Guideline Value for ANTONY NAGAR

Antony Nagar guideline value

The current guideline value of Antony Nagar, located in Thiruninravur-B village under the Avadi SRO, is Rs 1,190 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area falls under the Residential Class II Type - V land classification.

How the guideline value of Antony Nagar has changed

The guideline value of Antony Nagar has seen several revisions over the years. In the 2017 revision, the value was set at Rs 737 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 brought the guideline value to Rs 1,190 per sq.ft, reflecting an 8% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 61%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value of Antony Nagar is above this median, indicating a higher valuation compared to many other streets in the village.

• Antony Nagar & Streets: Rs 1,190 per sq.ft (2024)
• Anushka Enclave Alias Varna: Rs 660 per sq.ft (2024)
• A.R.LAYOUT alias MAJESTIC AVENUE: Rs 990 per sq.ft (2024)
• Arul Nagar Extn: Rs 770 per sq.ft (2024)
• Arul Nagar & Streets: Rs 770 per sq.ft (2024)
• Annai Theresa Nagar: Rs 870 per sq.ft (2024)

Stamp duty and registration fee for property in Antony Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,190 per sq.ft, the total guideline value amounts to Rs 11,90,000. The stamp duty at 7% would be Rs 83,300, and the registration fee at 2% would be Rs 23,800, making the total fees together Rs 1,07,100. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Antony Nagar?

The Sub Registrar Office that covers Antony Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find more details, you can find your SRO.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-B. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately in accordance with government regulations.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Antony Nagar?

The current guideline value of Antony Nagar is Rs 1,190 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 737 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2023, and then to Rs 1,190 per sq.ft in 2024. This represents an overall increase of 61% from 2017 to 2024.

What is the land classification of Antony Nagar?

Antony Nagar is classified under Residential Class II Type - V. This classification indicates the type of development permissible in the area.

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

The Sub Registrar Office covering Antony Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Antony Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 83,300.