Guideline Value

Corporate

Guideline Value for ANNATHUR NEW CITY PHASE-VII

₹100/sq.ft.

The guideline value for Annathur New City Phase-vii in Annathoor village (Salavakkam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Annathoor

Village

Salavakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹44 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹65 /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]

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Annathur New City Phase-VII guideline value

The current guideline value for Annathur New City Phase-VII is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Annathoor village, under the Salavakkam Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - I.

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

The guideline value for Annathur New City Phase-VII has seen several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 100 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision set the value at Rs 44 per sq.ft, indicating a significant increase of 127% from 2017 to 2023. The 2012 revision had a guideline value of Rs 65 per sq.ft, showing a decrease of 32% to the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 54%. It is important to note that the register has no figures for the years 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 a median value of Rs 101 per sq.ft. The guideline value for Annathur New City Phase-VII is below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. 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 detailed calculations.

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

The Salavakkam Sub Registrar Office covers Annathur New City Phase-VII. The office is 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 plays a crucial role during the registration of property transactions in Annathoor. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

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

The current guideline value of Annathur New City Phase-VII is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained the same at Rs 100 per sq.ft from 2023 to 2024. It increased from Rs 44 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, marking a 127% increase.

What is the land classification for Annathur New City Phase-VII?

The land classification for Annathur New City Phase-VII is Residential Class I Type - I.

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

The registration office for Annathur New City Phase-VII is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Annathur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot of 1,000 sq.ft at the guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000, leading to a stamp duty of Rs 7,000.