Guideline Value

Corporate

Guideline Value for T.P. Chathiram 18th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 18th 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 ₹355 /sq.ft.
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 18th Street

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T.P. Chathiram 18th Street guideline value

The current guideline value of T.P. Chathiram 18th 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 18th Street has changed

Over the years, the guideline value for T.P. Chathiram 18th Street has seen several revisions. The earliest recorded value in the register is from 2002, which was Rs 355 per sq.ft. This figure increased significantly to Rs 1,000 per sq.ft in 2007, marking a 182% rise. In 2012, the value adjusted to Rs 3,500 per sq.ft, which was a decrease of 33% from the previous revision. The guideline value then rose to Rs 2,345 per sq.ft in 2017, reflecting a 49% increase. The most recent revision in 2023 set the value at Rs 3,500 per sq.ft, before the current rate of Rs 3,800 per sq.ft effective from 1 July 2024, which is a 9% increase.

It is important to note that there is no figure available for T.P. Chathiram 18th Street in the 2003 revision. Overall, from 2002 to 2024, the guideline value has increased by 970%.

Guideline values in Aminjikarai

Aminjikarai village has a total of 99 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 16,500 per sq.ft, with a median value of Rs 4,400 per sq.ft. The guideline value for T.P. Chathiram 18th Street is below this median.

Stamp duty and registration fee for property in T.P. Chathiram 18th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, while the registration fee at 2% would be Rs 76,000, leading to a total of Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.P. Chathiram 18th Street?

The Sub Registrar Office that covers T.P. Chathiram 18th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Aminjikarai, as it is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements and to accurately calculate the associated costs.

When a property is sold, the guideline value is often considered the minimum value for taxation purposes. If the sale price exceeds the guideline value, the stamp duty is charged based on the higher amount, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 18th Street?

The current guideline value of T.P. Chathiram 18th 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 significantly from Rs 355 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 970% over the years.

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

Other streets in Aminjikarai that share the same guideline value of Rs 3,800 per sq.ft in 2024 include T.P. Chathiram 17th Street, T.P. Chathiram 20th Street, T.P. Chathiram 14,16th Street, T.P. Chathiram 22nd Street, T.P. Chathiram 12th Street, and T.P. Chathiram 23rd Street.

What is the stamp duty rate for properties in T.P. Chathiram 18th Street?

The stamp duty rate for properties in T.P. Chathiram 18th Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for T.P. Chathiram 18th Street?

The Sub Registrar Office for T.P. Chathiram 18th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.