Guideline Value

Corporate

Guideline Value for T.P. Chathiram 5th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 5th 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 5th Street

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T.P. Chathiram 5th Street guideline value

The current guideline value of T.P. Chathiram 5th 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 5th Street has changed

The guideline value for T.P. Chathiram 5th Street has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 355 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2007, marking a 182% rise. The value then rose to Rs 3,500 per sq.ft in 2012, which was a 250% increase from the previous revision. However, it decreased to Rs 2,345 per sq.ft in 2017, reflecting a decline of 33%. The value climbed again to Rs 3,500 per sq.ft in 2023, and finally reached Rs 3,800 per sq.ft in 2024, showing a 9% increase from the previous year.

It is important to note that there is no figure available for the 2003 revision for T.P. Chathiram 5th Street. 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. The median guideline value in this area is Rs 4,400 per sq.ft, indicating that T.P. Chathiram 5th Street's 2024 figure is below this median.

Stamp duty and registration fee for property in T.P. Chathiram 5th 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 be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total cost together 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.P. Chathiram 5th Street?

The Sub Registrar Office that covers T.P. Chathiram 5th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By 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 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 buyers and sellers are aware of the official valuation set by the government.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that all transactions are conducted fairly and transparently, adhering to the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 5th Street?

The current guideline value of T.P. Chathiram 5th 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 355 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting a significant increase 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 guideline value of T.P. Chathiram 5th Street.

What are the stamp duty and registration fees for property in T.P. Chathiram 5th Street?

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

Which office do I need to visit for registration in T.P. Chathiram 5th Street?

The registration for T.P. Chathiram 5th Street is handled by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.