Guideline Value for ANNAMALAI NAGAR

Annamalai Nagar guideline value

The current guideline value of Annamalai Nagar, located in Keerapakkam village under the Gooduvancheri SRO, is Rs 700 per sq.ft. The land classification for this area is Residential Special Type - II.

How the guideline value of Annamalai Nagar has changed

In the 2012 revision, the guideline value was set at Rs 700 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 469 per sq.ft, reflecting a decrease of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 700 per sq.ft again, marking a significant increase of 49% from the 2017 figure.

Overall, comparing the 2012 and 2023 revisions, the guideline value has remained the same at Rs 700 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 Keerapakkam

Currently, there are no specific village figures available for Keerapakkam. Annamalai Nagar's guideline value is Rs 700 per sq.ft, and there are no other streets in Keerapakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Annamalai Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. It is important to note that the 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 Annamalai Nagar?

The Sub Registrar Office that covers Annamalai Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Keerapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a buyer or seller approaches the registration office, the guideline value is assessed to calculate the applicable duties. This ensures that the transaction is recorded accurately and complies with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Annamalai Nagar?

The current guideline value of Annamalai Nagar is Rs 700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has seen fluctuations, with a decrease to Rs 469 per sq.ft in 2017 from Rs 700 per sq.ft in 2012, followed by a return to Rs 700 per sq.ft in 2023.

What is the registration fee for property in Annamalai Nagar?

The registration fee is 2% of the guideline value. For a property valued at Rs 7,00,000, the registration fee would be Rs 14,000.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What factors determine the stamp duty in Annamalai Nagar?

The stamp duty is determined based on the higher of the guideline value or the sale price of the property. In Annamalai Nagar, the current stamp duty rate is 7%.