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Guideline Value

Corporate

Guideline Value for ANNAI ANJUGAM NAGAR

₹1930/sq.ft.

The guideline value for Annai Anjugam Nagar in Karambakkam village (Chennai South Joint I SRO, Chennai zone) is Rs 1930 per sq.ft, effective 1 July 2024. It was Rs 1750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Karambakkam

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1930 /sq.ft.
From 1-4-2023 ₹1750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1172 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1750 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Annai Anjugam Nagar

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Annai Anjugam Nagar guideline value

The current guideline value of Annai Anjugam Nagar is Rs 1,930 per sq.ft, effective from 1 July 2024. This area is located in Karambakkam village and falls under the Chennai South Joint I SRO. The land classification for this street is Residential Class III Type - I.

How the guideline value of Annai Anjugam Nagar has changed

Over the years, the guideline value of Annai Anjugam Nagar has seen several revisions. The 2012 revision set the value at Rs 1,750 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,172 per sq.ft. However, the value increased significantly in the subsequent revisions, with the 2023 revision marking it at Rs 1,750 per sq.ft, followed by the latest revision in 2024, which raised it to Rs 1,930 per sq.ft. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

The changes between the revisions highlight a 10% increase from 2023 to 2024, and a substantial 49% increase from 2017 to 2023. The overall change from 2012 to 2024 reflects a modest 10% increase, despite the drop of 33% from 2012 to 2017.

Guideline values in Karambakkam

In Karambakkam, there are 159 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 1,930 per sq.ft, which is the same as the guideline value for Annai Anjugam Nagar. Below are the guideline values for other streets in Karambakkam:

Stamp duty and registration fee for property in Annai Anjugam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,930 per sq.ft, the total guideline value amounts to Rs 19,30,000. The stamp duty at 7% would be Rs 1,35,100, and the registration fee at 2% would be Rs 38,600, bringing the total to Rs 1,73,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Anjugam Nagar?

The Sub Registrar Office that covers Annai Anjugam Nagar is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Karambakkam. It is used to determine the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees. Buyers and sellers must consider this value when negotiating sale prices, as the registration will be based on the higher of the guideline value or the agreed sale price.

When purchasing property, it is essential to be aware of the guideline value to avoid any discrepancies during registration. The value also serves as a reference point for assessing property prices in the area, helping both buyers and sellers make informed decisions.

Frequently asked questions

What is the current guideline value of Annai Anjugam Nagar?

The current guideline value of Annai Anjugam Nagar is Rs 1,930 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,750 per sq.ft in 2012 to Rs 1,172 per sq.ft in 2017, then back to Rs 1,750 per sq.ft in 2023, and finally to Rs 1,930 per sq.ft in 2024.

What is the land classification for Annai Anjugam Nagar?

The land classification for Annai Anjugam Nagar is Residential Class III Type - I.

Which Sub Registrar Office covers Annai Anjugam Nagar?

The Chennai South Joint I Sub Registrar Office covers Annai Anjugam Nagar, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for properties in Annai Anjugam Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,35,100.