Guideline Value for ANNAI INDIRA GANDHI NAGAR

Annai Indira Gandhi Nagar guideline value

The current guideline value of Annai Indira Gandhi Nagar is Rs 300 per sq.ft, as per the 2023 revision. This area falls under Thozhuvur village and is classified as Residential Class III Type - II. The relevant registration office for this locality is the Tiruvallur Joint 1 SRO.

How the guideline value of Annai Indira Gandhi Nagar has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 201 per sq.ft, marking a decrease of 33%. However, the most recent 2023 revision saw a significant increase to Rs 300 per sq.ft, representing a 49% rise from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained stable at Rs 300 per sq.ft, despite the fluctuations between the revisions. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thozhuvur

Currently, there are no specific village figures available for Thozhuvur. The guideline value of Annai Indira Gandhi Nagar is Rs 300 per sq.ft, and there are no other streets in Thozhuvur listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Annai Indira Gandhi 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, making the total Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Annai Indira Gandhi Nagar?

The Sub Registrar Office that covers Annai Indira Gandhi Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Thozhuvur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When you buy or sell property in Annai Indira Gandhi Nagar, the registration office will use the guideline value to calculate the applicable duties. This ensures that all transactions are recorded accurately and in compliance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Annai Indira Gandhi Nagar?

The current guideline value of Annai Indira Gandhi Nagar is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has seen a decrease from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, followed by an increase back to Rs 300 per sq.ft in 2023. Overall, the value has remained stable from 2012 to 2023.

What is the stamp duty rate for properties in Annai Indira Gandhi Nagar?

The stamp duty rate for properties in Annai Indira Gandhi Nagar is 7% of the guideline value or the sale price, whichever is higher. This is applicable during the registration of property transactions.

Where can I find the registration office for Annai Indira Gandhi Nagar?

The registration office for Annai Indira Gandhi Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

Is there a calculator for stamp duty and registration fees?

Yes, there is a stamp duty and registration fee calculator available to help you calculate the fees based on the guideline value and sale price.