Guideline Value for Annai Theresapuram

Annai Theresapuram guideline value

The current guideline value of Annai Theresapuram is Rs 1,000 per sq.ft. This street is located in Ponmar village, under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Annai Theresapuram has changed

The guideline value for Annai Theresapuram has seen several revisions over the years. 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 900% increase. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, a decline of 33%. The most recent revision in 2023 set the guideline value back 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 the register does not have figures for the years 2002, 2003, and 2024 for this street.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. Annai Theresapuram is a notable street in this area. There are no other streets in Ponmar listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Annai Theresapuram

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, bringing the total fees 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 more accurate calculations.

Which Sub Registrar Office covers Annai Theresapuram?

The Sub Registrar Office that covers Annai Theresapuram 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 Ponmar

The guideline value is a crucial factor in the registration process 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 transaction.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the registration of the property.

Frequently asked questions

What is the current guideline value of Annai Theresapuram?

The current guideline value of Annai Theresapuram 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 stamp duty rate for property in Annai Theresapuram?

The stamp duty rate for property in Annai Theresapuram is 7% of the guideline value or 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, Guduvancheri-603202, Chengalpattu registration zone.

Is there a calculator for stamp duty and registration fees?

Yes, there is a stamp duty and registration fee calculator available for more accurate calculations based on the guideline value.