Guideline Value for ANANDH NAGAR

Anandh Nagar guideline value

The current guideline value of Anandh Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This locality is situated in Uoonamali village under the Madurandakam SRO, classified as Residential Class I Type - I.

How the guideline value of Anandh Nagar has changed

The guideline value for Anandh Nagar has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 200 per sq.ft. In 2017, the guideline value was revised to Rs 134 per sq.ft, marking a decrease of 33%. However, by 2023, it increased to Rs 200 per sq.ft, reflecting a significant rise of 49% from the 2017 figure. The 2024 revision maintains the guideline value at Rs 200 per sq.ft, showing no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 200 per sq.ft.

Guideline values in Uoonamali

In Uoonamali village, there are 12 streets under the Madurandakam SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 701 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, which is equal to the 2024 figure for Anandh Nagar.

• Anantham Nagar: Rs 200 per sq.ft (2024)
• Kousalya Garden Phase-III: Rs 350 per sq.ft (2024)
• Kowsalya Garden: Rs 350 per sq.ft (2024)
• Ram Nagar: Rs 200 per sq.ft (2024)
• Saravana Nagar: Rs 701 per sq.ft (2024)
• Srinivasa Avenue: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anandh Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anandh Nagar?

The Anandh Nagar locality falls under the jurisdiction of the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process of property transactions in Uoonamali. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the necessary fees. This ensures that the transaction is recorded accurately in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Anandh Nagar?

The current guideline value of Anandh Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has gone through several revisions, with the most recent being Rs 200 per sq.ft in 2024, which is the same as the 2023 figure. The value saw a decrease in 2017 to Rs 134 per sq.ft from Rs 200 in 2012.

What other streets in Uoonamali have guideline values?

Other streets in Uoonamali include Anantham Nagar, Kousalya Garden Phase-III, Kowsalya Garden, Ram Nagar, Saravana Nagar, and Srinivasa Avenue, each with varying guideline values.

What fees are associated with buying property in Anandh Nagar?

When buying property in Anandh Nagar, buyers must pay stamp duty at 7% of the guideline value and a registration fee at 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Anandh Nagar?

The Sub Registrar Office covering Anandh Nagar is the Madurandakam SRO, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.