Guideline Value for Annai Anjugam Nagar

Annai Anjugam Nagar guideline value

The current guideline value of Annai Anjugam Nagar is Rs 2,000 per sq.ft, as per the 2023 revision. This locality is situated in Urapakkam village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this area is Mixed Special Type - I.

How the guideline value of Annai Anjugam Nagar has changed

The guideline value for Annai Anjugam Nagar has seen several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012, marking a 400% rise. However, from 2012 to 2017, the value decreased to Rs 1,340 per sq.ft, reflecting a decline of 33%. The most recent revision in 2023 set the guideline value back to Rs 2,000 per sq.ft, representing a 49% increase from the 2017 figure.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 400%. It is important to note that the register has no figures for the years 2002, 2003, and 2024 for this street.

Guideline values in Urapakkam

Currently, there are no specific village figures provided for Urapakkam. Annai Anjugam Nagar is one of the streets under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Annai Anjugam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total charges to Rs 1,80,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Anjugam Nagar?

The Sub Registrar Office that covers Annai Anjugam Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Urapakkam. It serves as a reference point for determining the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction. The guideline value is particularly important as it is used by the registration department to assess the value of the property being registered.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately, and the appropriate taxes are levied based on the established rates. This helps maintain transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Annai Anjugam Nagar?

The current guideline value of Annai Anjugam Nagar is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 2,000 per sq.ft in 2012, then decreased to Rs 1,340 per sq.ft in 2017, and returned to Rs 2,000 per sq.ft in 2023.

What is the stamp duty rate for properties in Annai Anjugam Nagar?

The stamp duty rate for properties in Annai Anjugam Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, in the Chengalpattu registration zone.

Is there a guideline value for the year 2024?

The register has no figure for the year 2024 for Annai Anjugam Nagar. The latest available guideline value is from 2023.