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Guideline Value

Corporate

Guideline Value for Parasurama Eswaran koil 2nd Lane

₹4900/sq.ft.

The guideline value for Parasurama Eswaran Koil 2nd Lane in Ayanavaram village (Annanagar SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayanavaram

Village

AnnaNagar

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
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)

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 Parasurama Eswaran Koil 2nd Lane

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Parasurama Eswaran koil 2nd Lane guideline value

The current guideline value for Parasurama Eswaran koil 2nd Lane is Rs 4,900 per sq.ft. This street is located in Ayanavaram village and falls under the AnnaNagar SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Parasurama Eswaran koil 2nd Lane has changed

The guideline value for Parasurama Eswaran koil 2nd Lane has undergone several revisions over the years. The earliest recorded revision in 2007 set the value at Rs 1,000 per sq.ft, which saw a significant increase to Rs 4,500 per sq.ft in 2012. However, this was followed by a decrease to Rs 3,015 per sq.ft in 2017. The value then rose to Rs 4,500 per sq.ft in 2023, and currently stands at Rs 4,900 per sq.ft as of the 2024 revision, effective from 1 July 2024. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, there was a notable increase of 49%, while the value decreased by 33% from 2012 to 2017. The 2007 to 2012 period saw a remarkable increase of 350%. Overall, the guideline value has increased by 390% from 2007 to 2024.

Guideline values in Ayanavaram

In Ayanavaram, there are 369 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 2,700 to Rs 20,000 per sq.ft. The median guideline value is Rs 4,900 per sq.ft, which is equal to the current value of Parasurama Eswaran koil 2nd Lane.

Stamp duty and registration fee for property in Parasurama Eswaran koil 2nd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value amounts to Rs 49,00,000. The stamp duty is calculated at 7%, which totals Rs 3,43,000, and the registration fee is 2%, amounting to Rs 98,000. Together, these costs total Rs 4,41,000. 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 Parasurama Eswaran koil 2nd Lane?

The Parasurama Eswaran koil 2nd Lane is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ayanavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are transparent and in accordance with government regulations.

When a buyer or seller approaches the registration office, the guideline value is used to calculate stamp duty and registration fees, which are essential components of the property transaction process. This ensures that both parties are aware of the financial implications involved in the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Parasurama Eswaran koil 2nd Lane?

The current guideline value of Parasurama Eswaran koil 2nd Lane is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 1,000 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, with various fluctuations in between.

What is the land classification for Parasurama Eswaran koil 2nd Lane?

The land classification for Parasurama Eswaran koil 2nd Lane is Residential Class I Type - III.

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

For a property valued at Rs 49,00,000, the stamp duty would be Rs 3,43,000 and the registration fee would be Rs 98,000, totaling Rs 4,41,000.

Which office handles registrations for this street?

The AnnaNagar Sub Registrar Office handles registrations for Parasurama Eswaran koil 2nd Lane, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.