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Guideline Value

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Guideline Value for Surendra Nagar 6th street I, II, III, IV Cross street

₹5000/sq.ft.

The guideline value for Surendra Nagar 6th Street I, Ii, Iii, Iv Cross Street in Adambakkam village (Alandur SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Adambakkam

Village

Alandur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /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)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Surendra Nagar 6th Street I, Ii, Iii, Iv Cross Street

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Surendra Nagar 6th street I, II, III, IV Cross street guideline value

The current guideline value for Surendra Nagar 6th street I, II, III, IV Cross street is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Adambakkam village under the Alandur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Surendra Nagar 6th street I, II, III, IV Cross street has changed

Over the years, the guideline value for Surendra Nagar 6th street I, II, III, IV Cross street has seen several revisions. The 2024 revision shows a value of Rs 5,000 per sq.ft, which is an increase from Rs 4,500 per sq.ft in the 2023 revision, marking an 11% rise. Prior to that, the 2017 revision set the value at Rs 3,015 per sq.ft, reflecting a significant 49% increase when compared to the 2023 figure. The 2012 revision also recorded a value of Rs 4,500 per sq.ft, which was a decrease of 33% from the 2017 figure.

The register has no figures for the years 2002, 2003, and 2007 regarding this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 11%.

Guideline values in Adambakkam

In Adambakkam, there are 569 streets under the Alandur SRO that carry a 2024 guideline value ranging from Rs 2,800 to Rs 11,000 per sq.ft, with a median value of Rs 3,900 per sq.ft. Surendra Nagar 6th street I, II, III, IV Cross street's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Surendra Nagar 6th street I, II, III, IV Cross street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value amounts to Rs 50,00,000. The stamp duty at 7% would be Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, bringing the total to Rs 4,50,000. Duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Surendra Nagar 6th street I, II, III, IV Cross street?

The Sub Registrar Office that covers Surendra Nagar 6th street I, II, III, IV Cross street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Adambakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and fairly.

When you register a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Surendra Nagar 6th street I, II, III, IV Cross street?

The current guideline value for Surendra Nagar 6th street I, II, III, IV Cross street is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,500 per sq.ft in 2023 to Rs 5,000 per sq.ft in 2024, an increase of 11%. It was Rs 3,015 per sq.ft in 2017 and Rs 4,500 per sq.ft in 2012.

What is the land classification for Surendra Nagar 6th street I, II, III, IV Cross street?

This street falls under the Residential Class I Type - I land classification, indicating its suitability for residential purposes.

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

The Sub Registrar Office for Surendra Nagar 6th street I, II, III, IV Cross street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 50,00,000 would incur a stamp duty of Rs 3,50,000 at 7%.