Guideline Value for Annai Therasa Nagar

Annai Therasa Nagar guideline value

The current guideline value of Annai Therasa Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Adhanoor village, under the Gooduvancheri Sub Registrar Office (SRO), and is classified as Residential Special Type - I.

How the guideline value of Annai Therasa Nagar has changed

The guideline value for Annai Therasa Nagar has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 335 per sq.ft. This increased to Rs 1,000 per sq.ft in 2012, marking a significant rise of 199%. However, in 2017, the value dropped to Rs 670 per sq.ft, a decrease of 33%. The value was then revised to Rs 1,000 per sq.ft in both 2023 and 2024, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 199%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft. The median value is Rs 1,000 per sq.ft, which is equal to the current guideline value of Annai Therasa Nagar.

• Annai Velankkanni Nagar: Rs 1,000 per sq.ft (2024)
• Anitha Township: Rs 1,000 per sq.ft (2024)
• Aniruth Nagar: Rs 1,000 per sq.ft (2024)
• Ansar City: Rs 1,000 per sq.ft (2024)
• Alwin Nagar Extn: Rs 1,000 per sq.ft (2024)
• Alwin Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Therasa Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total cost Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Therasa Nagar?

The Sub Registrar Office that covers Annai Therasa Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

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

Frequently asked questions

What is the current guideline value of Annai Therasa Nagar?

The current guideline value of Annai Therasa Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 335 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 both 2023 and 2024.

What is the land classification for Annai Therasa Nagar?

Annai Therasa Nagar is classified as Residential Special Type - I under the guideline value register.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Annai Therasa Nagar?

The stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000.