Guideline Value

Corporate

Guideline Value for U- Block, 4th Main Road 4049 to 4064

₹12600/sq.ft.

The guideline value for U- Block, 4th Main Road 4049 To 4064 in Mullam village (Annanagar SRO, Chennai zone) is Rs 12600 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mullam

Village

AnnaNagar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12600 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹11000 /sq.ft.
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)

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 U- Block, 4th Main Road 4049 To 4064

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U- Block, 4th Main Road 4049 to 4064 guideline value

The current guideline value for U- Block, 4th Main Road 4049 to 4064 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Mullam village, under the jurisdiction of AnnaNagar SRO, and is classified as Residential Special Type - I.

How the guideline value of U- Block, 4th Main Road 4049 to 4064 has changed

In the 2017 revision, the guideline value was Rs 7,705 per sq.ft. This figure saw a significant increase to Rs 11,500 per sq.ft in the 2023 revision, marking a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 12,600 per sq.ft, which is a 10% increase from the previous year. The register has no figure for this street in 2002 and 2003.

Prior to the 2017 revision, the guideline value was Rs 11,500 per sq.ft in 2012, which was a decrease of 33% from Rs 11,000 per sq.ft in 2007. Overall, from 2007 to 2024, the guideline value has increased by 15%.

Guideline values in Mullam

Mullam village has 119 streets under the AnnaNagar SRO, with guideline values ranging from Rs 4,400 to Rs 15,900 per sq.ft. The median guideline value is Rs 11,500 per sq.ft, placing U- Block, 4th Main Road 4049 to 4064 above this median.

Stamp duty and registration fee for property in U- Block, 4th Main Road 4049 to 4064

For a 1,000 sq.ft plot at the current guideline value of Rs 12,600 per sq.ft, the total guideline value would be Rs 1,26,00,000. The stamp duty at 7% would amount to Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, bringing the total to Rs 11,34,000. 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 U- Block, 4th Main Road 4049 to 4064?

The U- Block, 4th Main Road 4049 to 4064 falls under 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 Mullam

The guideline value is a crucial factor in property transactions in Mullam. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the state receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees. These costs are based on the higher of the guideline value or the sale price, which ensures that the transaction is fairly taxed.

Frequently asked questions

What is the current guideline value for U- Block, 4th Main Road 4049 to 4064?

The current guideline value for U- Block, 4th Main Road 4049 to 4064 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 11,000 per sq.ft to Rs 12,600 per sq.ft in 2024, reflecting a 15% overall increase. Significant changes include a 49% rise from Rs 7,705 per sq.ft in 2017 to Rs 11,500 per sq.ft in 2023.

What is the land classification for this area?

The land classification for U- Block, 4th Main Road 4049 to 4064 is Residential Special Type - I, indicating its designation for residential purposes within the locality.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office covering U- Block, 4th Main Road 4049 to 4064 is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 1,26,00,000 would incur a stamp duty of Rs 8,82,000 at the rate of 7%.