Guideline Value

Corporate

Guideline Value for T.P. Chathiram 14,16th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 14,16th Street in Aminjikarai village (Annanagar SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aminjikarai

Village

AnnaNagar

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /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.p. Chathiram 14,16th Street

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T.P. Chathiram 14,16th Street guideline value

The current guideline value for T.P. Chathiram 14,16th Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village under the AnnaNagar SRO and is classified as Residential Class III Type - II.

How the guideline value of T.P. Chathiram 14,16th Street has changed

The guideline value for T.P. Chathiram 14,16th Street has seen several revisions over the years. Starting from the 2007 revision, the value was Rs 1,000 per sq.ft. This increased significantly to Rs 3,500 per sq.ft in the 2012 revision, marking a 250% rise. However, the value saw a decrease to Rs 2,345 per sq.ft in the 2017 revision, which was a drop of 33% from the previous figure. The 2023 revision set the value at Rs 3,500 per sq.ft, and the most recent 2024 revision raised it to Rs 3,800 per sq.ft, reflecting a 9% increase.

There are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 280%.

Guideline values in Aminjikarai

Aminjikarai has a range of guideline values across its 99 streets under the AnnaNagar SRO, with the 2024 figures ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, indicating that T.P. Chathiram 14,16th Street's 2024 figure is below this median.

Stamp duty and registration fee for property in T.P. Chathiram 14,16th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.P. Chathiram 14,16th Street?

The Sub Registrar Office that covers T.P. Chathiram 14,16th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value serves as a benchmark for property transactions in Aminjikarai. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the government registry.

Buyers and sellers should be aware that the guideline value may differ from the actual sale price. The registration process will require payment of stamp duty based on the higher of the two values, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 14,16th Street?

The current guideline value of T.P. Chathiram 14,16th Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2007 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 280% over the years.

What is the median guideline value in Aminjikarai?

The median guideline value in Aminjikarai is Rs 4,400 per sq.ft for 2024, which is higher than the current value of T.P. Chathiram 14,16th Street.

What are the stamp duty rates for properties in T.P. Chathiram 14,16th Street?

The stamp duty for properties in T.P. Chathiram 14,16th Street is charged at 7% of the guideline value or sale price, whichever is higher.

Which office handles registrations for T.P. Chathiram 14,16th Street?

The AnnaNagar Sub Registrar Office handles registrations for T.P. Chathiram 14,16th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.