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Guideline Value

Corporate

Guideline Value for Thillai Ganga Nagar 6th main road

₹5000/sq.ft.

The guideline value for Thillai Ganga Nagar 6th 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 N/A
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)

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 6th Main Road

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Thillai Ganga Nagar 6th main road guideline value

The current guideline value of Thillai Ganga Nagar 6th main road is Rs 5,000 per sq.ft, effective from 1 July 2024. This road 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 6th main road has changed

Looking at the revisions, the guideline value for Thillai Ganga Nagar 6th main road has seen several changes over the years. In 2012, the value was Rs 4,500 per sq.ft, which then decreased to Rs 3,015 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 4,500 per sq.ft. The most recent revision in 2024 has increased the guideline value to Rs 5,000 per sq.ft, marking an 11% rise from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Adambakkam

In Adambakkam, there are 569 streets under the Alandur SRO that carry a 2024 guideline value, ranging from Rs 2,800 to Rs 11,000 per sq.ft. The median value in this area is Rs 3,900 per sq.ft, making the 2024 figure for Thillai Ganga Nagar 6th main road above the median.

Stamp duty and registration fee for property in Thillai Ganga Nagar 6th 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. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate estimates.

Which Sub Registrar Office covers Thillai Ganga Nagar 6th main road?

The Sub Registrar Office that covers Thillai Ganga Nagar 6th 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 during the registration of property transactions in Adambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is used to assess the transaction value, ensuring that the appropriate taxes are collected based on the higher of the guideline value or the actual sale price.

Frequently asked questions

What is the current guideline value of Thillai Ganga Nagar 6th main road?

The current guideline value of Thillai Ganga Nagar 6th 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 from Rs 4,500 per sq.ft in 2012 to Rs 3,015 per sq.ft in 2017, then back to Rs 4,500 per sq.ft in 2023, and finally to Rs 5,000 per sq.ft in 2024.

What is the land classification for Thillai Ganga Nagar 6th main road?

Thillai Ganga Nagar 6th main road is classified as Residential Class I Type - I.

Where can I find the registration office for this area?

The registration office for Thillai Ganga Nagar 6th main road is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

How is stamp duty calculated for properties in Thillai Ganga Nagar 6th main road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 50,00,000, the stamp duty at 7% would be Rs 3,50,000.