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Guideline Value

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Guideline Value for T.P. Chathiram East 28th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram East 28th 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 East 28th Street

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T.P. Chathiram East 28th Street guideline value

The current guideline value of T.P. Chathiram East 28th 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 East 28th Street has changed

The guideline value for T.P. Chathiram East 28th Street has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 1,000 per sq.ft. This increased significantly to Rs 3,500 per sq.ft in 2012, marking a rise of 250%. However, it then dropped to Rs 2,345 per sq.ft in 2017, a decrease of 33%. The value then rose again to Rs 3,500 per sq.ft in 2023, followed by a further increase to Rs 3,800 per sq.ft in 2024, which is a 9% rise from the previous year. The register has no figure for this street in 2002 and 2003.

Overall, from 2007 to 2024, the guideline value has increased by 280%. The changes between the revisions show a complex history of fluctuations, with notable increases and decreases that reflect the evolving real estate landscape in the area.

Guideline values in Aminjikarai

Aminjikarai has 99 streets under the AnnaNagar SRO, with guideline values ranging from Rs 3,300 to Rs 16,500 per sq.ft as of 2024. The median value for these streets is Rs 4,400 per sq.ft, placing T.P. Chathiram East 28th Street's 2024 figure below that median.

Stamp duty and registration fee for property in T.P. Chathiram East 28th 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, and the registration fee at 2% would be Rs 76,000, resulting in a total of 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.

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

Which Sub Registrar Office covers T.P. Chathiram East 28th Street?

The Sub Registrar Office that covers T.P. Chathiram East 28th 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 additional details.

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

The guideline value plays a crucial role in real estate transactions in Aminjikarai. When you buy or sell property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction. This ensures that the government receives the correct revenue based on the property's assessed value.

Understanding the guideline value is essential for both buyers and sellers, as it helps in calculating the costs associated with property transactions. It is advisable to consult the latest figures to ensure compliance with the current regulations.

Frequently asked questions

What is the current guideline value of T.P. Chathiram East 28th Street?

The current guideline value of T.P. Chathiram East 28th 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 for streets in Aminjikarai is Rs 4,400 per sq.ft, with T.P. Chathiram East 28th Street's 2024 figure being below this median.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in T.P. Chathiram East 28th Street is charged at 7% of the guideline value or the sale price, whichever is higher.

Where can I find my Sub Registrar Office?

The AnnaNagar Sub Registrar Office covers T.P. Chathiram East 28th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. You can find more details through the provided link.