Guideline Value

Corporate

Guideline Value for T.N.G.O. Colony 6th Main Road

₹4400/sq.ft.

The guideline value for T.n.g.o. Colony 6th Main Road 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 6th Main Road

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T.N.G.O. Colony 6th Main Road guideline value

The current guideline value for T.N.G.O. Colony 6th Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Thalakanancherry village under the Alandur SRO and is classified as Residential Class I Type - II.

How the guideline value of T.N.G.O. Colony 6th Main Road has changed

The guideline value for T.N.G.O. Colony 6th Main Road has undergone several revisions over the years. The 2007 revision set the value at Rs 1,700 per sq.ft, which increased to Rs 4,000 per sq.ft in 2012, reflecting a significant rise of 135%. However, the value decreased to Rs 2,680 per sq.ft in 2017, marking a decline of 33%. The subsequent revision in 2023 brought the value to Rs 4,000 per sq.ft, followed by a 10% increase to the current rate of Rs 4,400 per sq.ft in 2024.

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%, showcasing the fluctuations in the property valuation over the years.

Guideline values in Thalakanancherry

In Thalakanancherry, there are 318 streets under the Alandur SRO with the 2024 guideline values ranging from Rs 2,200 to Rs 5,500 per sq.ft. The median value for these streets is Rs 3,900 per sq.ft, placing T.N.G.O. Colony 6th Main Road above this median.

Stamp duty and registration fee for property in T.N.G.O. Colony 6th Main Road

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, resulting in a total cost of Rs 3,96,000. 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 further assistance.

Which Sub Registrar Office covers T.N.G.O. Colony 6th Main Road?

The Sub Registrar Office that covers T.N.G.O. Colony 6th Main Road 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 Thalakanancherry

The guideline value plays a crucial role in the registration process when buying or selling property in Thalakanancherry. It serves as a benchmark for determining the value of the property, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential components of the overall transaction costs. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of T.N.G.O. Colony 6th Main Road?

The current guideline value of T.N.G.O. Colony 6th Main Road 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 land classification for T.N.G.O. Colony 6th Main Road?

T.N.G.O. Colony 6th Main Road is classified as Residential Class I Type - II under the Alandur SRO.

Where can I find the registration office for T.N.G.O. Colony 6th Main Road?

The registration office for T.N.G.O. Colony 6th Main Road 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 Thalakanancherry?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For T.N.G.O. Colony 6th Main Road, the stamp duty at the current guideline value would be Rs 3,08,000 for a 1,000 sq.ft plot.