Guideline Value for ANGANUR STREET

Anganur Street guideline value

The current guideline value of Anganur Street in Ninna Karai village is Rs 660 per sq.ft, effective from 1 July 2024. This street falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Anganur Street has changed

The guideline value for Anganur Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 660 per sq.ft, which is an increase from Rs 600 per sq.ft in the 2023 revision, reflecting a change of +10%. Prior to this, in 2017, the value was Rs 402 per sq.ft, indicating a significant increase of +49% over the six-year period leading up to 2023. The 2012 revision also recorded a value of Rs 600 per sq.ft, which was a decrease of -33% from the 2017 figure.

Looking at the overall changes from 2012 to 2024, the guideline value has increased by +10%. It is important to note that there are no figures available for Anganur Street in the revisions for the years 2002, 2003, and 2007.

Guideline values in Ninna Karai

In Ninna Karai, there are 449 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 3,500 per sq.ft, with a median value of Rs 1,100 per sq.ft. Anganur Street's 2024 figure of Rs 660 per sq.ft is below this median.

• Andal Street(Per): Rs 440 per sq.ft (2024)
• Annai Indra Nagar (Ward -19): Rs 660 per sq.ft (2024)
• Annai Jayalakshmi Nagar (Kr): Rs 990 per sq.ft (2024)
• Annai Moogambigai Nagar (Ward -19): Rs 660 per sq.ft (2024)
• Amman Koil Street (Ward -15): Rs 660 per sq.ft (2024)
• Ambikapathi Street (Ward -7): Rs 1,321 per sq.ft (2024)

Stamp duty and registration fee for property in Anganur Street

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, making the total fees Rs 59,400. 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 details.

Which Sub Registrar Office covers Anganur Street?

The Sub Registrar Office that covers Anganur Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for additional information.

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

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

When a property is registered, the guideline value is compared to the sale price, and the higher of the two amounts is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anganur Street?

The current guideline value of Anganur Street is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024, a +10% increase. It was Rs 402 per sq.ft in 2017 and Rs 600 per sq.ft in 2012, showing a significant increase from 2017 to 2023.

What is the land classification of Anganur Street?

Anganur Street is classified as Residential Class I Type - III, indicating its use for residential purposes within the area.

What are the stamp duty rates for property in Anganur Street?

The stamp duty for property transactions in Anganur Street is charged at 7% of the guideline value or sale price, whichever is higher. Registration fees are charged at 2% of the same amount.

Where can I find the Sub Registrar Office for Anganur Street?

The Sub Registrar Office covering Anganur Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.