Guideline Value for Annai Karumariamman Nagar

Annai Karumariamman Nagar guideline value

The current guideline value of Annai Karumariamman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This village falls under the Kanchipuram Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Annai Karumariamman Nagar has changed

The guideline value for Annai Karumariamman Nagar has seen several revisions over the years. In 2017, the guideline value was Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 set the guideline value at Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sevilimadu - A

In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,200 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, which is equal to the current value of Annai Karumariamman Nagar.

• Annai Subu Nagar: Rs 1,100 per sq.ft (2024)
• Annamalai Nagar: Rs 875 per sq.ft (2024)
• Arunachalam Nagar: Rs 1,100 per sq.ft (2024)
• Azhaganandam Nagar: Rs 1,100 per sq.ft (2024)
• Balaji Nagar: Rs 1,100 per sq.ft (2024)
• Bangaru Amman Colony: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Karumariamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that 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 information.

Which Sub Registrar Office covers Annai Karumariamman Nagar?

The Sub Registrar Office that covers Annai Karumariamman Nagar is the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Sevilimadu - A

The guideline value is a crucial factor in the registration process when buying or selling property in Sevilimadu - A. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When you register a property, the guideline value ensures that the transaction is documented at a fair value, which is essential for maintaining transparency in real estate transactions. It helps in assessing the correct amount of taxes owed to the government during the property transfer process.

Frequently asked questions

What is the current guideline value of Annai Karumariamman Nagar?

The current guideline value of Annai Karumariamman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since 2017, the guideline value has increased from Rs 670 per sq.ft to Rs 1,100 per sq.ft in 2024, which is a total increase of 64% over the years.

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

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

Where can I find the registration office for Annai Karumariamman Nagar?

The registration office for Annai Karumariamman Nagar is the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

What is the median guideline value for streets in Sevilimadu - A?

The median guideline value for streets in Sevilimadu - A is Rs 1,100 per sq.ft, which is the same as the current guideline value for Annai Karumariamman Nagar.