Guideline Value for ANNAI INDIRA NAGAR

Annai Indira Nagar guideline value

The current guideline value of Annai Indira Nagar is Rs 274 per sq.ft, effective from 1 July 2024. This locality is situated in Cheranancheri village, under the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Class III Type - I.

How the guideline value of Annai Indira Nagar has changed

The guideline value register does not have figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Annai Indira Nagar. The only available figure is from the 2024 revision, which is Rs 274 per sq.ft.

There have been no changes between the revisions above, and the current figure remains consistent with the 2024 revision.

Guideline values in Cheranancheri

In Cheranancheri, there are 31 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 274 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Annai Indira Nagar's 2024 figure below that median.

• Annai Indira Gandhi Nagar: Rs 580 per sq.ft (2024)
• Aditra Garder Phase - II: Rs 1,540 per sq.ft (2024)
• Aditra Garden Phase - I: Rs 1,540 per sq.ft (2024)
• Bajanai Koil Street: Rs 530 per sq.ft (2024)
• Chokkalingam Amsaveni Nagar: Rs 274 per sq.ft (2024)
• Coral Crest By Urban Tree: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Indira Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 274 per sq.ft, the total guideline value amounts to Rs 2,74,000. The stamp duty at 7% would be Rs 19,180, and the registration fee at 2% would be Rs 5,480, leading to a total of Rs 24,660. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Indira Nagar?

The Annai Indira Nagar area falls under the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Cheranancheri. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two figures is used to calculate the applicable duties and fees. This ensures that the transaction is registered accurately in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Annai Indira Nagar?

The current guideline value of Annai Indira Nagar is Rs 274 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value can be revised periodically, and the last revision for Annai Indira Nagar was in 2024. There are no figures available for the years 2023, 2017, 2012, 2007, 2003, and 2002 in the register.

What is the median guideline value in Cheranancheri?

The median guideline value for streets in Cheranancheri is Rs 1,540 per sq.ft. Annai Indira Nagar's 2024 figure is below this median.

What are the stamp duty rates for property in Annai Indira Nagar?

The stamp duty for property transactions in Annai Indira Nagar is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.