Guideline Value for ANNAI RATHNAMANI NAGAR

Annai Rathnamani Nagar guideline value

The current guideline value of Annai Rathnamani Nagar is Rs 200 per sq.ft, effective from the 2024 revision. This area is located in Thiruvellvoyal village, under the Ponneri SRO, and is classified as Residential Class III Type - V.

How the guideline value of Annai Rathnamani Nagar has changed

In the 2012 revision, the guideline value was set at Rs 150 per sq.ft. This increased to Rs 100 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 200 per sq.ft, reflecting a 100% increase. The 2023 revision maintained the guideline value at Rs 200 per sq.ft, which has remained unchanged into the 2024 revision.

There are no figures available for the revisions in 2002, 2003, and 2007 for Annai Rathnamani Nagar. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 33%.

Guideline values in Thiruvellvoyal

In Thiruvellvoyal, there are 12 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 200 per sq.ft. The median value is Rs 200 per sq.ft, which is equal to the 2024 figure for Annai Rathnamani Nagar.

• Annai Rathnamani Nagar Ext: Rs 200 per sq.ft (2024)
• Chelliyamman Nagar: Rs 200 per sq.ft (2024)
• Dhandapani Nagar: Rs 200 per sq.ft (2024)
• Gowtham Nagar: Rs 200 per sq.ft (2024)
• Radha Mudaliar Nagar: Rs 200 per sq.ft (2024)
• Sai Sudha Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Rathnamani Nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Rathnamani Nagar?

The Sub Registrar Office that covers Annai Rathnamani Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruvellvoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official value set by the government. This helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Annai Rathnamani Nagar?

The current guideline value of Annai Rathnamani Nagar is Rs 200 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 150 per sq.ft in 2012, decreasing to Rs 100 per sq.ft in 2017, and then rising to Rs 200 per sq.ft in both the 2023 and 2024 revisions.

What is the median guideline value in Thiruvellvoyal?

The median guideline value in Thiruvellvoyal for 2024 is Rs 200 per sq.ft, which is the same as the guideline value for Annai Rathnamani Nagar.

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

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

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

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