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Guideline Value

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Guideline Value for T.P. Chathiram West Side 15th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram West Side 15th 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 West Side 15th Street

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T.P. Chathiram West Side 15th Street guideline value

The current guideline value of T.P. Chathiram West Side 15th 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 West Side 15th Street has changed

The guideline value for T.P. Chathiram West Side 15th Street has seen significant changes over the years. In 2002, the guideline value was Rs 355 per sq.ft, which increased to Rs 1,000 per sq.ft in 2007, marking a rise of 182%. By 2012, the value reached Rs 3,500 per sq.ft, reflecting a substantial increase of 250% from the previous revision. However, from 2012 to 2017, there was a decline of 33%, bringing the value down to Rs 2,345 per sq.ft. The value then increased by 49% to Rs 3,500 per sq.ft in 2023, and has now risen by 9% to the current value of Rs 3,800 per sq.ft in 2024.

It is important to note that there is no figure available for the year 2003 in the register for this 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, with 2024 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, placing T.P. Chathiram West Side 15th Street's 2024 value below the median.

Stamp duty and registration fee for property in T.P. Chathiram West Side 15th 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, making the total fees together 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 use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers T.P. Chathiram West Side 15th Street?

The Sub Registrar Office that covers T.P. Chathiram West Side 15th 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 a crucial factor during the registration of property transactions in Aminjikarai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the official valuation of properties in the locality.

Frequently asked questions

What is the current guideline value of T.P. Chathiram West Side 15th Street?

The current guideline value of T.P. Chathiram West Side 15th 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 significantly, from Rs 355 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 970% 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 West Side 15th Street.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft property, the total fees would amount to Rs 3,42,000.

Where can I find the Sub Registrar Office for T.P. Chathiram West Side 15th Street?

The Sub Registrar Office for T.P. Chathiram West Side 15th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.