Guideline Value

Corporate

Guideline Value for U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253

₹12600/sq.ft.

The guideline value for U- Block, 6th Main Road 4049, 4112, 4120, 4179 To 4182, 4253 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, 6th Main Road 4049, 4112, 4120, 4179 To 4182, 4253

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U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253 guideline value

The current guideline value for U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253 is Rs 12,600 per sq.ft, effective from 1 July 2024. This property is located in Mullam village under the AnnaNagar SRO and is classified as Residential Special Type - I.

How the guideline value of U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253 has changed

Starting from the 2007 revision, the guideline value was Rs 11,000 per sq.ft. It increased by 5% to Rs 11,500 per sq.ft in 2012. However, in 2017, it decreased significantly by 33% to Rs 7,705 per sq.ft. The value then rose by 49% to Rs 11,500 per sq.ft in 2023. The most recent revision in 2024 saw a further increase of 10%, bringing the guideline value to Rs 12,600 per sq.ft.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 15%.

Guideline values in Mullam

In Mullam, there are 119 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,900 per sq.ft, with a median of Rs 11,500 per sq.ft. The guideline value for U- Block, 6th Main Road is above this median.

Stamp duty and registration fee for property in U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,26,00,000. The stamp duty at 7% would be Rs 8,82,000, and the registration fee at 2% would be Rs 2,52,000, totaling 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 precise calculations.

Which Sub Registrar Office covers U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253?

The U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253 is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By 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 during property registration in Mullam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the correct revenue based on the property's value.

Frequently asked questions

What is the current guideline value for U- Block, 6th Main Road?

The current guideline value for U- Block, 6th Main Road 4049, 4112, 4120, 4179 to 4182, 4253 is Rs 12,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 11,000 per sq.ft in 2007, decreasing to Rs 7,705 per sq.ft in 2017, and then increasing to Rs 12,600 per sq.ft by 2024.

What is the land classification for this area?

The land classification for U- Block, 6th Main Road is Residential Special Type - I, indicating its designated use for residential purposes.

Where can I find the registration office for this property?

The registration office for U- Block, 6th Main Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is 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, on a property with a guideline value of Rs 1,26,00,000, the stamp duty would be Rs 8,82,000 at 7%.