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Guideline Value

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Guideline Value for THANTHAI PERIYAR NAGAR - Anna Salai

₹2200/sq.ft.

The guideline value for Thanthai Periyar Nagar - Anna Salai in Nerkundram village (Virugambakkam SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nerkundram

Village

Virugambakkam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹111 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹100 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thanthai Periyar Nagar - Anna Salai

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THANTHAI PERIYAR NAGAR - Anna Salai guideline value

The current guideline value of THANTHAI PERIYAR NAGAR - Anna Salai is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Nerkundram village and falls under the Virugambakkam SRO. The land classification for this street is Residential Class IV Type - I.

How the guideline value of THANTHAI PERIYAR NAGAR - Anna Salai has changed

The guideline value for THANTHAI PERIYAR NAGAR - Anna Salai has seen significant changes over the years. In 2002, the guideline value was Rs 100 per sq.ft, which increased to Rs 111 per sq.ft in 2003. The value then rose to Rs 300 per sq.ft in 2007, followed by a substantial jump to Rs 2,000 per sq.ft in 2012. However, it decreased to Rs 1,340 per sq.ft in 2017. The value increased again to Rs 2,000 per sq.ft in 2023 before reaching the current figure of Rs 2,200 per sq.ft in 2024.

From 2017 to 2023, the increase was 49%, while the jump from 2012 to 2017 was a decrease of 33%. Notably, the rise from 2007 to 2012 was 567%, and from 2003 to 2007, it was 170%. Overall, from 2002 to 2024, the guideline value has increased by 2100%.

Guideline values in Nerkundram

Nerkundram has a total of 476 streets under the Virugambakkam SRO, with guideline values ranging from Rs 1,650 to Rs 6,600 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, which is equal to the current value for THANTHAI PERIYAR NAGAR - Anna Salai.

Stamp duty and registration fee for property in THANTHAI PERIYAR NAGAR - Anna Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, while the registration fee at 2% would be Rs 44,000, bringing the total cost to Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers THANTHAI PERIYAR NAGAR - Anna Salai?

The Sub Registrar Office that covers THANTHAI PERIYAR NAGAR - Anna Salai is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

When buying or selling property in Nerkundram, the guideline value is an essential factor during the registration process. It serves as a benchmark for determining the stamp duty and registration fees that must be paid, ensuring that the transaction is recorded accurately in the official records.

Frequently asked questions

What is the current guideline value of THANTHAI PERIYAR NAGAR - Anna Salai?

The current guideline value of THANTHAI PERIYAR NAGAR - Anna Salai is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed significantly, starting from Rs 100 per sq.ft in 2002 to the current value of Rs 2,200 per sq.ft in 2024. The most notable increase occurred from 2007 to 2012, where it rose by 567%.

What is the median guideline value in Nerkundram?

The median guideline value for streets in Nerkundram is Rs 2,200 per sq.ft, which is the same as the current value for THANTHAI PERIYAR NAGAR - Anna Salai.

What are the stamp duty and registration fees for property in THANTHAI PERIYAR NAGAR - Anna Salai?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for THANTHAI PERIYAR NAGAR - Anna Salai?

The Virugambakkam Sub Registrar Office handles registrations for THANTHAI PERIYAR NAGAR - Anna Salai, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.