Guideline Value

Corporate

Guideline Value for T.P. Chathiram 22nd Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 22nd 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 22nd Street

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T.P. Chathiram 22nd Street guideline value

The current guideline value for T.P. Chathiram 22nd Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village and falls under the AnnaNagar SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of T.P. Chathiram 22nd Street has changed

Over the years, the guideline value of T.P. Chathiram 22nd Street has seen several revisions. The 2007 revision recorded a guideline value of Rs 1,000 per sq.ft, which increased significantly to Rs 3,500 per sq.ft in 2012. However, this value dropped to Rs 2,345 per sq.ft in 2017 before rising to Rs 3,500 per sq.ft in 2023. The latest revision in 2024 has set the value at Rs 3,800 per sq.ft, marking a 9% increase from the previous year.

In total, from the 2007 revision to the 2024 revision, the guideline value has increased by 280%. The revisions for the years 2002 and 2003 do not have any figures listed for this street in the register.

Guideline values in Aminjikarai

Aminjikarai has a total of 99 streets under the AnnaNagar SRO, with guideline values ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median guideline value in this area is Rs 4,400 per sq.ft, indicating that T.P. Chathiram 22nd Street's 2024 figure is below that median.

Stamp duty and registration fee for property in T.P. Chathiram 22nd Street

For a 1,000 sq.ft plot at the current rate of Rs 3,800 per sq.ft, the guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be 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 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 detailed calculations.

Which Sub Registrar Office covers T.P. Chathiram 22nd Street?

The Sub Registrar Office that covers T.P. Chathiram 22nd 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 information.

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

The guideline value is an important factor when registering property transactions in Aminjikarai. It serves as a benchmark for determining the minimum value of a property for registration purposes, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are necessary for completing the registration process. This ensures transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 22nd Street?

The current guideline value of T.P. Chathiram 22nd 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, marking an 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, which is higher than the current value of T.P. Chathiram 22nd Street.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the guideline value.

Where is the AnnaNagar Sub Registrar Office located?

The AnnaNagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.