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Guideline Value

Corporate

Guideline Value for Thillai Ganga Nagar 4th Main road

₹5000/sq.ft.

The guideline value for Thillai Ganga Nagar 4th Main Road in Adambakkam village (Alandur SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Adambakkam

Village

Alandur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹538 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹472 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[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 Thillai Ganga Nagar 4th Main Road

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Thillai Ganga Nagar 4th Main road guideline value

The current guideline value of Thillai Ganga Nagar 4th Main road is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Adambakkam village, under the Alandur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Thillai Ganga Nagar 4th Main road has changed

Since the 2002 revision, the guideline value has seen significant changes. In 2002, the value was Rs 472 per sq.ft, which increased to Rs 538 per sq.ft in 2003, marking a rise of 14%. The value then jumped to Rs 1,250 per sq.ft in 2007, reflecting a substantial increase of 132%. Following this, in 2012, the value was Rs 4,500 per sq.ft, showing a remarkable increase of 260% from the previous revision. However, there was a decrease to Rs 3,015 per sq.ft in 2017, which was a drop of 33% from 2012.

From 2017 to 2023, the guideline value rose to Rs 4,500 per sq.ft, indicating a significant increase of 49%. The most recent revision in 2024 set the value at Rs 5,000 per sq.ft, which is an 11% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 959%. There are no other revisions with figures for this street in the register.

Guideline values in Adambakkam

In Adambakkam, there are 569 streets under the Alandur SRO carrying a 2024 guideline value ranging from Rs 2,800 to Rs 11,000 per sq.ft, with a median value of Rs 3,900 per sq.ft. The guideline value for Thillai Ganga Nagar 4th Main road is above this median.

Stamp duty and registration fee for property in Thillai Ganga Nagar 4th Main road

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value would be Rs 50,00,000. The stamp duty at 7% would amount to Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, making the total cost Rs 4,50,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thillai Ganga Nagar 4th Main road?

The Sub Registrar Office that covers Thillai Ganga Nagar 4th Main road is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Adambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered. Buyers and sellers must be aware of the guideline value to ensure compliance with registration requirements.

When purchasing property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Thillai Ganga Nagar 4th Main road?

The current guideline value of Thillai Ganga Nagar 4th Main road is Rs 5,000 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 472 per sq.ft in 2002 to Rs 5,000 per sq.ft in 2024, showing an overall increase of 959% over the years.

What is the land classification for Thillai Ganga Nagar 4th Main road?

Thillai Ganga Nagar 4th Main road is classified as Residential Class I Type - I.

Which Sub Registrar Office covers this area?

The Alandur Sub Registrar Office covers Thillai Ganga Nagar 4th Main road, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 50,00,000, the total stamp duty and registration fees would amount to Rs 4,50,000.