Guideline Value for ANNAI THERASA THERU

Annai Therasa Theru guideline value

The current guideline value of Annai Therasa Theru is Rs 1,000 per sq.ft. This street is located in Kolapakkam village and falls under the Gooduvancheri Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - II.

How the guideline value of Annai Therasa Theru has changed

The guideline value for Annai Therasa Theru has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. However, it decreased to Rs 670 per sq.ft in the 2017 revision, marking a decline of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 1,000 per sq.ft again, reflecting a significant increase of 49% from the 2017 figure.

Overall, comparing the revisions from 2012 to 2023, there has been no change in the guideline value, remaining at Rs 1,000 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007, as well as for 2024.

Guideline values in Kolapakkam

Currently, there are no specific village figures available for Kolapakkam. Annai Therasa Theru is among the streets under the Gooduvancheri SRO. Unfortunately, there are no other streets in Kolapakkam listed with guideline values.

Stamp duty and registration fee for property in Annai Therasa Theru

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, while the registration fee at 2% would be Rs 20,000. Together, the total cost for stamp duty and registration fee would be Rs 90,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Therasa Theru?

The Sub Registrar Office that covers Annai Therasa Theru is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property in Kolapakkam, as it determines the minimum value at which the property can be registered. Buyers and sellers must consider this value to calculate the applicable stamp duty and registration fees during the transaction process.

When a property is sold, the guideline value serves as a reference point for the transaction. If the sale price is higher than the guideline value, the duty is charged based on the sale price. This ensures that the government receives the appropriate taxes based on the actual market conditions.

Frequently asked questions

What is the current guideline value of Annai Therasa Theru?

The current guideline value of Annai Therasa Theru is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2012, the guideline value has fluctuated, starting at Rs 1,000 per sq.ft in 2012, dropping to Rs 670 per sq.ft in 2017, and then returning to Rs 1,000 per sq.ft in 2023.

What are the stamp duty and registration fees for properties in Annai Therasa Theru?

The stamp duty is 7%, and the registration fee is 2%. For a property valued at Rs 10,00,000, the total stamp duty and registration fees would amount to Rs 90,000.

Which office handles property registrations for Annai Therasa Theru?

The Gooduvancheri Sub Registrar Office handles property registrations for Annai Therasa Theru. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Is there any guideline value available for other streets in Kolapakkam?

Currently, there are no guideline values available for other streets in Kolapakkam under the Gooduvancheri SRO.