Guideline Value for ANTHONY NAGAR

Anthony Nagar guideline value

The current guideline value of Anthony Nagar, located in Naduveerapattu village under the Padappai SRO, is Rs 1,320 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Special Type - III.

How the guideline value of Anthony Nagar has changed

The guideline value for Anthony Nagar has seen significant changes over the years. The 2017 revision set the value at Rs 800 per sq.ft, which increased to Rs 1,195 per sq.ft in the 2023 revision, marking a 49% rise. The current 2024 revision further increased the guideline value to Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 to the 2024 revision, the guideline value has risen by 65%. It is important to note that there are no figures available for Anthony Nagar in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Naduveerapattu

Naduveerapattu village has a total of 96 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 660 per sq.ft, indicating that Anthony Nagar's 2024 figure is above this median.

• Anthonypuram: Rs 440 per sq.ft (2024)
• Anthoniyar Koil Street: Rs 550 per sq.ft (2024)
• Anthaiya Samy Street: Rs 550 per sq.ft (2024)
• Anna Street: Rs 550 per sq.ft (2024)
• Arulappa Nagar: Rs 550 per sq.ft (2024)
• Ashok Brindavanam Phase - II: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Anthony Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anthony Nagar?

The Sub Registrar Office that covers Anthony Nagar is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Naduveerapattu. It serves as the basis for calculating stamp duty and registration fees when a property is bought or sold, ensuring that the government receives the appropriate revenue from property transactions.

When registering a property, the buyer must pay stamp duty on the higher of the guideline value or the sale price. This process helps maintain transparency and standardization in property transactions across the region.

Frequently asked questions

What is the current guideline value of Anthony Nagar?

The current guideline value of Anthony Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 800 per sq.ft to Rs 1,320 per sq.ft in 2024, marking a total increase of 65% over this period.

What are the stamp duty and registration fees for properties in Anthony Nagar?

For a 1,000 sq.ft plot valued at Rs 1,320 per sq.ft, the total guideline value is Rs 13,20,000. The stamp duty would be Rs 92,400, and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Which office handles property registrations for Anthony Nagar?

The Padappai Sub Registrar Office handles property registrations for Anthony Nagar. The office is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

Where can I find more information about the guideline values in Naduveerapattu?

For more information about the guideline values in Naduveerapattu, you can refer to the official registration department's guideline value register or consult the local Sub Registrar Office.