Guideline Value for Annai Theresa Nagar Extn

Annai Theresa Nagar Extn guideline value

The current guideline value of Annai Theresa Nagar Extn is Rs 1,000 per sq.ft as per the 2023 revision. This area falls under Ponmar village and is registered with the Gooduvancheri SRO. The land classification is Residential Special Type - II.

How the guideline value of Annai Theresa Nagar Extn has changed

Looking at the historical data, the guideline value for Annai Theresa Nagar Extn has seen several revisions. In 2007, the guideline value was Rs 100 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a remarkable increase of 900%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, a drop of 33%. The most recent revision in 2023 brought the guideline value back up to Rs 1,000 per sq.ft, reflecting a 49% increase from the 2017 figure.

Overall, from 2007 to 2023, the guideline value has increased by 900%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. The guideline value of Annai Theresa Nagar Extn is Rs 1,000 per sq.ft. There are no other streets in Ponmar under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Annai Theresa Nagar Extn

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, bringing the total to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Annai Theresa Nagar Extn?

The Sub Registrar Office that covers Annai Theresa Nagar Extn is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value may differ from the actual sale price, and the higher of the two will be used to calculate the applicable duties and fees.

Understanding the guideline value helps in ensuring compliance with local regulations and facilitates a smoother transaction process. It is advisable to check the current guideline value before engaging in any property transactions.

Frequently asked questions

What is the current guideline value of Annai Theresa Nagar Extn?

The current guideline value of Annai Theresa Nagar Extn 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 100 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 land classification for Annai Theresa Nagar Extn?

The land classification for Annai Theresa Nagar Extn is Residential Special Type - II.

Where is the Gooduvancheri SRO located?

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

How is stamp duty calculated in Annai Theresa Nagar Extn?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the stamp duty would be Rs 70,000.