Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Voyalur village under the Ponneri SRO, is Rs 100 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 67 per sq.ft. This remained unchanged in the 2023 revision, which also recorded a value of Rs 100 per sq.ft. The 2024 revision has maintained this value at Rs 100 per sq.ft, showing no change from the previous year. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49%, reflecting a consistent valuation since the 2023 revision.

Guideline values in Voyalur

In Voyalur village, there are 17 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 150 per sq.ft. The median value for these streets is Rs 100 per sq.ft, which is the same as the 2024 figure for Anna Nagar. Below are the guideline values for other streets in Voyalur:

• D.N.R. Nagar: Rs 100 per sq.ft (2024)
• Ganapathy Nagar: Rs 100 per sq.ft (2024)
• Global City Phase-I: Rs 100 per sq.ft (2024)
• Globel City: Rs 126 per sq.ft (2024)
• Green City: Rs 126 per sq.ft (2024)
• Hindustan Nagar: Rs 126 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

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, and the registration fee is 2%, which is Rs 2,000. Therefore, the total cost for stamp duty and registration fees would be 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 information, 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 Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration of property transactions in Voyalur. 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 the fees are calculated based on a standardized value set by the authorities.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. Understanding the guideline value helps in making informed decisions when engaging in property transactions in Voyalur.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, reflecting a 49% increase overall from 2017 to 2024.

Are there any years with no guideline value figures for Anna Nagar?

Yes, the register has no figures for Anna Nagar for the years 2002, 2003, 2007, and 2012.

What is the stamp duty for property in Anna Nagar?

The stamp duty for property in Anna Nagar is charged at 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Anna Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.