Guideline Value

Corporate

Guideline Value for ANBU NAGAR ANNEXE

₹555/sq.ft.

The guideline value for Anbu Nagar Annexe in Vellanoor-2 village (Avadi SRO, Chennai zone) is Rs 555 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-2

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹555 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Anbu Nagar Annexe

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Anbu Nagar Annexe guideline value

The current guideline value of Anbu Nagar Annexe is Rs 555 per sq.ft, effective from 1 July 2024. This area is located in Vellanoor-2 village, under the Avadi Sub Registrar Office (SRO), and is classified as Residential Class I Type - I.

How the guideline value of Anbu Nagar Annexe has changed

The guideline value for Anbu Nagar Annexe has undergone several revisions over the years. The earliest recorded figure is from 2017, where the value was Rs 335 per sq.ft. This increased to Rs 500 per sq.ft in 2023, and the most recent revision in 2024 set the guideline value at Rs 555 per sq.ft, marking an increase of 66% from the 2017 figure.

Between the 2023 and 2024 revisions, the guideline value saw an increase of 11%. The 2017 to 2023 period recorded a significant rise of 49%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Vellanoor-2

In Vellanoor-2, there are 31 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,800 per sq.ft. The median value is Rs 555 per sq.ft, which is equal to the guideline value of Anbu Nagar Annexe.

Stamp duty and registration fee for property in Anbu Nagar Annexe

For a 1,000 sq.ft plot at the current guideline value of Rs 555 per sq.ft, the total guideline value amounts to Rs 5,55,000. The stamp duty, charged at 7%, would be Rs 38,850, while the registration fee at 2% would be Rs 11,100, bringing the total fees to Rs 49,950. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu Nagar Annexe?

The Anbu Nagar Annexe is covered by the Avadi Sub Registrar Office, located at 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 Vellanoor-2

The guideline value is a crucial factor in property transactions in Vellanoor-2, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Anbu Nagar Annexe?

The current guideline value of Anbu Nagar Annexe is Rs 555 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and now to Rs 555 per sq.ft in 2024. This reflects an overall increase of 66% from the 2017 figure.

What are the stamp duty rates for property transactions in Anbu Nagar Annexe?

The stamp duty for property transactions in Anbu Nagar Annexe is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% on the guideline value.

Which office handles property registrations in Vellanoor-2?

The Avadi Sub Registrar Office handles property registrations in Vellanoor-2. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What other streets have the same guideline value in Vellanoor-2?

In Vellanoor-2, other streets with the same guideline value of Rs 555 per sq.ft include Anbu Nagar, Anitha Nagar, Bhavani Nagar, and Gajalakshmi Nagar.