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Guideline Value

Corporate

Guideline Value for Annai Velankanni Nagar(SF No.1032)

₹1200/sq.ft.

The guideline value for Annai Velankanni Nagar(sf No.1032) in Sriperumbudur A village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sriperumbudur A

Village

Sriperumpudur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Annai Velankanni Nagar(sf No.1032)

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Annai Velankanni Nagar(SF No.1032) guideline value

The current guideline value of Annai Velankanni Nagar(SF No.1032) is Rs 1,200 per sq.ft, effective from 1 July 2024. This property is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Annai Velankanni Nagar(SF No.1032) has changed

The guideline value for Annai Velankanni Nagar has undergone several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 804 per sq.ft. This value saw a significant increase to Rs 1,200 per sq.ft in both the 2023 and 2024 revisions, marking a 49% increase from 2017 to 2023 and an overall increase of 49% from 2017 to 2024. Notably, there are no figures available in the register for the years 2002, 2003, 2007, and 2012.

From 2023 to 2024, there was no change in the guideline value, remaining steady at Rs 1,200 per sq.ft. This consistency indicates stability in the valuation for this street over the last two revisions.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Annai Velankanni Nagar's 2024 figure above the median.

Stamp duty and registration fee for property in Annai Velankanni Nagar(SF No.1032)

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, totaling Rs 1,08,000. It is essential to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Velankanni Nagar(SF No.1032)?

The Sub Registrar Office that covers Annai Velankanni Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sriperumbudur A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

During the registration process, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can significantly impact the overall cost of purchasing property.

Frequently asked questions

What is the current guideline value of Annai Velankanni Nagar?

The current guideline value of Annai Velankanni Nagar(SF No.1032) is Rs 1,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 49%, rising from Rs 804 per sq.ft to Rs 1,200 per sq.ft in the 2024 revision.

What is the land classification for Annai Velankanni Nagar?

Annai Velankanni Nagar is classified as Residential Class I Type - I, indicating its designation for residential use.

What are the registration fees for property transactions in Annai Velankanni Nagar?

The registration fees include a stamp duty of 7% and a registration fee of 2%, calculated on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Annai Velankanni Nagar?

The Sub Registrar Office for Annai Velankanni Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.