Guideline Value

Corporate

Guideline Value for ANAND NAGAR

₹6100/sq.ft.

The guideline value for Anand Nagar in Okkiyamthuraipakkam village (Neelankarai SRO, Chennai zone) is Rs 6100 per sq.ft, effective 1 July 2024. It was Rs 5500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Okkiyamthuraipakkam

Village

Neelankarai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹6100 /sq.ft.
From 1-4-2023 ₹5500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3685 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹170 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anand Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Anand Nagar guideline value

The current guideline value of Anand Nagar, located in Okkiyamthuraipakkam village under the Neelankarai SRO, is Rs 6,100 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - II.

How the guideline value of Anand Nagar has changed

The guideline value of Anand Nagar has seen several revisions over the years. In 2003, the value was Rs 170 per sq.ft, which rose significantly to Rs 2,500 per sq.ft in 2007, marking an increase of 1371%. The value then dropped to Rs 5,500 per sq.ft in 2012, a decrease of 33%. By 2017, it had increased again to Rs 3,685 per sq.ft, followed by a substantial rise to Rs 5,500 per sq.ft in 2023, and finally reaching Rs 6,100 per sq.ft in 2024, reflecting an 11% increase from the previous year.

Notably, there is no guideline value recorded for Anand Nagar in the 2002 revision. Overall, from 2003 to 2024, the guideline value has increased by 3488%.

Guideline values in Okkiyamthuraipakkam

In Okkiyamthuraipakkam, there are 453 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 8,800 per sq.ft. The median value for this area is Rs 3,300 per sq.ft, placing Anand Nagar's current value above this median.

Stamp duty and registration fee for property in Anand Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 6,100 per sq.ft, the total guideline value is Rs 61,00,000. The stamp duty at 7% would amount to Rs 4,27,000, and the registration fee at 2% would be Rs 1,22,000, bringing the total to Rs 5,49,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anand Nagar?

The Anand Nagar area falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Okkiyamthuraipakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid at the time of property registration.

When a property is sold, 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 correct revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Anand Nagar?

The current guideline value of Anand Nagar is Rs 6,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly over the years, starting from Rs 170 per sq.ft in 2003 and reaching Rs 6,100 per sq.ft in 2024, representing an overall increase of 3488%.

What are the other streets in Okkiyamthuraipakkam and their values?

Other streets in Okkiyamthuraipakkam include ANAND NAGAR 1st CROSS STREET at Rs 4,400 per sq.ft, ANAND NAGAR 1st STREET at Rs 6,100 per sq.ft, ANAND NAGAR 2nd CROSS STREET at Rs 4,400 per sq.ft, ANAND NAGAR 2nd STREET at Rs 6,100 per sq.ft, ANAND NAGAR 3rd CROS STREET at Rs 4,400 per sq.ft, and ANAND NAGAR 4th CROSS STREET at Rs 4,400 per sq.ft.

What is the stamp duty rate for properties in Anand Nagar?

The stamp duty rate for properties in Anand Nagar is 7% of the guideline value or sale price, whichever is higher.

Where is the Neelankarai Sub Registrar Office located?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.