Guideline Value for ANDAL THIRUNAGAR

Andal Thirunagar guideline value

The current guideline value of Andal Thirunagar is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Athipattu village, under the Thiruvottiyur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Andal Thirunagar has changed

Since the 2017 revision, the guideline value for Andal Thirunagar has seen significant increases. The value was Rs 201 per sq.ft in 2017, which rose to Rs 300 per sq.ft in 2023, marking a 49% increase. The most recent revision in 2024 set the value at Rs 330 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Athipattu

Athipattu village has 108 streets under the Thiruvottiyur SRO, with the 2024 guideline values ranging from Rs 220 to Rs 462 per sq.ft. The median guideline value in this area is Rs 330 per sq.ft, which is equal to the current value for Andal Thirunagar.

• Anandha Nagar: Rs 330 per sq.ft (2024)
• Annai Avenue: Rs 330 per sq.ft (2024)
• Amudha Nagar: Rs 330 per sq.ft (2024)
• Amudham Colony: Rs 330 per sq.ft (2024)
• Ambani Nagar -II: Rs 275 per sq.ft (2024)
• Alamelu Nagar: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Andal Thirunagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Andal Thirunagar?

The Sub Registrar Office that covers Andal Thirunagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Athipattu. It serves as the basis for calculating the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value ensures that the transaction is recorded at a standardized value, which helps in maintaining transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of Andal Thirunagar?

The current guideline value of Andal Thirunagar is Rs 330 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 201 per sq.ft to Rs 330 per sq.ft in 2024, marking an overall increase of 64%.

What is the stamp duty rate for property in Andal Thirunagar?

The stamp duty rate for property in Andal Thirunagar is 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Andal Thirunagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

What are the guideline values for other streets in Athipattu?

Other streets in Athipattu have varying guideline values, with rates for 2024 ranging from Rs 220 to Rs 462 per sq.ft. The median value is Rs 330 per sq.ft, which is the same as that of Andal Thirunagar.