Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for RANI ANNA NAGAR -THIRU VI KA SQUARE

₹5500/sq.ft.

The guideline value for Rani Anna Nagar -thiru Vi Ka Square in Arumbakkam village (Kodambakkam SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Arumbakkam

Village

Kodambakkam

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1100 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[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 Rani Anna Nagar -thiru Vi Ka Square

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Rani Anna Nagar -Thiru VI Ka Square guideline value

The current guideline value for Rani Anna Nagar -Thiru VI Ka Square is Rs 5,500 per sq.ft, effective from 1 July 2024. This area is located in Arumbakkam village and falls under the Kodambakkam SRO. The land classification for this street is Residential Special Type - III.

How the guideline value of Rani Anna Nagar -Thiru VI Ka Square has changed

The guideline value for Rani Anna Nagar -Thiru VI Ka Square has seen significant changes over the years. Starting from the 2007 revision, the value was Rs 1,100 per sq.ft, which increased dramatically to Rs 5,000 per sq.ft in 2012. This marked a substantial rise of 355%. However, the value decreased to Rs 3,350 per sq.ft in 2017, reflecting a decline of 33%. The 2023 revision set the value at Rs 5,000 per sq.ft, and the latest revision in 2024 raised it to Rs 5,500 per sq.ft, showing an increase of 10% from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Arumbakkam

In Arumbakkam, there are 391 streets under the Kodambakkam SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median value for these streets is Rs 6,000 per sq.ft, placing the guideline value for Rani Anna Nagar -Thiru VI Ka Square below this median.

Stamp duty and registration fee for property in Rani Anna Nagar -Thiru VI Ka Square

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value would be Rs 55,00,000. The stamp duty at 7% would amount to Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, making the total cost for these fees Rs 4,95,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rani Anna Nagar -Thiru VI Ka Square?

The Sub Registrar Office that covers Rani Anna Nagar -Thiru VI Ka Square is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Arumbakkam. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory when transferring property ownership. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the actual sale price.

When selling property, the guideline value helps determine the minimum price at which the property can be registered. It ensures that the transaction reflects a value that is recognized by the state, thereby facilitating a smoother registration process.

Frequently asked questions

What is the current guideline value for Rani Anna Nagar -Thiru VI Ka Square?

The current guideline value for Rani Anna Nagar -Thiru VI Ka Square is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,100 per sq.ft in 2007 to Rs 5,500 per sq.ft in 2024, reflecting an overall increase of 400% over this period.

What is the land classification for this area?

The land classification for Rani Anna Nagar -Thiru VI Ka Square is Residential Special Type - III.

Where can I find the Kodambakkam Sub Registrar Office?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What fees are associated with buying property in this area?

When buying property in Rani Anna Nagar -Thiru VI Ka Square, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.