Guideline Value for ANNA NEDUNCHALAI

Anna Nedunchalai guideline value

The current guideline value of Anna Nedunchalai is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Perungudi village, under the Neelankarai SRO, classified as Residential Class II Type - I.

How the guideline value of Anna Nedunchalai has changed

The guideline value for Anna Nedunchalai has seen several revisions over the years. The 2012 revision set the value at Rs 3,500 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 2,345 per sq.ft. However, the value increased significantly in the following revisions, reaching Rs 3,500 per sq.ft in 2023 and then rising to Rs 3,900 per sq.ft in 2024.

From 2017 to 2023, there was a notable increase of 49%. The change from 2023 to 2024 reflects an increase of 11%. Overall, from the 2012 revision to the current 2024 figure, the guideline value has risen by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perungudi

In Perungudi, there are 249 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 8,800 per sq.ft. The median value for these streets is Rs 3,300 per sq.ft, placing Anna Nedunchalai's 2024 figure above this median.

• Anna Netunchalai (Mayanam Salai): Rs 3,900 per sq.ft (2024)
• Athiyaman Street: Rs 2,800 per sq.ft (2024)
• Atrium: Rs 2,800 per sq.ft (2024)
• Avvaiyar Street: Rs 2,800 per sq.ft (2024)
• Ambedkar Street: Rs 1,100 per sq.ft (2024)
• Balagangatharar Thilakar Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nedunchalai

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total fees to Rs 3,51,000. 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 Nedunchalai?

The Sub Registrar Office that covers Anna Nedunchalai is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Perungudi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official records.

When a buyer or seller approaches the registration office, the guideline value is used to calculate the applicable fees based on the property's size and location. This ensures transparency and consistency in property transactions across the region.

Frequently asked questions

What is the current guideline value of Anna Nedunchalai?

The current guideline value of Anna Nedunchalai is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, then back to Rs 3,500 per sq.ft in 2023, and finally to Rs 3,900 per sq.ft in 2024.

What are the other streets in Perungudi with their guideline values?

Other streets in Perungudi include Athiyaman Street, Atrium, Avvaiyar Street, Ambedkar Street, and Balagangatharar Thilakar Street, with guideline values ranging from Rs 1,100 to Rs 2,800 per sq.ft in 2024.

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

For a 1,000 sq.ft property at the current guideline value, the total fees would amount to Rs 3,51,000, which includes a stamp duty of Rs 2,73,000 and a registration fee of Rs 78,000.

Which Sub Registrar Office covers Anna Nedunchalai?

The Neelankarai Sub Registrar Office covers Anna Nedunchalai, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.