Guideline Value

Corporate

Guideline Value for T.N.G.O. Colony 3rd Street

₹4400/sq.ft.

The guideline value for T.n.g.o. Colony 3rd 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 3rd Street

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T.N.G.O. Colony 3rd Street guideline value

The current guideline value of T.N.G.O. Colony 3rd Street in Thalakanancherry village is Rs 4,400 per sq.ft, effective from 1 July 2024. This property falls under the Alandur SRO and is classified as Residential Class I Type - II.

How the guideline value of T.N.G.O. Colony 3rd Street has changed

The guideline value for T.N.G.O. Colony 3rd Street has seen several revisions over the years. In 2007, the guideline value was Rs 1,700 per sq.ft, which increased to Rs 4,000 per sq.ft in 2012, marking a significant rise of 135%. However, this value decreased by 33% to Rs 2,680 per sq.ft in 2017. Following that, the guideline value surged by 49% to Rs 4,000 per sq.ft in 2023, and currently stands at Rs 4,400 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 159%.

Guideline values in Thalakanancherry

In Thalakanancherry, there are 318 streets under the Alandur SRO with a 2024 guideline value ranging from Rs 2,200 to Rs 5,500 per sq.ft. The median guideline value is Rs 3,900 per sq.ft, placing T.N.G.O. Colony 3rd Street above this median.

Stamp duty and registration fee for property in T.N.G.O. Colony 3rd 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 cost for these fees 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 further calculations.

Which Sub Registrar Office covers T.N.G.O. Colony 3rd Street?

The T.N.G.O. Colony 3rd 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 more information.

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

The guideline value is a crucial factor when registering property transactions in Thalakanancherry. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted fairly and transparently.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential for the legal transfer of property ownership. This ensures that both buyers and sellers are aware of the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of T.N.G.O. Colony 3rd Street?

The current guideline value of T.N.G.O. Colony 3rd 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, reflecting an overall increase of 159% over the years.

What is the stamp duty for property in T.N.G.O. Colony 3rd Street?

The stamp duty for a property valued at Rs 44,00,000 in T.N.G.O. Colony 3rd Street would be Rs 3,08,000 at a rate of 7%.

Which office handles property registration for T.N.G.O. Colony 3rd Street?

The Alandur Sub Registrar Office handles property registration for T.N.G.O. Colony 3rd Street, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

What is the significance of the guideline value?

The guideline value is used to determine the minimum value for property registration and is essential for calculating stamp duty and registration fees during property transactions.