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Guideline Value

Corporate

Guideline Value for Sri Ayyappa Nagar 4th Main Road

₹4400/sq.ft.

The guideline value for Sri Ayyappa Nagar 4th Main Road 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 N/A
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 Sri Ayyappa Nagar 4th Main Road

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Sri Ayyappa Nagar 4th Main Road guideline value

The current guideline value of Sri Ayyappa Nagar 4th Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village under the AnnaNagar SRO and is classified as Residential Class I Type - II.

How the guideline value of Sri Ayyappa Nagar 4th Main Road has changed

The guideline value for Sri Ayyappa Nagar 4th Main Road has seen several revisions over the years. The 2017 revision set the value at Rs 2,680 per sq.ft. This increased to Rs 4,000 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 shows a further increase to Rs 4,400 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Koyakbedu

In Koyakbedu, there are 270 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value is Rs 4,400 per sq.ft, which matches the current value of Sri Ayyappa Nagar 4th Main Road.

Stamp duty and registration fee for property in Sri Ayyappa Nagar 4th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sri Ayyappa Nagar 4th Main Road?

The Sub Registrar Office that covers Sri Ayyappa Nagar 4th 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 details.

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

The guideline value is an essential factor during property transactions in Koyakbedu. It serves as a benchmark for determining the stamp duty and registration fees applicable when registering a property sale or purchase.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is registered at a fair value as per the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Sri Ayyappa Nagar 4th Main Road?

The current guideline value of Sri Ayyappa Nagar 4th Main Road 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 increased from Rs 2,680 per sq.ft in 2017 to Rs 4,400 per sq.ft in 2024, marking a total increase of 64% over these years.

What is the land classification for Sri Ayyappa Nagar 4th Main Road?

Sri Ayyappa Nagar 4th Main Road is classified as Residential Class I Type - II.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Sri Ayyappa Nagar 4th Main Road is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Sri Ayyappa Nagar 4th Main Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.