Guideline Value

Corporate

Guideline Value for New Anna Nagar extention

₹2200/sq.ft.

The guideline value for New Anna Nagar Extention 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 ₹179 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹166 /sq.ft.
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 Extention

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New Anna Nagar extention guideline value

The current guideline value for New Anna Nagar extention is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Oragadam village under the Ambattur SRO, with a land classification of Residential Special Type - II.

How the guideline value of New Anna Nagar extention has changed

The guideline value has seen several revisions over the years. In 2002, the value was Rs 166 per sq.ft, which increased to Rs 179 per sq.ft in 2003, marking an 8% rise. The value then saw a significant jump to Rs 500 per sq.ft in 2007, reflecting a 179% increase. Following this, the value rose to Rs 2,000 per sq.ft in 2012, a substantial 300% increase from the previous revision. However, it decreased to Rs 1,340 per sq.ft in 2017, representing a 33% drop. The value then increased to Rs 2,000 per sq.ft in 2023, and finally, it reached the current rate of Rs 2,200 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 1225%. There are no figures available for other years in the register 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 for these streets is Rs 2,200 per sq.ft, which is the same as the current value for New Anna Nagar extention.

Stamp duty and registration fee for property in New Anna Nagar extention

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, 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 duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers New Anna Nagar extention?

The Sub Registrar Office that covers New Anna Nagar extention 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 details.

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

The guideline value plays a crucial role during the registration process for property transactions in Oragadam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transactions. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for New Anna Nagar extention?

The current guideline value for New Anna Nagar extention 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 increased from Rs 166 per sq.ft in 2002 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 1225% over this period.

What is the stamp duty rate applicable in New Anna Nagar extention?

The stamp duty rate applicable in New Anna Nagar extention is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for New Anna Nagar extention located?

The Sub Registrar Office for New Anna Nagar extention is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the median guideline value for streets in Oragadam?

The median guideline value for streets in Oragadam is Rs 2,200 per sq.ft, which is the same as the current guideline value for New Anna Nagar extention.