Guideline Value for AANDAL NAGAR

Aandal Nagar guideline value

The current guideline value of Aandal Nagar is Rs 870 per sq.ft, effective from 1 July 2024. Aandal Nagar is located in Thiruninravur-B village, under the Avadi SRO, and is classified as 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 earliest recorded figure is from the 2017 revision at Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The most recent revision in 2024 set the guideline value at Rs 870 per sq.ft, reflecting another 9% increase from the previous year. Overall, from 2017 to 2024, there has been an 18% increase in the guideline value.

There are no figures available for the years 2002, 2003, 2007, and 2012 for Aandal Nagar in the register.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Aandal Nagar's 2024 figure above this median.

• Aadhi Parasakthi Nagar & St: Rs 770 per sq.ft (2024)
• Aasir Nagar: Rs 770 per sq.ft (2024)
• Abirami Avenue: Rs 770 per sq.ft (2024)
• Abirami Nagar: Rs 770 per sq.ft (2024)
• Abirami Nagar & Streets: Rs 770 per sq.ft (2024)
• A.G.R.Temple Avenue: Rs 1,400 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 870 per sq.ft, the total guideline value amounts to Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, and the registration fee at 2% would be Rs 17,400, bringing the total to Rs 78,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aandal Nagar?

Aandal Nagar falls under the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-B. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Aandal Nagar?

The current guideline value of Aandal Nagar is Rs 870 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

From 2017 to 2024, the guideline value has increased by 18%. The value rose from Rs 737 per sq.ft in 2017 to Rs 870 per sq.ft in 2024.

What is the median guideline value in Thiruninravur-B?

The median guideline value in Thiruninravur-B for the year 2024 is Rs 770 per sq.ft. Aandal Nagar's guideline value is above this median.

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

The stamp duty for a property in Aandal Nagar is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 78,300.

Which office handles registrations for Aandal Nagar?

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