Guideline Value

Corporate

Guideline Value for T.P. Chathiram 23rd Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 23rd 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 23rd Street

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T.P. Chathiram 23rd Street guideline value

The current guideline value of T.P. Chathiram 23rd 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 23rd Street has changed

Over the years, the guideline value of T.P. Chathiram 23rd Street has seen several revisions. The earliest available figure is from 2007, where the guideline value was Rs 1,000 per sq.ft. This increased significantly to Rs 3,500 per sq.ft in 2012, marking a 250% rise. However, it then decreased to Rs 2,345 per sq.ft in 2017, which was a 33% drop. The value then rose again to Rs 3,500 per sq.ft in 2023, and most recently to Rs 3,800 per sq.ft in 2024, reflecting a 9% increase.

There are no figures available for the revisions in 2002 and 2003 for this street. From 2017 to 2023, the guideline value increased by 49%, and overall, from 2007 to 2024, it has risen by 280%.

Guideline values in Aminjikarai

Aminjikarai features a range of guideline values across its 99 streets under the AnnaNagar SRO, with figures for 2024 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 23rd Street's 2024 figure is below that median.

Stamp duty and registration fee for property in T.P. Chathiram 23rd 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 and the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers T.P. Chathiram 23rd Street?

The Sub Registrar Office that covers T.P. Chathiram 23rd Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. For more information, you can find your SRO.

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

The guideline value is a crucial factor during property registration in Aminjikarai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair.

When buying or selling property, the guideline value impacts the stamp duty and registration fees that must be paid. Buyers should be aware that the duty is calculated based on the higher of the guideline value or the actual sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 23rd Street?

The current guideline value of T.P. Chathiram 23rd Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 1,000 per sq.ft to Rs 3,800 per sq.ft in 2024, reflecting a total increase of 280% over this period.

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 23rd Street.

What are the stamp duty and registration fees for a property in T.P. Chathiram 23rd Street?

For a property valued at Rs 38,00,000, the stamp duty would be Rs 2,66,000, and the registration fee would be Rs 76,000, totaling Rs 3,42,000.

Which office handles registrations for T.P. Chathiram 23rd Street?

The AnnaNagar Sub Registrar Office handles registrations for T.P. Chathiram 23rd Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.