Guideline Value

Corporate

Guideline Value for ANNATHUR NEW CITY PHASE-V

₹101/sq.ft.

The guideline value for Annathur New City Phase-v 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]

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Annathur New City Phase-V guideline value

The current guideline value of Annathur New City Phase-V is Rs 101 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 II Type - I.

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

The guideline value for Annathur New City Phase-V has seen several revisions over the years. The 2012 revision set the value at Rs 60 per sq.ft, which increased to Rs 40 per sq.ft in 2017. However, from 2017 to 2023, the value rose significantly to Rs 100 per sq.ft, marking a 150% increase. The latest revision in 2024 has further increased the guideline value to Rs 101 per sq.ft, reflecting a 1% rise from the previous year.

The revisions for the years 2002, 2003, and 2007 do not have any figures recorded 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 value is Rs 101 per sq.ft, which is the same as the current guideline value for Annathur New City Phase-V.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 101 per sq.ft, the total guideline value amounts to Rs 1,01,000. The stamp duty at 7% would be 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 detailed calculations.

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

The Salavakkam Sub Registrar Office covers Annathur New City Phase-V. 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 is a crucial factor in the registration process when buying or selling property in Annathoor. It serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory during the property transaction.

When you register a property, the guideline value is considered to ensure that the transaction is in compliance with the legal requirements. This value helps in determining the financial obligations associated with the property transfer.

Frequently asked questions

What is the current guideline value for Annathur New City Phase-V?

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

How 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 are the stamp duty rates for properties in Annathur New City Phase-V?

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

Where can I find the Salavakkam Sub Registrar Office?

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

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

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