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Guideline Value

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Guideline Value for ANNA NAGAR EXTENSION-II

₹500/sq.ft.

The guideline value for Anna Nagar Extension-ii in Walajabad village (Walajabad SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Walajabad

Village

Walajabad

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sriperumbudur Road, Walajabad-631 605
044-27257430
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Anna Nagar Extension-ii

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Anna Nagar Extension-II guideline value

The current guideline value of Anna Nagar Extension-II is Rs 500 per sq.ft, effective from 1 July 2024. This area is located in Walajabad village, under the Walajabad SRO, and is classified as Residential Class I Type - III.

How the guideline value of Anna Nagar Extension-II has changed

Over the years, the guideline value for Anna Nagar Extension-II has seen several revisions. The 2012 revision set the guideline value at Rs 500 per sq.ft, which remained unchanged until the 2023 revision. In 2017, the value was Rs 335 per sq.ft, marking a 33% decrease from the previous revision. From 2017 to 2023, there was a significant increase of 49%, bringing the value back up to Rs 500 per sq.ft, which has remained constant through the 2024 revision.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. As of the 2024 revision, the guideline value remains at Rs 500 per sq.ft, showing an overall change of 0% from the 2012 figure.

Guideline values in Walajabad

Walajabad village has a total of 196 streets under the Walajabad SRO, with guideline values ranging from Rs 400 to Rs 2,000 per sq.ft. The median value for these streets is Rs 750 per sq.ft, indicating that the guideline value for Anna Nagar Extension-II is below this median.

Stamp duty and registration fee for property in Anna Nagar Extension-II

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar Extension-II?

The Sub Registrar Office covering Anna Nagar Extension-II is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Walajabad. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential for both parties to be aware of the guideline value, as it influences the overall costs involved in the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Anna Nagar Extension-II?

The current guideline value of Anna Nagar Extension-II is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revisions showing a 0% change from 2012 to 2024. The value was Rs 335 per sq.ft in 2017 and increased by 49% to Rs 500 per sq.ft in 2023.

What are the guideline values for other streets in Walajabad?

Other streets in Walajabad have varying guideline values. For example, Anna Nagar is priced at Rs 1,200 per sq.ft, while Appaji St and Arulnathan St are both at Rs 750 per sq.ft.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 5,00,000, the stamp duty at 7% would be Rs 35,000.

Where can I find my Sub Registrar Office?

The Sub Registrar Office for Anna Nagar Extension-II is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605. You can find more information by visiting the relevant link.