Guideline Value

Corporate

Guideline Value for VOC Nagar main Road

₹4400/sq.ft.

The guideline value for Voc Nagar Main Road in Ayanavaram village (Annanagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayanavaram

Village

AnnaNagar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹836 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹690 /sq.ft.
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 Voc Nagar Main Road

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VOC Nagar main Road guideline value

The current guideline value of VOC Nagar main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This road is located in Ayanavaram village and falls under the AnnaNagar SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of VOC Nagar main Road has changed

The guideline value for VOC Nagar main Road has undergone several revisions over the years. The earliest recorded value was Rs 690 per sq.ft in 2002, which increased to Rs 836 per sq.ft in 2003, marking a change of +21%. Following this, the value saw a significant rise to Rs 2,400 per sq.ft in 2007, a change of +187%. The 2012 revision recorded a decrease to Rs 4,000 per sq.ft, which was a drop of -33%. The value then rose to Rs 2,680 per sq.ft in 2017, an increase of +49%. In 2023, the guideline value was Rs 4,000 per sq.ft, and it further increased to Rs 4,400 per sq.ft in 2024, reflecting a change of +10%.

It is important to note that there are no figures for the revisions between the years not listed in the register. The overall change from 2002 to 2024 is +538%.

Guideline values in Ayanavaram

Ayanavaram has a total of 369 streets under the AnnaNagar SRO, with guideline values ranging from Rs 2,700 to Rs 20,000 per sq.ft. The median value in this area is Rs 4,900 per sq.ft, indicating that the guideline value for VOC Nagar main Road is below this median.

Stamp duty and registration fee for property in VOC Nagar main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. 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 precise calculations.

Which Sub Registrar Office covers VOC Nagar main Road?

The Sub Registrar Office that covers VOC Nagar main Road is 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 Ayanavaram

The guideline value is a crucial factor in property transactions in Ayanavaram. It determines the minimum price at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

At the time of registration, the guideline value is used to calculate the stamp duty and registration fees. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of VOC Nagar main Road?

The current guideline value of VOC Nagar main Road is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 690 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of +538%.

What is the land classification for VOC Nagar main Road?

The land classification for VOC Nagar main Road is Residential Class II Type - I, indicating its suitability for residential purposes.

Where is the AnnaNagar Sub Registrar Office located?

The AnnaNagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 44,00,000, the stamp duty at 7% would be Rs 3,08,000.