Guideline Value

Corporate

Guideline Value for New Anna Nagar 3rd Street

₹2200/sq.ft.

The guideline value for New Anna Nagar 3rd Street in Oragadam village (Ambattur 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 Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Special Type - II
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 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 New Anna Nagar 3rd Street

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New Anna Nagar 3rd Street guideline value

The current guideline value of New Anna Nagar 3rd Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of New Anna Nagar 3rd Street has changed

The guideline value for New Anna Nagar 3rd Street has undergone several revisions over the years. In 2007, the value was set at Rs 500 per sq.ft. This increased significantly to Rs 2,000 per sq.ft in 2012, reflecting a rise of 300%. However, in 2017, the value decreased to Rs 1,340 per sq.ft, marking a decline of 33%. By 2023, the value had risen again to Rs 2,000 per sq.ft, and in the latest revision for 2024, it reached Rs 2,200 per sq.ft, an increase of 10% from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 340%. It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 3,500 per sq.ft. The median value is Rs 2,200 per sq.ft, which is the same as the current guideline value for New Anna Nagar 3rd Street.

Stamp duty and registration fee for property in New Anna Nagar 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the 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, bringing the total to Rs 1,98,000. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers New Anna Nagar 3rd Street?

The Sub Registrar Office that covers New Anna Nagar 3rd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Oragadam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. This value is used by the registration authority to calculate the fees applicable during the registration process, ensuring transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of New Anna Nagar 3rd Street?

The current guideline value of New Anna Nagar 3rd Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 340% over this period.

What is the land classification of New Anna Nagar 3rd Street?

New Anna Nagar 3rd Street is classified as Residential Special Type - II.

Where can I find the Sub Registrar Office for New Anna Nagar 3rd Street?

The Ambattur Sub Registrar Office covers New Anna Nagar 3rd Street and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in New Anna Nagar 3rd Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at 7%.