Guideline Value for Annai Sandya Nagar 4th street

Annai Sandya Nagar 4th street guideline value

The current guideline value of Annai Sandya Nagar 4th street is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Annai Sandya Nagar 4th street has changed

The guideline value for Annai Sandya Nagar 4th street has undergone several revisions over the years. In 2007, the value was Rs 600 per sq.ft, which increased to Rs 1,200 per sq.ft in 2012. However, it saw a decrease to Rs 804 per sq.ft in 2017. The 2023 revision set the value at Rs 1,200 per sq.ft, and the most recent revision in 2024 raised it to Rs 1,300 per sq.ft, marking an 8% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 117%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Tondaiarpet

In Tondaiarpet village, there are 1,384 streets under the Royapuram SRO, with guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value is Rs 1,600 per sq.ft, which means that the 2024 figure for Annai Sandya Nagar 4th street is below that median.

• Annai Sandya Nagar 3rd street: Rs 1,300 per sq.ft (2024)
• Annai Sandya Nagar 5th street: Rs 1,300 per sq.ft (2024)
• Annai Sandya Nagar 2nd street: Rs 1,300 per sq.ft (2024)
• Annai Sandya Nagar 6th street: Rs 1,300 per sq.ft (2024)
• Annai Sandya Nagar 1st street: Rs 1,300 per sq.ft (2024)
• Annai Sandya Nagar 7th street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Sandya Nagar 4th street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, resulting in a total of Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Sandya Nagar 4th street?

The Sub Registrar Office that covers Annai Sandya Nagar 4th street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Tondaiarpet. It is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annai Sandya Nagar 4th street?

The current guideline value of Annai Sandya Nagar 4th street is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,300 per sq.ft in 2024, reflecting an overall increase of 117% over the years.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Annai Sandya Nagar 4th street is 7% of the guideline value or sale price, whichever is higher.

Where is the Royapuram Sub Registrar Office located?

The Royapuram Sub Registrar Office is located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.

What is the median guideline value in Tondaiarpet?

The median guideline value in Tondaiarpet is Rs 1,600 per sq.ft, which is higher than the current guideline value of Annai Sandya Nagar 4th street.