Guideline Value for Annai Meenakshi Nagar

Annai Meenakshi Nagar guideline value

The current guideline value of Annai Meenakshi Nagar is Rs 1,000 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Commercial Class I Type - II land.

How the guideline value of Annai Meenakshi Nagar has changed

The guideline value for Annai Meenakshi Nagar has seen several revisions over the years. In the 2007 revision, the value was set at Rs 150 per sq.ft, which significantly increased to Rs 1,000 per sq.ft in the 2012 revision, marking a change of +567%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, a drop of -33%. As of the latest 2023 revision, the guideline value returned to Rs 1,000 per sq.ft, reflecting an increase of +49% from the 2017 revision.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by +567%. It is important to note that there are no figures available for the years 2002, 2003, and 2024 in the register for this street.

Guideline values in Kolapakkam

Currently, there are no specific village figures provided for Kolapakkam. The guideline value for Annai Meenakshi Nagar is Rs 1,000 per sq.ft. Unfortunately, there are no other streets in Kolapakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Annai Meenakshi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total Rs 90,000. 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 further calculations.

Which Sub Registrar Office covers Annai Meenakshi Nagar?

The Sub Registrar Office that covers Annai Meenakshi 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 Kolapakkam

The guideline value is an essential factor in the registration process when buying or selling property in Kolapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Annai Meenakshi Nagar?

The current guideline value of Annai Meenakshi Nagar is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and returned to Rs 1,000 per sq.ft in 2023.

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

The stamp duty rate for properties in Annai Meenakshi 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, Chengalpattu registration zone.

Are there other streets in Kolapakkam with guideline values?

Currently, there are no other streets in Kolapakkam listed under the Gooduvancheri SRO with guideline values provided.