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Guideline Value for Sai Nagar Annexe, 4th Cross Street

₹4400/sq.ft.

The guideline value for Sai Nagar Annexe, 4th Cross Street in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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 Sai Nagar Annexe, 4th Cross Street

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Sai Nagar Annexe, 4th Cross Street guideline value

The current guideline value of Sai Nagar Annexe, 4th Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village and falls under the AnnaNagar SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Sai Nagar Annexe, 4th Cross Street has changed

The guideline value for Sai Nagar Annexe, 4th Cross Street has undergone several revisions over the years. In 2012, the value was Rs 4,000 per sq.ft, which then decreased to Rs 2,680 per sq.ft in 2017. Following this, the value increased significantly to Rs 4,000 per sq.ft in 2023, and further rose to Rs 4,400 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Koyakbedu

Koyakbedu village has a total of 270 streets under the AnnaNagar SRO carrying a 2024 guideline value ranging from Rs 2,200 to Rs 16,500 per sq.ft, with the median value being Rs 4,400 per sq.ft. The guideline value for Sai Nagar Annexe, 4th Cross Street is equal to this median.

Stamp duty and registration fee for property in Sai Nagar Annexe, 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, making a total of Rs 3,96,000. 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 more details.

Which Sub Registrar Office covers Sai Nagar Annexe, 4th Cross Street?

The Sai Nagar Annexe, 4th Cross Street is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Koyakbedu, as it determines the minimum value at which property can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay during the transaction.

When buying or selling property, it is crucial to be aware of the current guideline value, as it can significantly impact the overall costs involved in the registration process. Buyers should ensure that they are informed about the latest figures to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Sai Nagar Annexe, 4th Cross Street?

The current guideline value for Sai Nagar Annexe, 4th Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2012 to Rs 2,680 per sq.ft in 2017, then increased to Rs 4,000 per sq.ft in 2023, and finally to Rs 4,400 per sq.ft in 2024.

What is the stamp duty for property in Sai Nagar Annexe, 4th Cross Street?

The stamp duty for property in Sai Nagar Annexe, 4th Cross Street is 7% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Sai Nagar Annexe, 4th Cross Street?

The AnnaNagar Sub Registrar Office covers Sai Nagar Annexe, 4th Cross Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties in Koyakbedu, affecting the stamp duty and registration fees that buyers must pay during the transaction.