Guideline Value

Corporate

Guideline Value for ANNATHUR NEW CITY PHASE-IV

₹101/sq.ft.

The guideline value for Annathur New City Phase-iv 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-iv

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Annathur New City Phase-IV guideline value

The current guideline value of Annathur New City Phase-IV is Rs 101 per sq.ft, effective from 1 July 2024. This area is located in Annathoor village and falls under the Salavakkam SRO. The land classification for this street is Residential Class II Type - I.

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

Over the years, the guideline value of Annathur New City Phase-IV has seen significant changes. 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. However, from 2017 to 2023, there was a substantial increase of 150%, bringing the value up to Rs 100 per sq.ft. The latest revision in 2024 has seen a further increase of 1%, raising the current guideline value to Rs 101 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 68%.

Guideline values in Annathoor

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

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

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, bringing the total to Rs 9,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Annathur New City Phase-IV?

The Sub Registrar Office that covers Annathur New City Phase-IV is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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 serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is compliant with local regulations. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

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

What is the stamp duty rate for property in Annathur New City Phase-IV?

The stamp duty rate for property in Annathur New City Phase-IV is 7% of the guideline value or the sale price, whichever is higher.

Where is the Salavakkam Sub Registrar Office located?

The Salavakkam Sub Registrar Office is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

How can I calculate the registration fees for a property?

You can calculate the registration fees for a property using the stamp duty and registration fee calculator available online.