Guideline Value

Corporate

Guideline Value for ANNATHUR NEW CITY PHASE-III

₹101/sq.ft.

The guideline value for Annathur New City Phase-iii in Annathoor village (Salavakkam SRO, Chengalpattu zone) is Rs 101 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Annathoor

Village

Salavakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹101 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹40 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹60 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/1a, Thottakkara Street, Salavakkam, 603 107
044-27275222
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Annathur New City Phase-iii

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Annathur New City Phase-III guideline value

The current guideline value of Annathur New City Phase-III is Rs 101 per sq.ft, effective from 1 July 2024. This area is located in Annathoor village under the Salavakkam SRO, classified as Residential Class II Type - I.

How the guideline value of Annathur New City Phase-III has changed

The guideline value has seen several revisions over the years. The 2012 revision set the value at Rs 60 per sq.ft, which then decreased to Rs 40 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 100 per sq.ft in 2023, and the latest 2024 revision has raised it to Rs 101 per sq.ft, marking a 1% increase from the previous year.

From 2012 to 2024, the overall increase in the guideline value is 68%. The 2023 to 2024 change represents a 1% rise, while the jump from 2017 to 2023 reflects a substantial increase of 150%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Annathoor

In Annathoor, there are 9 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 104 per sq.ft, with the median value being Rs 101 per sq.ft. The guideline value for Annathur New City Phase-III is equal to this median.

Stamp duty and registration fee for property in Annathur New City Phase-III

For a 1,000 sq.ft plot at the current guideline value of Rs 101 per sq.ft, the total guideline value would be Rs 1,01,000. The stamp duty at 7% would amount to Rs 7,070, and the registration fee at 2% would be Rs 2,020, totaling Rs 9,090. 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 Annathur New City Phase-III?

The Sub Registrar Office that covers Annathur New City Phase-III is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Annathoor. It determines the amount of stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value serves as a benchmark for taxation purposes. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of Annathur New City Phase-III?

The current guideline value of Annathur New City Phase-III is Rs 101 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 60 per sq.ft in 2012 to Rs 101 per sq.ft in 2024, marking an overall increase of 68% over this period.

Where can I find the registration office for Annathur New City Phase-III?

The Salavakkam Sub Registrar Office covers Annathur New City Phase-III, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

What fees are associated with buying property in Annathur New City Phase-III?

When buying property in Annathur New City Phase-III, the fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Are there other streets with similar guideline values in Annathoor?

Yes, there are several other streets in Annathoor with similar guideline values, including Annathur New City Phase-II, Phase-IV, Phase-I, Phase-V, and Phase-VI, all at Rs 101 per sq.ft in 2024.