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Guideline Value

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Guideline value, street

Guideline Value for W- Block, 3rd Avenue, C-12 To C-19, S.b. Kalyana Mandapam, D.k. Kalyana Mandapam, Tnsc Bank

₹15900/sq.ft.effective 1 July 2024

Chennai zone Periakudal village AnnaNagar SRO Commercial Special Type - Ii

The guideline value for W- Block, 3rd Avenue, C-12 To C-19, S.b. Kalyana Mandapam, D.k. Kalyana Mandapam, Tnsc Bank in Periakudal village (Annanagar SRO, Chennai zone) is Rs 15900 per sq.ft, effective 1 July 2024. It was Rs 14500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹15900 /sq.ft.
From 1-4-2023 ₹14500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9715 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹13500 /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 W- Block, 3rd Avenue, C-12 To C-19, S.b. Kalyana Mandapam, D.k. Kalyana Mandapam, Tnsc Bank

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W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank guideline value

The current guideline value for W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank is Rs 15,900 per sq.ft, effective from 1 July 2024. This property is located in Periakudal village under the AnnaNagar SRO, classified as Commercial Special Type - II.

How the guideline value of W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank has changed

The guideline value has undergone several revisions over the years. In 2007, the value was Rs 13,500 per sq.ft, which increased to Rs 14,500 per sq.ft in 2012, marking a 7% rise. However, from 2012 to 2017, the value decreased significantly to Rs 9,715 per sq.ft, reflecting a drop of 33%. The 2017 revision saw a substantial increase to Rs 14,500 per sq.ft in 2023, a rise of 49%, and the current value for 2024 is Rs 15,900 per sq.ft, indicating a 10% increase from the previous year.

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 18%.

Guideline values in Periakudal

In Periakudal, there are 101 streets under the AnnaNagar SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 23,553 per sq.ft. The median value is Rs 11,500 per sq.ft, placing W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank's 2024 figure above this median.

Stamp duty and registration fee for property in W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,59,00,000. The stamp duty at 7% amounts to Rs 11,13,000, and the registration fee at 2% is Rs 3,18,000, totaling Rs 14,31,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers W- Block, 3rd Avenue, C-12 to C-19, S.B. Kalyana Mandapam, D.K. Kalyana Mandapam, TNSC Bank?

The Sub Registrar Office that covers this area 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 Periakudal

The guideline value is an essential factor in property transactions in Periakudal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded accurately for taxation purposes.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory at the time of registration. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value for W- Block, 3rd Avenue, C-12 to C-19?

The current guideline value for W- Block, 3rd Avenue, C-12 to C-19 is Rs 15,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 13,500 per sq.ft in 2007 to Rs 15,900 per sq.ft in 2024, with various increases and decreases in between, including a significant rise from 2023 to 2024 by 10%.

What is the registration office for this property?

The registration office for W- Block, 3rd Avenue, C-12 to C-19 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 guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,59,00,000, the stamp duty at 7% would be Rs 11,13,000.

What are the other streets in Periakudal?

Other streets in Periakudal include W Block, Streets at Rs 11,500 per sq.ft, V.O.C.Nagar, Main Road, G Block at Rs 12,600 per sq.ft, and several others, with values ranging up to Rs 15,900 per sq.ft.