 9th Lane is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,000 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting a total increase of 120% over this period.

What is the stamp duty rate for property in Narayanappan Thottam 9th Lane?

The stamp duty rate for property transactions in Narayanappan Thottam 9th Lane is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Narayanappan Thottam 9th Lane?

The Royapuram Sub Registrar Office covers Narayanappan Thottam 9th Lane and is located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.

What is the median guideline value in Tondaiarpet?

The median guideline value in Tondaiarpet is Rs 1,600 per sq.ft, while Narayanappan Thottam 9th Lane's guideline value is above this median at Rs 2,200 per sq.ft.