Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 1,000 per sq.ft, as per the 2023 revision. This area falls under Kelambakkam village, governed by the Thiruporur SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Anna Nagar has changed

Looking at the historical revisions, the guideline value for Anna Nagar was Rs 300 per sq.ft in 2007. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a substantial rise of 233%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, reflecting a drop of 33%. The latest revision in 2023 saw the value return to Rs 1,000 per sq.ft, representing a 49% increase from the 2017 figure.

Overall, from 2007 to 2023, the guideline value has increased by 233%. It is important to note that the register has no figures for the years 2002, 2003, and 2024 for this street.

Guideline values in Kelambakkam

While specific village figures are not provided, Anna Nagar is part of the overall guideline value structure in Kelambakkam. Currently, there are no other streets in Kelambakkam under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 10,00,000. The stamp duty, charged at 7%, would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. 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 Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial component in the registration process when buying or selling property in Kelambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has seen several changes, from Rs 300 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, followed by a drop to Rs 670 per sq.ft in 2017, and back to Rs 1,000 per sq.ft in 2023.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which Sub Registrar Office covers Anna Nagar?

The Thiruporur Sub Registrar Office covers Anna Nagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there other streets in Kelambakkam with guideline values?

Currently, there are no other streets in Kelambakkam under the Thiruporur SRO listed with guideline values.