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Guideline Value

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Guideline Value for New Anna Nagar 5th Street

₹2200/sq.ft.

The guideline value for New Anna Nagar 5th 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 5th Street

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New Anna Nagar 5th Street guideline value

The current guideline value of New Anna Nagar 5th Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village under the Ambattur SRO, classified as Residential Special Type - II.

How the guideline value of New Anna Nagar 5th Street has changed

Over the years, the guideline value of New Anna Nagar 5th Street has seen several revisions. The earliest recorded value was Rs 500 per sq.ft in 2007. This figure increased significantly to Rs 2,000 per sq.ft in 2012, reflecting a 300% rise. However, it then decreased to Rs 1,340 per sq.ft in 2017, marking a 33% decline. The value then rose sharply to Rs 2,000 per sq.ft in 2023, and further increased to Rs 2,200 per sq.ft in 2024, which is a 10% increase from the previous year.

There are no recorded figures for New Anna Nagar 5th Street in the years 2002 and 2003. The overall change from the 2007 revision to the 2024 revision is a substantial increase of 340%.

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 guideline value for these streets is Rs 2,200 per sq.ft, which is the same as the current value for New Anna Nagar 5th Street.

Stamp duty and registration fee for property in New Anna Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, while the registration fee at 2% would be Rs 44,000. Together, the total cost for these fees would be Rs 1,98,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers New Anna Nagar 5th Street?

The Sub Registrar Office that covers New Anna Nagar 5th 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 buying or selling property in Oragadam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. The fees are calculated based on the higher of the guideline value or the sale price, ensuring that the appropriate taxes are collected.

When a property is registered, the guideline value helps in establishing a fair price for the transaction, which is essential for both buyers and sellers. It ensures transparency and compliance with local regulations, making the registration process smoother.

Frequently asked questions

What is the current guideline value of New Anna Nagar 5th Street?

The current guideline value of New Anna Nagar 5th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen various revisions, starting from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 340%.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which office handles property registrations for New Anna Nagar 5th Street?

The Ambattur Sub Registrar Office handles property registrations for New Anna Nagar 5th Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for New Anna Nagar 5th Street?

The land classification for New Anna Nagar 5th Street is Residential Special Type - II, indicating its designation for residential purposes.