Guideline Value for ABDUL KALAM NAGAR ANNEUX-I

Abdul Kalam Nagar Anneux-I guideline value

The current guideline value for Abdul Kalam Nagar Anneux-I is Rs 400 per sq.ft. This area is located in Kattupakkam village, under the Gooduvancheri SRO, and is classified as Residential Class I Type - I.

How the guideline value of Abdul Kalam Nagar Anneux-I has changed

The guideline value for Abdul Kalam Nagar Anneux-I has seen several revisions over the years. In 2012, the guideline value was set at Rs 400 per sq.ft, which remained unchanged in the subsequent revision in 2017, where it was Rs 268 per sq.ft. The value increased significantly to Rs 400 per sq.ft in the 2023 revision and has remained the same in the 2024 revision, showing a 0% change from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has remained at Rs 400 per sq.ft.

The changes between revisions indicate a 49% increase from 2017 to 2023, while there was a decrease of 33% from 2012 to 2017. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattupakkam

In Kattupakkam, there are 27 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 1,500 per sq.ft, with a median value of Rs 500 per sq.ft. The guideline value for Abdul Kalam Nagar Anneux-I is below this median.

• Amman Avenue: Rs 500 per sq.ft (2024)
• Arulmigu Mupathamman Nagar: Rs 450 per sq.ft (2024)
• Dalmia Nagar: Rs 500 per sq.ft (2024)
• Dr.Abdul Kalam Nagar: Rs 400 per sq.ft (2024)
• Ishwarya Avenue: Rs 500 per sq.ft (2024)
• Ishwarya Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Abdul Kalam Nagar Anneux-I

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Abdul Kalam Nagar Anneux-I?

The Sub Registrar Office that covers Abdul Kalam Nagar Anneux-I is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kattupakkam

The guideline value is a crucial factor in the property registration process in Kattupakkam. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of property. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is sold, the registration office uses the guideline value to calculate the necessary fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected based on the established guideline value.

Frequently asked questions

What is the current guideline value for Abdul Kalam Nagar Anneux-I?

The current guideline value for Abdul Kalam Nagar Anneux-I is Rs 400 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft in the 2012, 2023, and 2024 revisions, while it was Rs 268 per sq.ft in 2017. There was a 49% increase from 2017 to 2023.

What is the land classification of Abdul Kalam Nagar Anneux-I?

Abdul Kalam Nagar Anneux-I is classified as Residential Class I Type - I.

Where can I find the registration office for Abdul Kalam Nagar Anneux-I?

The registration office is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the stamp duty calculated for property in Abdul Kalam Nagar Anneux-I?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 at 7%.