Guideline Value for ANBAGAM NAGAR

Anbagam Nagar guideline value

The current guideline value of Anbagam Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Annamalaicheri village and falls under the Ponneri SRO. The land classification for this locality is Residential Class II Type - I.

How the guideline value of Anbagam Nagar has changed

In the 2017 revision, the guideline value for Anbagam Nagar was recorded at Rs 100 per sq.ft. This figure remained unchanged in the subsequent 2024 revision, indicating a 0% change over this period.

For the years 2023, 2012, 2007, 2003, and 2002, the register has no figure for this street. Therefore, the only revisions with recorded figures are from 2017 and 2024, both set at Rs 100 per sq.ft.

Guideline values in Annamalaicheri

Anbagam Nagar shares the same guideline value with other streets in Annamalaicheri. The guideline value for the area is uniform, indicating a consistent rate across various localities. Here are the other streets in Annamalaicheri:

• Sai City: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Anbagam 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 charges to Rs 9,000. 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 Anbagam Nagar?

The Sub Registrar Office that covers Anbagam Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Annamalaicheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay the applicable stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anbagam Nagar?

The current guideline value of Anbagam 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 from the 2017 revision to the 2024 revision, showing no change during this period. There are no figures available for the years 2023, 2012, 2007, 2003, and 2002.

What is the stamp duty rate for property in Anbagam Nagar?

The stamp duty rate for property transactions in Anbagam Nagar is 7% of the guideline value or sale price, whichever is higher. This is applicable to all property transactions in the area.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles property registrations for Anbagam Nagar and surrounding areas.

How is the registration fee calculated for property transactions?

The registration fee for property transactions in Anbagam Nagar is calculated at 2% of the guideline value or sale price, whichever is higher. This fee is in addition to the stamp duty that must also be paid during the registration process.