Guideline Value for ANDAL NAGAR

Andal Nagar guideline value

The current guideline value of Andal Nagar, located in Thiruninravur-A village under the Avadi SRO, is Rs 1,200 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Andal Nagar has changed

The guideline value for Andal Nagar has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,100 per sq.ft, which increased to Rs 1,200 per sq.ft in the 2024 revision, marking a change of +9%.

This increase reflects the adjustments made in the guideline values over the years. The most recent revision in 2024 is the first figure available since 2023, which was the last recorded value before the current one.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value of Rs 1,200 per sq.ft for Andal Nagar is above this median.

• Angalamman Koil St: Rs 440 per sq.ft (2024)
• Angalamman Koil Street: Rs 750 per sq.ft (2024)
• Angalaparameswari St: Rs 440 per sq.ft (2024)
• Anandh Avenue & Streets: Rs 840 per sq.ft (2024)
• Anand Garden ( S.No. 382/4b1 & 382/4b2): Rs 440 per sq.ft (2024)
• Anand Garden (S.No. 145/1c2): Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Andal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Andal Nagar?

The Sub Registrar Office that covers Andal Nagar is 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 Thiruninravur-A

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the buyer and seller must consider the guideline value, as it affects the overall costs involved in the transaction. The guideline value serves as a benchmark for the property’s worth in the eyes of the registration authority.

Frequently asked questions

What is the current guideline value of Andal Nagar?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2023 to Rs 1,200 per sq.ft in 2024, reflecting a +9% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Andal Nagar?

Andal Nagar is classified as Residential Class II Type - I. This classification affects the guideline value and the types of properties that can be developed in the area.

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

The Avadi Sub Registrar Office covers Andal Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for property in Andal Nagar?

Stamp duty for property in Andal Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 12,00,000 would incur a stamp duty of Rs 84,000.