Guideline Value for ANNAI ANJUKAM NAGAR

Annai Anjukam Nagar guideline value

The current guideline value of Annai Anjukam Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This locality is situated in Chengalpattu Natham village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - III.

How the guideline value of Annai Anjukam Nagar has changed

The guideline value for Annai Anjukam Nagar has seen several revisions over the years. The earliest recorded revision was in 2012, where the value was Rs 1,000 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 670 per sq.ft. In 2023, the value increased significantly to Rs 1,000 per sq.ft, and the latest revision in 2024 has set the value at Rs 1,100 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

When examining the changes between revisions, the increase from 2017 to 2023 was substantial at 49%. Following this, the value rose by 10% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10% despite the dip seen between 2012 and 2017.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO that have a 2024 guideline value, ranging from Rs 1,100 to Rs 5,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Annai Anjukam Nagar is below this median.

• Angalamman Koil Street: Rs 2,200 per sq.ft (2024)
• Anna Salai (A) High Road: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-1: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-2: Rs 3,520 per sq.ft (2024)
• Aliyar Street: Rs 2,200 per sq.ft (2024)
• Ahamathu Meeran Sayabu Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Anjukam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty, charged at 7%, would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000. Together, these fees total Rs 99,000. 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 Annai Anjukam Nagar?

The Chengleput Joint II Sub Registrar Office covers Annai Anjukam Nagar. The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in property transactions in Chengalpattu Natham. It serves as a benchmark for determining the stamp duty and registration fees that are payable when a property is bought or sold. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees. It is essential to be aware that the fees are based on either the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annai Anjukam Nagar?

The current guideline value of Annai Anjukam Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification of Annai Anjukam Nagar?

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

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

For a 1,000 sq.ft plot, the total guideline value is Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000.

Where can I find the Sub Registrar Office for Annai Anjukam Nagar?

The Sub Registrar Office covering Annai Anjukam Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.