Guideline Value for T.M.P. Nagar Anna Street
₹5500/sq.ft.
The guideline value for T.m.p. Nagar Anna Street in Mugappair village (Konnur SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Mugappair
Village
Konnur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹5500 /sq.ft. |
| From 1-4-2023 | ₹5000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹3350 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹5000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹1200 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹400 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹364 /sq.ft. |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]
DRO (District Registrar Office)
Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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.m.p. Nagar Anna Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Konnur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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T.M.P. Nagar Anna Street guideline value
The current guideline value of T.M.P. Nagar Anna Street is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Mugappair village and falls under the Konnur SRO. The land classification for this area is Residential Class I Type - I.
How the guideline value of T.M.P. Nagar Anna Street has changed
The guideline value for T.M.P. Nagar Anna Street has seen several revisions over the years. In 2002, the value was Rs 364 per sq.ft, which increased to Rs 400 per sq.ft in 2003, marking a 10% rise. The value then surged significantly to Rs 1,200 per sq.ft in 2007, reflecting a 200% increase. Following this, the value rose to Rs 5,000 per sq.ft in 2012, which was a 317% increase from the previous figure. However, it decreased to Rs 3,350 per sq.ft in 2017, showing a decline of 33%. The value then increased to Rs 5,000 per sq.ft in 2023, followed by a further increase to Rs 5,500 per sq.ft in 2024, representing a 10% rise.
Overall, from 2002 to 2024, the guideline value has increased by 1411%. There are no figures available for the revisions in the years not listed above for this street.
Guideline values in Mugappair
Mugappair village has a total of 224 streets under the Konnur SRO, with 2024 guideline values ranging from Rs 3,300 to Rs 8,800 per sq.ft. The median value for these streets is Rs 7,100 per sq.ft, placing T.M.P. Nagar Anna Street's 2024 figure below this median.
- T.M.P. Nagar Appar Street: Rs 3,800 per sq.ft (2024)
- T.M.P. Nagar Arunagirinathar Street: Rs 3,800 per sq.ft (2024)
- T.M.P. Nagar Avvai Street: Rs 3,800 per sq.ft (2024)
- T.M.P. Nagar Bharadhidasan Street: Rs 3,800 per sq.ft (2024)
- T.M.P. Nagar Chruch Street: Rs 5,500 per sq.ft (2024)
- T.M.P. Nagar Gandhi Street: Rs 3,800 per sq.ft (2024)
Stamp duty and registration fee for property in T.M.P. Nagar Anna Street
For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value would be Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, while the registration fee at 2% would be Rs 1,10,000, bringing the total to Rs 4,95,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
You can use the stamp duty and registration fee calculator for more precise calculations.
Which Sub Registrar Office covers T.M.P. Nagar Anna Street?
The Sub Registrar Office that covers T.M.P. Nagar Anna Street is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for further assistance.
How the guideline value is used when you buy or sell in Mugappair
The guideline value is an important factor in the registration of property transactions in Mugappair. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value helps both parties understand the value of the property in question. It is crucial for buyers to be aware of the guideline value to ensure they are paying a fair price and for sellers to set an appropriate selling price based on this value.
Frequently asked questions
What is the current guideline value of T.M.P. Nagar Anna Street?
The current guideline value of T.M.P. Nagar Anna Street is Rs 5,500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 364 per sq.ft in 2002 to Rs 5,500 per sq.ft in 2024, marking an overall increase of 1411% over this period.
What is the land classification for T.M.P. Nagar Anna Street?
The land classification for T.M.P. Nagar Anna Street is Residential Class I Type - I.
Where can I find the Sub Registrar Office for T.M.P. Nagar Anna Street?
The Sub Registrar Office for T.M.P. Nagar Anna Street is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.
How is the stamp duty calculated for property in T.M.P. Nagar Anna Street?
The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 55,00,000 would incur a stamp duty of Rs 3,85,000.
Ask the records, or walk the map.
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