Guideline Value for ANEES GARDEN

Anees Garden guideline value

The current guideline value of Anees Garden, located in Vanjivakkam village under the Ponneri SRO, is Rs 100 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Anees Garden has changed

The guideline value for Anees Garden has undergone several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 67 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 100 per sq.ft. The most recent revision in 2024 has maintained the guideline value at Rs 100 per sq.ft, indicating a 49% increase from the 2017 figure.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The guideline value has remained stable from 2023 to 2024, showing no percentage change. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Vanjivakkam

In Vanjivakkam, there are three streets under the Ponneri SRO that have a guideline value of Rs 100 per sq.ft as per the 2024 revision. The median guideline value for these streets is also Rs 100 per sq.ft, placing Anees Garden at the same level as the median.

• Lohitha Lakshmi Nagar Phase-II: Rs 100 per sq.ft (2024)
• Sai City: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Anees Garden

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 is charged at 7%, which totals Rs 7,000, while the registration fee is charged at 2%, amounting to Rs 2,000. Therefore, the combined cost for stamp duty and registration fee would be Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anees Garden?

The Sub Registrar Office that covers Anees Garden is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information on finding your SRO, visit find your SRO.

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

The guideline value plays a crucial role during property transactions in Vanjivakkam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees payable. It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements.

Additionally, the guideline value serves as a reference point for the registration of property transactions. It helps in assessing the official value of the property, which is necessary for the calculation of various fees associated with the registration process.

Frequently asked questions

What is the current guideline value of Anees Garden?

The current guideline value of Anees Garden is Rs 100 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, marking a 49% increase overall since 2017.

Are there any years with no recorded guideline value for Anees Garden?

Yes, the guideline value register has no figures for the years 2002, 2003, 2007, and 2012 for Anees Garden.

What are the stamp duty and registration fees for a property in Anees Garden?

For a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000 for both fees.

Where is the Sub Registrar Office for Anees Garden located?

The Sub Registrar Office for Anees Garden is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.