Guideline Value for ANJANA NAGAR

Anjana Nagar guideline value

The current guideline value of Anjana Nagar is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Anjana Nagar has changed

The guideline value for Anjana Nagar has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a significant change of 49%. The most recent revision in 2024 set the guideline value at Rs 770 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 Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value is Rs 770 per sq.ft, which is equal to the current guideline value of Anjana Nagar.

• Angalaparameswari St: Rs 440 per sq.ft (2024)
• Angalamman Koil Street: Rs 770 per sq.ft (2024)
• Angalamman Koil St: Rs 440 per sq.ft (2024)
• Annai Indira Nagar Phase-I, Annex-I: Rs 770 per sq.ft (2024)
• Annai Indira Nagar Phase-II, Annex-II,III,IV: Rs 770 per sq.ft (2024)
• Annai Indira Nagar Phase-III,IV,V,VI: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Anjana Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. It is important to note that 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 information.

Which Sub Registrar Office covers Anjana Nagar?

Anjana Nagar falls under 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 details.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value plays a crucial role during the registration of property transactions in Thiruninravur-B. It serves as a reference for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded at a fair value as determined by the Registration Department. This helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Anjana Nagar?

The current guideline value of Anjana Nagar is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

What are the other streets in Thiruninravur-B with their guideline values?

Other streets in Thiruninravur-B include Angalaparameswari St at Rs 440 per sq.ft, Angalamman Koil Street at Rs 770 per sq.ft, and several phases of Annai Indira Nagar, all at Rs 770 per sq.ft as well.

How is the stamp duty calculated for properties in Anjana Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 7,70,000, the stamp duty would amount to Rs 53,900.

Where is the Avadi Sub Registrar Office located?

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