Guideline Value for ANNA NAGAR PHASE 2

Anna Nagar Phase 2 guideline value

The current guideline value for Anna Nagar Phase 2 is Rs 224 per sq.ft, effective from 1 July 2024. This area falls under Adhivararagapuram village and is classified as Residential Special Type - II. The relevant Sub Registrar Office for this locality is the Ramakrishna Rajupettai SRO.

How the guideline value of Anna Nagar Phase 2 has changed

According to the guideline value register, there have been several revisions over the years. However, there are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Anna Nagar Phase 2. The most recent revision in 2024 has set the guideline value at Rs 224 per sq.ft.

Since the 2024 revision is the only figure currently available, there have been no changes in the guideline value for Anna Nagar Phase 2 across the previous revisions. The register has consistently shown no figures for this street in the earlier years mentioned.

Guideline values in Adhivararagapuram

In addition to Anna Nagar Phase 2, there are other streets in Adhivararagapuram under the Ramakrishna Rajupettai SRO. The guideline values for these streets are as follows:

• அண்ணா நகர்: Rs 224 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar Phase 2

For a 1,000 sq.ft plot at the current guideline value of Rs 224 per sq.ft, the total guideline value amounts to Rs 2,24,000. The stamp duty is calculated at 7%, resulting in Rs 15,680, while the registration fee at 2% amounts to Rs 4,480. Together, the total fees would be Rs 20,160. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar Phase 2?

The Sub Registrar Office that covers Anna Nagar Phase 2 is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Adhivararagapuram. It serves as a benchmark for calculating stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware of the guideline value to ensure compliance with the legal requirements during registration.

When a property is registered, the guideline value is used to determine the applicable fees. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Anna Nagar Phase 2?

The current guideline value for Anna Nagar Phase 2 is Rs 224 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no available figures for the guideline value of Anna Nagar Phase 2 in the revisions from 2002 to 2023. The only current figure is from the 2024 revision, which is Rs 224 per sq.ft.

What is the classification of land in Anna Nagar Phase 2?

Anna Nagar Phase 2 is classified as Residential Special Type - II according to the guideline value register.

Where can I find the Sub Registrar Office for Anna Nagar Phase 2?

The Sub Registrar Office for Anna Nagar Phase 2 is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.

How is stamp duty calculated for properties in Anna Nagar Phase 2?

Stamp duty for properties in Anna Nagar Phase 2 is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty amounts to Rs 15,680.