Guideline Value

Corporate

Guideline Value for T.N.G.O. Colony 1st Street

₹4400/sq.ft.

The guideline value for T.n.g.o. Colony 1st Street in Thalakanancherry village (Alandur 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

Thalakanancherry

Village

Alandur

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 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1700 /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)

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 T.n.g.o. Colony 1st Street

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T.N.G.O. Colony 1st Street guideline value

The current guideline value of T.N.G.O. Colony 1st Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Thalakanancherry village under the Alandur SRO, and it falls under the Residential Class I Type - II land classification.

How the guideline value of T.N.G.O. Colony 1st Street has changed

The guideline value for T.N.G.O. Colony 1st Street has undergone several revisions over the years. In the 2007 revision, the guideline value was Rs 1,700 per sq.ft. This saw a significant increase in the 2012 revision, where it rose to Rs 4,000 per sq.ft, marking a 135% increase. However, in the 2017 revision, the value decreased to Rs 2,680 per sq.ft, a drop of 33%. The value then increased to Rs 4,000 per sq.ft in the 2023 revision, followed by a further rise to Rs 4,400 per sq.ft in the 2024 revision, which is a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 159%. The register has no figures for T.N.G.O. Colony 1st Street for the years 2002 and 2003.

Guideline values in Thalakanancherry

In Thalakanancherry, there are 318 streets under the Alandur SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 3,900 per sq.ft, placing T.N.G.O. Colony 1st Street's 2024 figure above that median.

Stamp duty and registration fee for property in T.N.G.O. Colony 1st Street

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 the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers T.N.G.O. Colony 1st Street?

The T.N.G.O. Colony 1st Street falls under the jurisdiction of 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 further assistance.

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

The guideline value plays a crucial role in property transactions in Thalakanancherry. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration. Buyers and sellers should be aware of the current guideline value to ensure they comply with the legal requirements during the transaction process.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. It acts as a benchmark for assessing the value of properties in the area, which is essential for both buyers and sellers to understand their financial obligations.

Frequently asked questions

What is the current guideline value of T.N.G.O. Colony 1st Street?

The current guideline value of T.N.G.O. Colony 1st Street 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 changed from Rs 1,700 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 159% over the years.

What is the stamp duty for property in T.N.G.O. Colony 1st Street?

The stamp duty for property in T.N.G.O. Colony 1st Street is 7% of the guideline value or sale price, whichever is higher.

Where is the Alandur Sub Registrar Office located?

The Alandur Sub Registrar Office is located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

What are the other streets in Thalakanancherry with the same guideline value?

Other streets in Thalakanancherry with the same guideline value of Rs 4,400 per sq.ft include T.N.G.O. Colony 2nd Main Road, T.N.G.O. Colony 1st Main Road, T.N.G.O. Colony 2nd Street, T.N.G.O. Colony 3rd Main Road, T.N.G.O. Colony 3rd Street, and T.N.G.O. Colony 4th Main Road.