Guideline Value for ANJAA NAGAR @ S V GARDEN

Anjaa Nagar @ S V Garden guideline value

The current guideline value of Anjaa Nagar @ S V Garden is Rs 100 per sq.ft. This property is located in Kunjaram village, under the Oothukkottai SRO, and is classified as Residential Class I Type - I.

How the guideline value of Anjaa Nagar @ S V Garden has changed

The guideline value for Anjaa Nagar has seen significant changes over the years. The register has no figures for the years 2002, 2003, 2007, and 2012. In the 2017 revision, the guideline value was Rs 50 per sq.ft, which increased to Rs 100 per sq.ft in the 2023 revision. The current 2024 revision maintains this value at Rs 100 per sq.ft, reflecting no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 100%. The change from 2023 to 2024 shows a stable value, with no percentage increase noted.

Guideline values in Kunjaram

In Kunjaram, there are four streets under the Oothukkottai SRO that carry a guideline value for 2024, all set at Rs 100 per sq.ft. The median guideline value for these streets is also Rs 100 per sq.ft, which means Anjaa Nagar @ S V Garden's value aligns with the median.

• Enjal Nagar: Rs 100 per sq.ft (2024)
• M.K. Ganapathi Nagar: Rs 100 per sq.ft (2024)
• Sri Angalaparamseswari Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Anjaa Nagar @ S V Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty is charged at 7%, amounting to Rs 7,000, while the registration fee is 2%, totaling Rs 2,000. Together, the fees would amount to 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 more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anjaa Nagar @ S V Garden?

Anjaa Nagar @ S V Garden falls under the jurisdiction of the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Kunjaram. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction. This ensures that all property transactions are registered at a standardized value, providing a clear framework for taxation.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of property transactions. Understanding this value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Anjaa Nagar @ S V Garden?

The current guideline value of Anjaa Nagar @ S V Garden is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024. There were no figures available for the years 2002, 2003, 2007, and 2012.

What are the stamp duty and registration fees for property in Anjaa Nagar?

For a 1,000 sq.ft plot valued at Rs 100 per sq.ft, the total guideline value is Rs 1,00,000. The stamp duty is Rs 7,000 and the registration fee is Rs 2,000, totaling Rs 9,000.

Which office handles registrations for Anjaa Nagar @ S V Garden?

The Oothukkottai Sub Registrar Office handles registrations for Anjaa Nagar @ S V Garden. It is located near the government hospital in Uthukottai, Chennai 602026.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that properties are registered at a standardized value, which helps in determining the applicable taxes.