Guideline Value for ANNAI CHANDRA NAGAR

Annai Chandra Nagar guideline value

The current guideline value of Annai Chandra Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Annai Chandra Nagar has changed

The guideline value for Annai Chandra Nagar has remained unchanged at Rs 300 per sq.ft from the 2023 revision to the 2024 revision, reflecting a 0% change. In the 2017 revision, the guideline value was Rs 201 per sq.ft, marking a 49% increase to the current value over the period from 2017 to 2024.

There are no figures available for the revisions in the years 2012, 2007, 2003, and 2002 for this street. Overall, the guideline value has increased by 49% from 2017 to 2024.

Guideline values in Anupampattu

In Anupampattu, there are 42 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 500 per sq.ft, with a median value of Rs 300 per sq.ft. Annai Chandra Nagar's 2024 figure aligns with this median.

• Arul Oli Nagar: Rs 300 per sq.ft (2024)
• Balaji Nagar: Rs 300 per sq.ft (2024)
• Dg Nagar: Rs 400 per sq.ft (2024)
• Durai Swami Nagar: Rs 300 per sq.ft (2024)
• Golden City Ext: Rs 300 per sq.ft (2024)
• Golden City Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Chandra Nagar

For a 1,000 sq.ft plot at the current rate, the 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, bringing the total to Rs 27,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Chandra Nagar?

The Sub Registrar Office that covers Annai Chandra 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 Anupampattu

The guideline value is a crucial factor in the registration of property transactions in Anupampattu. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, it is essential to be aware of the guideline value as it can influence the overall costs involved in the transaction. Buyers should ensure that the sale price is at least equal to the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Annai Chandra Nagar?

The current guideline value of Annai Chandra 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, and it increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2024, reflecting a 49% increase over that period.

What is the classification of land in Annai Chandra Nagar?

Annai Chandra Nagar is classified as Residential Class II Type - I, indicating its designation for residential purposes within the area.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles all property registrations in the area.

How is stamp duty calculated for properties in Annai Chandra 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 the current guideline value of Rs 3,00,000, the stamp duty would be Rs 21,000 at a rate of 7%.