Guideline Value for Annai Gomathi Nagar

Annai Gomathi Nagar guideline value

The current guideline value of Annai Gomathi Nagar is Rs 130 per sq.ft, effective from 1 July 2024. This area is located in Vengal Kuppam village, under the Arani_Tiruvallur SRO, and is classified as Residential Class V Type - I.

How the guideline value of Annai Gomathi Nagar has changed

The guideline value for Annai Gomathi Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 130 per sq.ft, which is the same as the previous revision in 2023. Prior to that, the 2017 revision recorded a guideline value of Rs 87 per sq.ft, marking a 49% increase from 2017 to 2023 and an overall increase of 49% from 2017 to 2024.

There are no recorded figures for the years 2012, 2007, 2003, and 2002 for this street. Thus, the changes between revisions prior to 2017 are not available.

Guideline values in Vengal Kuppam

In Vengal Kuppam, five streets under the Arani_Tiruvallur SRO have a guideline value of Rs 130 per sq.ft for 2024, with the median also being Rs 130 per sq.ft. Annai Gomathi Nagar's 2024 figure matches this median.

• Anjaa Nagar @ Supreme City: Rs 130 per sq.ft (2024)
• Jayam Nagar: Rs 130 per sq.ft (2024)
• M.S. Jayam Nagar: Rs 130 per sq.ft (2024)
• Sriram City: Rs 130 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Gomathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 130 per sq.ft, the total guideline value would be Rs 1,30,000. The stamp duty at 7% would amount to Rs 9,100, while the registration fee at 2% would be Rs 2,600, leading to a total of Rs 11,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Gomathi Nagar?

The Sub Registrar Office that covers Annai Gomathi Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Vengal Kuppam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are recorded at a fair value as per government regulations.

When buying or selling property, it is essential to consider the guideline value, as it impacts the overall costs involved in the transaction. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher of the two will be used for calculating duties.

Frequently asked questions

What is the current guideline value of Annai Gomathi Nagar?

The current guideline value of Annai Gomathi Nagar is Rs 130 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 130 per sq.ft from 2023 to 2024. It increased from Rs 87 per sq.ft in 2017 to Rs 130 per sq.ft in 2023, marking a 49% increase.

What is the land classification for Annai Gomathi Nagar?

Annai Gomathi Nagar is classified as Residential Class V Type - I.

What are the stamp duty and registration fees for property in Annai Gomathi Nagar?

For a property valued at Rs 1,30,000, the stamp duty would be Rs 9,100 and the registration fee would be Rs 2,600, totaling Rs 11,700.

Where can I find the Sub Registrar Office for Annai Gomathi Nagar?

The Sub Registrar Office for Annai Gomathi Nagar is located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101.