Guideline Value

Corporate

Guideline Value for T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289

₹12600/sq.ft.

The guideline value for T- Block, 3rd Main Road 4018, 4112, 4197 To 4200, 4230, 4289 in Mullam village (Annanagar SRO, Chennai zone) is Rs 12600 per sq.ft, effective 1 July 2024. It was Rs 11500 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

Mullam

Village

AnnaNagar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12600 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹11000 /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)

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 T- Block, 3rd Main Road 4018, 4112, 4197 To 4200, 4230, 4289

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

T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289 guideline value

The current guideline value for T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Mullam village and falls under the AnnaNagar SRO, classified as Residential Special Type - I.

How the guideline value of T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289 has changed

The guideline value has seen several revisions over the years. In 2007, the value was Rs 11,000 per sq.ft, which increased to Rs 11,500 per sq.ft in 2012. However, there was a significant drop to Rs 7,705 per sq.ft in 2017. Following this, the value rose sharply to Rs 11,500 per sq.ft in 2023, and then to Rs 12,600 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 15%. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Mullam

In Mullam, there are 119 streets under the AnnaNagar SRO carrying a 2024 guideline value ranging from Rs 4,400 to Rs 15,900 per sq.ft, with a median of Rs 11,500 per sq.ft. The guideline value for T- Block, 3rd Main Road is above this median, reflecting its unique position in the area.

Stamp duty and registration fee for property in T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289

For a 1,000 sq.ft plot at the current guideline value of Rs 12,600 per sq.ft, the total guideline value amounts to Rs 1,26,00,000. The stamp duty at 7% would be Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, totaling Rs 11,34,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289?

The Sub Registrar Office that covers T- Block, 3rd Main Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

When buying or selling property in Mullam, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is essentially the minimum value set by the government for property transactions, ensuring that the state collects appropriate taxes on property sales.

During the registration process, the property is assessed based on its guideline value or the sale price, whichever is higher. This means that buyers should be aware of the guideline value to understand the potential costs involved in the registration of their property.

Frequently asked questions

What is the current guideline value for T- Block, 3rd Main Road?

The current guideline value for T- Block, 3rd Main Road 4018, 4112, 4197 to 4200, 4230, 4289 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 11,000 per sq.ft in 2007 to Rs 12,600 per sq.ft in 2024, with various increases and decreases in between.

What is the land classification for T- Block, 3rd Main Road?

The land classification for T- Block, 3rd Main Road is Residential Special Type - I, indicating its designated use for residential purposes.

Where is the AnnaNagar Sub Registrar Office located?

The AnnaNagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is stamp duty calculated for properties in Mullam?

Stamp duty for properties in Mullam is calculated based on the higher of the guideline value or the sale price. This ensures that the state receives the appropriate tax revenue from property transactions.