Guideline Value for ANNAMALAI NAGAR

Annamalai Nagar guideline value

The current guideline value of Annamalai Nagar in Podaturpet village, under the Pallipattu SRO, is Rs 250 per sq.ft. This figure is effective from 1 July 2024 and falls under the Residential Class I Type - I land classification.

How the guideline value of Annamalai Nagar has changed

According to the guideline value register, the revisions for Annamalai Nagar show that there has been no change in the guideline value from the 2023 revision to the 2024 revision, remaining at Rs 250 per sq.ft. The register does not have figures for the revisions in the years 2002, 2003, 2007, 2012, and 2017.

The guideline value was Rs 250 per sq.ft during the 2023 revision as well, indicating stability in the value over these two years. As noted, there are no figures available for the earlier revisions, thus the 2023 and 2024 revisions are the only ones recorded for this street.

Guideline values in Podaturpet

In Podaturpet, there are 47 streets under the Pallipattu SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 300 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, which is equal to the guideline value of Annamalai Nagar.

• Baggyammal Nagar: Rs 300 per sq.ft (2024)
• Bazaar Street: Rs 300 per sq.ft (2024)
• Bharathiyar Nagar: Rs 200 per sq.ft (2024)
• Dahrma Raja Koil Street: Rs 200 per sq.ft (2024)
• Dhandu Mariyamman Koil Street: Rs 200 per sq.ft (2024)
• Easu Nadhar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Annamalai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, while the registration fee at 2% would be Rs 5,000, together totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Annamalai Nagar?

The Sub Registrar Office that covers Annamalai Nagar is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which properties can be registered. When buying or selling property in Podaturpet, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Annamalai Nagar?

The current guideline value of Annamalai Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Annamalai Nagar has remained consistent at Rs 250 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Podaturpet?

The median guideline value in Podaturpet is Rs 250 per sq.ft. This value is the same as that of Annamalai Nagar for the year 2024.

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

The stamp duty for a property valued at Rs 2,50,000 in Annamalai Nagar would be Rs 17,500, while the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are calculated based on the guideline value.

Which office handles registrations for Annamalai Nagar?

The registrations for Annamalai Nagar are handled by the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone.