Guideline Value for ANNAI KAMALAMMAL NAGAR

Annai Kamalammal Nagar guideline value

The current guideline value of Annai Kamalammal Nagar is Rs 450 per sq.ft, as per the 2023 revision. This area falls under Thozhuvur village and is classified as Residential Class II Type - II. The relevant Sub Registrar Office for this location is the Tiruvallur Joint 1 SRO.

How the guideline value of Annai Kamalammal Nagar has changed

In the 2012 revision, the guideline value was set at Rs 450 per sq.ft. However, in the 2017 revision, it decreased to Rs 301 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw the guideline value increase to Rs 450 per sq.ft, which is a 50% increase from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 450 per sq.ft. 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 provided for Thozhuvur. Annai Kamalammal Nagar is part of the Thozhuvur area, which is under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Annai Kamalammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 450 per sq.ft, the total guideline value would be Rs 4,50,000. The stamp duty, calculated at 7%, would amount to Rs 31,500, while the registration fee at 2% would be Rs 9,000. Therefore, the total cost for stamp duty and registration fee would be Rs 40,500. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Kamalammal Nagar?

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

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

The guideline value plays a crucial role in the registration process of property transactions in Thozhuvur. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official registers.

It is important for buyers and sellers to be aware of the guideline value, as it affects the overall cost of property transactions. Proper understanding of this value can help in planning the financial aspects of buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Annai Kamalammal Nagar?

The current guideline value of Annai Kamalammal Nagar is Rs 450 per sq.ft, based on the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, a decrease of 33%. It then increased back to Rs 450 per sq.ft in 2023, resulting in no overall change from 2012 to 2023.

What are the stamp duty and registration fees for property in Annai Kamalammal Nagar?

For a property valued at Rs 4,50,000, the stamp duty would be Rs 31,500 at 7%, and the registration fee would be Rs 9,000 at 2%. The total cost for stamp duty and registration fees would be Rs 40,500.

Which Sub Registrar Office is responsible for Annai Kamalammal Nagar?

The Tiruvallur Joint 1 Sub Registrar Office is responsible for Annai Kamalammal Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

Are there any other streets listed under Thozhuvur?

Currently, there are no other streets in Thozhuvur listed under the Tiruvallur Joint 1 SRO.