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Guideline Value for R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block)

₹6600/sq.ft.

The guideline value for R.v. Nagar Ist 2nd, 3rd Street, 4th Street (d Block) in Aminjikarai village (Annanagar SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aminjikarai

Village

AnnaNagar

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2800 /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 R.v. Nagar Ist 2nd, 3rd Street, 4th Street (d Block)

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R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) guideline value

The current guideline value for R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village under the AnnaNagar SRO, classified as Residential Class I Type - III.

How the guideline value of R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) has changed

Since the 2007 revision, the guideline value has increased significantly. The 2007 revision recorded a guideline value of Rs 2,800 per sq.ft. This increased to Rs 6,000 per sq.ft in 2012, marking a rise of 114%. However, in the 2017 revision, the value dropped to Rs 4,020 per sq.ft, reflecting a decrease of 33%. The 2023 revision saw the value rise again to Rs 6,000 per sq.ft, and in the latest 2024 revision, it has further increased to Rs 6,600 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 136%. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Aminjikarai

Aminjikarai has 99 streets under the AnnaNagar SRO, with 2024 guideline values ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median value is Rs 4,400 per sq.ft, placing R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) above this median.

Stamp duty and registration fee for property in R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block)

For a 1,000 sq.ft plot at the current rate of Rs 6,600 per sq.ft, the guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. 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 details.

Which Sub Registrar Office covers R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block)?

The Sub Registrar Office that covers R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) is 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 information.

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

The guideline value is crucial during the registration of property transactions in Aminjikarai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value will determine the minimum amount on which stamp duty is calculated. This ensures that both buyers and sellers are aware of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value for R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block)?

The current guideline value for R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, starting from Rs 2,800 per sq.ft in 2007, increasing to Rs 6,000 in 2012, dropping to Rs 4,020 in 2017, and then rising to Rs 6,000 in 2023 before reaching Rs 6,600 in 2024.

What is the land classification for R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block)?

R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) is classified as Residential Class I Type - III.

Where can I find the registration office for this area?

The registration office covering R.V. Nagar Ist 2nd, 3rd Street, 4th street (D Block) is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the stamp duty calculated for properties in R.V. Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 66,00,000, the stamp duty would be calculated at 7% of that amount.