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Guideline Value

Corporate

Guideline Value for Shenoy Nagar East Ist Main Road

₹14300/sq.ft.

The guideline value for Shenoy Nagar East Ist Main Road in Aminjikarai village (Annanagar SRO, Chennai zone) is Rs 14300 per sq.ft, effective 1 July 2024. It was Rs 13000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aminjikarai

Village

AnnaNagar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹14300 /sq.ft.
From 1-4-2023 ₹13000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8710 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13000 /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 Shenoy Nagar East Ist Main Road

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Shenoy Nagar East Ist Main Road guideline value

The current guideline value of Shenoy Nagar East Ist Main Road is Rs 14,300 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village and falls under the AnnaNagar SRO, classified as Residential Special Type - I.

How the guideline value of Shenoy Nagar East Ist Main Road has changed

The guideline value for this street has seen several revisions over the years. In 2012, the value was Rs 13,000 per sq.ft, which then decreased to Rs 8,710 per sq.ft in 2017. Following this, the value rose significantly to Rs 13,000 per sq.ft in 2023, and then increased by 10% to the current rate of Rs 14,300 per sq.ft in 2024.

Between the revisions, the most notable change was from 2017 to 2023, where the value increased by 49%. The overall change from 2012 to 2024 shows a modest increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Aminjikarai

Aminjikarai has 99 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 16,500 per sq.ft, with a median value of Rs 4,400 per sq.ft. The guideline value of Shenoy Nagar East Ist Main Road is above this median.

Stamp duty and registration fee for property in Shenoy Nagar East Ist Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 14,300 per sq.ft, the total guideline value amounts to Rs 1,43,00,000. The stamp duty at 7% would be Rs 10,01,000, and the registration fee at 2% would be Rs 2,86,000, bringing the total to Rs 12,87,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Shenoy Nagar East Ist Main Road?

The Sub Registrar Office that covers Shenoy Nagar East Ist Main Road is 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 Aminjikarai

The guideline value plays a crucial role in the registration process of property transactions in Aminjikarai. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is taken into account to ensure that the correct fees are calculated. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Shenoy Nagar East Ist Main Road?

The current guideline value of Shenoy Nagar East Ist Main Road is Rs 14,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 13,000 per sq.ft in 2012 to Rs 8,710 per sq.ft in 2017, then to Rs 13,000 per sq.ft in 2023, and finally to Rs 14,300 per sq.ft in 2024.

What is the land classification for Shenoy Nagar East Ist Main Road?

Shenoy Nagar East Ist Main Road is classified as Residential Special Type - I.

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

For a property valued at Rs 1,43,00,000, the stamp duty would be Rs 10,01,000 and the registration fee would be Rs 2,86,000, totaling Rs 12,87,000.

Which office handles registrations for this area?

The AnnaNagar Sub Registrar Office handles registrations for Shenoy Nagar East Ist Main Road, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.