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Guideline Value

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Guideline Value for T.P. Chathiram West Side 25th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram West Side 25th 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 25th Street

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T.P. Chathiram West Side 25th Street guideline value

The current guideline value for T.P. Chathiram West Side 25th 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, classified as Residential Class III Type - II.

How the guideline value of T.P. Chathiram West Side 25th Street has changed

The guideline value for T.P. Chathiram West Side 25th Street has undergone several revisions over the years. The earliest recorded revision in 2002 set the value at Rs 355 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2007, marking a 182% rise. In 2012, the value was revised to Rs 3,500 per sq.ft, which was a substantial increase of 250% from the previous figure. However, the value saw a decrease of 33% in 2017, settling at Rs 2,345 per sq.ft. The next revision in 2023 raised the value to Rs 3,500 per sq.ft, and the most recent revision in 2024 has set the value at Rs 3,800 per sq.ft, reflecting a 9% increase from the previous year.

There is no recorded guideline value for T.P. Chathiram West Side 25th Street in 2003. 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, which means that T.P. Chathiram West Side 25th Street's 2024 figure is below this median.

Stamp duty and registration fee for property in T.P. Chathiram West Side 25th 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, bringing the total cost for these fees 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 West Side 25th Street?

The T.P. Chathiram West Side 25th Street falls under the jurisdiction of the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor when registering property transactions in Aminjikarai. It serves as a basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official value set by the authorities.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property, which can influence negotiations and final sale prices. It is essential to be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value for T.P. Chathiram West Side 25th Street?

The current guideline value for T.P. Chathiram West Side 25th 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 seen significant changes, starting from Rs 355 per sq.ft in 2002 and rising to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 970%.

What is the stamp duty for property in T.P. Chathiram West Side 25th Street?

The stamp duty for property in T.P. Chathiram West Side 25th Street is calculated at 7% of the guideline value or sale price, whichever is higher.

Which office handles registrations for T.P. Chathiram West Side 25th Street?

The AnnaNagar Sub Registrar Office handles registrations for T.P. Chathiram West Side 25th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the land classification for T.P. Chathiram West Side 25th Street?

T.P. Chathiram West Side 25th Street is classified as Residential Class III Type - II, indicating its suitability for residential purposes.