Guideline Value for ANNAI ABHIRAMI NAGAR

Annai Abhirami Nagar guideline value

The current guideline value of Annai Abhirami Nagar is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Minjur village, under the Ponneri SRO, and is classified as Residential Class III Type - I.

How the guideline value of Annai Abhirami Nagar has changed

The guideline value for Annai Abhirami Nagar has seen several revisions over the years. The oldest recorded figure is from 2017, which was Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has set the value at Rs 440 per sq.ft, representing a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Minjur

In Minjur, there are 179 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,320 per sq.ft, with a median value of Rs 550 per sq.ft. Annai Abhirami Nagar's 2024 figure is below this median.

• Annai Street: Rs 440 per sq.ft (2024)
• Andal Nagar: Rs 440 per sq.ft (2024)
• Anbalagan Nagar: Rs 440 per sq.ft (2024)
• Anna Street: Rs 550 per sq.ft (2024)
• Anvitha Reddy Avenue: Rs 440 per sq.ft (2024)
• Aravind Nagar: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Abhirami Nagar

For a 1,000 sq.ft plot at the current rate of Rs 440 per sq.ft, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, making the total Rs 39,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Abhirami Nagar?

The Sub Registrar Office that covers Annai Abhirami Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Minjur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded accurately in the official registers. It is important to be aware of the current guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Annai Abhirami Nagar?

The current guideline value of Annai Abhirami Nagar is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, representing an overall increase of 64% over this period.

What are the stamp duty and registration fees for property in Annai Abhirami Nagar?

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total stamp duty and registration fees would amount to Rs 39,600.

Which Sub Registrar Office covers Annai Abhirami Nagar?

The Ponneri Sub Registrar Office covers Annai Abhirami Nagar, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

What is the land classification of Annai Abhirami Nagar?

Annai Abhirami Nagar is classified as Residential Class III Type - I, indicating its suitability for residential purposes.