Guideline Value for AANDAL NAGAR

Aandal Nagar guideline value

The current guideline value of Aandal Nagar is Rs 840 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village and falls under the Avadi Sub Registrar Office (SRO). The land classification for Aandal Nagar is Residential Class II Type - II.

How the guideline value of Aandal Nagar has changed

The guideline value for Aandal Nagar has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 840 per sq.ft, an increase from Rs 800 per sq.ft in 2023, marking a change of +5%. Prior to that, in 2017, the guideline value was Rs 737 per sq.ft, which means there was a +9% increase from 2017 to 2023. Overall, from 2017 to 2024, the guideline value has increased by +14%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Therefore, the changes recorded only reflect the years 2017, 2023, and 2024.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, placing Aandal Nagar's 2024 figure above that median.

• Aadhi Parasakthi Nagar & St: Rs 750 per sq.ft (2024)
• Aasir Nagar: Rs 750 per sq.ft (2024)
• Abirami Avenue: Rs 750 per sq.ft (2024)
• Abirami Nagar: Rs 750 per sq.ft (2024)
• Abirami Nagar & Streets: Rs 750 per sq.ft (2024)
• A.G.R.Temple Avenue: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Aandal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would amount to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, while the registration fee at 2% would be Rs 16,800, bringing the total fees together to Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aandal Nagar?

Aandal Nagar is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Thiruninravur-A. It is used to determine the stamp duty and registration fees that need to be paid at the time of property transfer.

Buyers and sellers should be aware that the guideline value is set by the government and can vary between different areas. It is essential to check the current guideline value before proceeding with any property transaction to ensure compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Aandal Nagar?

The current guideline value of Aandal Nagar is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 840 per sq.ft in 2024, reflecting an overall change of +14% over this period.

What are the stamp duty and registration fees for properties in Aandal Nagar?

For a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 and the registration fee would be Rs 16,800, totaling Rs 75,600.

Which office handles registrations for Aandal Nagar?

The Avadi Sub Registrar Office handles registrations for Aandal Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Aandal Nagar?

Aandal Nagar is classified as Residential Class II Type - II, indicating its suitability for residential development.