Guideline Value for ANAYAA NAGAR

Anayaa Nagar guideline value

The current guideline value of Anayaa Nagar, located in Mukkarambakkam village, is Rs 100 per sq.ft, effective from 1 July 2024. This area falls under the Arani_Tiruvallur SRO and is classified as Residential Class IV Type - I.

How the guideline value of Anayaa Nagar has changed

The guideline value for Anayaa Nagar has seen several revisions over the years. The 2017 revision set the rate at Rs 67 per sq.ft, which remained unchanged in the subsequent 2023 revision, keeping it at Rs 100 per sq.ft. The latest revision in 2024 also maintains this rate at Rs 100 per sq.ft, resulting in a 49% increase from the 2017 figure to the current rate.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the significant change from 2017 to 2024 reflects a consistent valuation since 2023, which recorded no increase.

Guideline values in Mukkarambakkam

In Mukkarambakkam, three streets under the Arani_Tiruvallur SRO carry a 2024 guideline value of Rs 100 per sq.ft, which is the median for the area. Anayaa Nagar's current figure aligns with this median.

• Shakthi Vaanavil Nagar: Rs 100 per sq.ft (2024)
• Sri Velan Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Anayaa Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anayaa Nagar?

Anayaa Nagar falls under the jurisdiction of the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mukkarambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

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 appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anayaa Nagar?

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

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft since the 2023 revision, showing a 49% increase from Rs 67 per sq.ft in 2017.

What is the land classification of Anayaa Nagar?

Anayaa Nagar is classified as Residential Class IV Type - I, which indicates its primary use for residential purposes.

Where can I find the registration office for Anayaa Nagar?

The registration office covering Anayaa Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101.

How is stamp duty calculated for properties in Anayaa Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the guideline value of Rs 100 per sq.ft incurs a total fee of Rs 9,000, including stamp duty and registration fees.