Guideline Value

Corporate

Guideline Value for T.P. Chathiram Main Road

₹3800/sq.ft.

The guideline value for T.p. Chathiram Main Road 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 Main Road

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T.P. Chathiram Main Road guideline value

The current guideline value of T.P. Chathiram Main Road is Rs 3,800 per sq.ft, as per the 2024 revision effective from 1 July 2024. This road 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 Main Road has changed

Over the years, the guideline value for T.P. Chathiram Main Road has seen significant changes. In 2007, the guideline value was Rs 1,000 per sq.ft, which increased to Rs 3,500 per sq.ft in 2012, marking a substantial rise of 250%. However, from 2012 to 2017, the value decreased to Rs 2,345 per sq.ft, a drop of 33%. The value then saw a notable increase to Rs 3,500 per sq.ft in 2023, followed by a further rise to the current value of Rs 3,800 per sq.ft in 2024, which reflects a 9% increase.

From 2017 to 2023, the value rose by 49%. Overall, from 2007 to 2024, the guideline value has increased by 280%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Aminjikarai

Aminjikarai village has a range of guideline values for its streets, with 99 streets under the AnnaNagar SRO carrying a 2024 figure 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, placing T.P. Chathiram Main Road's current value below that median.

Stamp duty and registration fee for property in T.P. Chathiram Main Road

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 amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total fees together 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.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.P. Chathiram Main Road?

The Sub Registrar Office covering T.P. Chathiram Main Road 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 a crucial factor when buying or selling property in Aminjikarai, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal issues during registration. The registration office uses this value to assess the applicable fees and ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of T.P. Chathiram Main Road?

The current guideline value of T.P. Chathiram Main Road 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 land classification for T.P. Chathiram Main Road?

The land classification for T.P. Chathiram Main Road is Residential Class III Type - II.

Where can I find the registration office for T.P. Chathiram Main Road?

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

How is stamp duty calculated for properties in T.P. Chathiram Main Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 38,00,000 would incur a stamp duty of Rs 2,66,000 at a rate of 7%.