Guideline Value for ANNAI GOMATHY AMMAN NAGAR

Annai Gomathy Amman Nagar guideline value

The current guideline value of Annai Gomathy Amman Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Perumbedu village, under the Ponneri Sub Registrar Office (SRO), and is classified as Residential Class II Type - I.

How the guideline value of Annai Gomathy Amman Nagar has changed

The guideline value for Annai Gomathy Amman Nagar has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, and 2012. In the 2017 revision, the value was set at Rs 67 per sq.ft. This figure remained unchanged in the 2023 revision, where it was Rs 100 per sq.ft. The latest revision in 2024 also maintains the guideline value at Rs 100 per sq.ft, resulting in a 49% increase from 2017 to 2024.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 100 per sq.ft. Overall, the increase from the 2017 revision to the 2024 revision is 49%, reflecting the consistent value of Rs 100 per sq.ft in the last two revisions.

Guideline values in Perumbedu

In Perumbedu village, three streets under the Ponneri SRO have a guideline value of Rs 100 per sq.ft for the year 2024, with a median of Rs 100 per sq.ft. Annai Gomathy Amman Nagar's 2024 figure is equal to this median.

• Bell Nagar: Rs 100 per sq.ft (2024)
• Gomathi Amman Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Gomathy Amman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Annai Gomathy Amman Nagar?

The Sub Registrar Office that covers Annai Gomathy Amman 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 Perumbedu

The guideline value is a crucial factor in property transactions in Perumbedu, as it determines the stamp duty and registration fees payable during the registration of a property. Buyers and sellers must consider this value to ensure compliance with local regulations and to avoid any legal issues during the transaction process.

When registering a property, the guideline value serves as a benchmark for calculating the applicable fees. It ensures that the government receives appropriate revenue from property transactions, reflecting the value of the property as determined by the local authority.

Frequently asked questions

What is the current guideline value of Annai Gomathy Amman Nagar?

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

How has the guideline value changed over the years?

The guideline value has seen a significant increase of 49% from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024. There were no figures available for the years 2002, 2003, 2007, and 2012.

What are the other streets in Perumbedu with the same guideline value?

Other streets in Perumbedu under the Ponneri SRO that share the same guideline value of Rs 100 per sq.ft for 2024 include Bell Nagar and Gomathi Amman Nagar.

What is the stamp duty for a property in Annai Gomathy Amman Nagar?

The stamp duty for a property valued at Rs 1,00,000 in Annai Gomathy Amman Nagar would be Rs 7,000, calculated at 7% of the guideline value. Additionally, the registration fee would be Rs 2,000 at 2% of the guideline value.

Where is the Sub Registrar Office for Annai Gomathy Amman Nagar located?

The Sub Registrar Office covering Annai Gomathy Amman Nagar is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles all registration needs for properties in the area.