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Guideline Value

Corporate

Guideline Value for ANNAI CHANDRA NAGAR

₹250/sq.ft.

The guideline value for Annai Chandra Nagar in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Chandra Nagar

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Annai Chandra Nagar guideline value

The current guideline value of Annai Chandra Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Anupampattu_2 village under the Ponneri SRO, 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 undergone several revisions over the years. In the 2017 revision, the value was set at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision. However, the latest 2024 revision has decreased the guideline value to Rs 250 per sq.ft, marking a 17% reduction from the previous year. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 24%. The significant increase of 49% from 2017 to 2023 was followed by the recent decrease in 2024. This fluctuation highlights the changes in property valuation over the years.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 500 per sq.ft, with the median being Rs 250 per sq.ft. Annai Chandra Nagar's 2024 guideline value is equal to this median.

Stamp duty and registration fee for property in Annai Chandra Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Chandra Nagar?

The Sub Registrar Office covering 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 details.

How the guideline value is used when you buy or sell in Anupampattu_2

The guideline value plays a crucial role in the registration process when buying or selling property in Anupampattu_2. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers and sellers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Annai Chandra Nagar?

The current guideline value of Annai Chandra Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification of Annai Chandra Nagar?

Annai Chandra Nagar is classified as Residential Class II Type - I, indicating its use for residential purposes.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7%, while the registration fee is charged at 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total costs can amount to Rs 22,500.

Where is the Sub Registrar Office for Annai Chandra Nagar located?

The Sub Registrar Office for Annai Chandra Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.