Guideline Value for Annai Indira Nagar

Annai Indira Nagar guideline value

The current guideline value of Annai Indira Nagar is Rs 2,000 per sq.ft, as per the 2023 revision. This area is located in Kilambakkam village under the Gooduvancheri SRO, with a land classification of Mixed Special Type - I.

How the guideline value of Annai Indira Nagar has changed

In the 2012 revision, the guideline value was set at Rs 2,000 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 1,340 per sq.ft, marking a drop of 33%. The most recent revision in 2023 increased the guideline value to Rs 2,000 per sq.ft again, representing a significant increase of 49% from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, there has been no change in the guideline value, as it has remained at Rs 2,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kilambakkam

Currently, there are no specific village figures for Kilambakkam. However, Annai Indira Nagar's guideline value is Rs 2,000 per sq.ft. There are no other streets in Kilambakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Annai Indira Nagar

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

Which Sub Registrar Office covers Annai Indira Nagar?

The Sub Registrar Office covering Annai Indira 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 Kilambakkam

The guideline value plays a crucial role in the registration process of property transactions in Kilambakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the higher of the guideline value or the sale price is considered for calculating the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Annai Indira Nagar?

The current guideline value of Annai Indira 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 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then back to Rs 2,000 per sq.ft in 2023. Overall, there has been no change from 2012 to 2023.

What are the stamp duty and registration fees in Annai Indira Nagar?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 and the registration fee would be Rs 40,000, totaling Rs 1,80,000. Duty is charged on the higher of the guideline value or the sale price.

Which office handles property registrations in Annai Indira Nagar?

The property registrations for Annai Indira Nagar are handled by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Are there other streets in Kilambakkam with guideline values?

Currently, there are no other streets in Kilambakkam listed under the Gooduvancheri SRO, and no specific village figures are provided.