Guideline Value for ANNAI ABIRAMI NAGAR

Annai Abirami Nagar guideline value

The current guideline value of Annai Abirami Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This locality is situated in Thadaperumbakkam_2 village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Annai Abirami Nagar has changed

The guideline value for Annai Abirami Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 300 per sq.ft, which is unchanged from the 2023 revision. Prior to that, in 2017, the guideline value was Rs 134 per sq.ft, marking a significant increase of 124% from 2017 to 2023 and an overall increase of 124% from 2017 to 2024. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thadaperumbakkam_2

In Thadaperumbakkam_2, there are 23 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 600 per sq.ft, with the median value being Rs 300 per sq.ft. Annai Abirami Nagar's 2024 figure aligns with this median.

• Annamalai Nagar: Rs 300 per sq.ft (2024)
• A.G.M. Green Garden: Rs 300 per sq.ft (2024)
• Aarumuga Mudaliyar Nagar Extention: Rs 600 per sq.ft (2024)
• Bharath Nagar: Rs 300 per sq.ft (2024)
• Chennai City: Rs 400 per sq.ft (2024)
• Devaki Green Garden: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Abirami Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Abirami Nagar?

The Sub Registrar Office that covers Annai Abirami 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 Thadaperumbakkam_2

The guideline value plays a crucial role during the registration of property transactions in Thadaperumbakkam_2. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than the negotiated sale price.

When buying or selling property, it is essential to be aware of the guideline value, as it directly impacts the financial obligations during the registration process. Buyers should ensure that they are prepared for these costs, which are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Annai Abirami Nagar?

The current guideline value of Annai Abirami Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2023 to 2024. It increased from Rs 134 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, marking a 124% increase.

What is the land classification of Annai Abirami Nagar?

Annai Abirami Nagar is classified as Residential Class II Type - I.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is stamp duty calculated in Annai Abirami Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000, leading to a stamp duty of Rs 21,000.