Guideline Value for ANUGRAGHAM NAGAR EXT

Anugragham Nagar Ext guideline value

The current guideline value of Anugragham Nagar Ext is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Siyamangalam village under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Anugragham Nagar Ext has changed

The guideline value for Anugragham Nagar Ext has seen several revisions over the years. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 250 per sq.ft. The subsequent 2024 revision maintained this figure, resulting in a 0% change from 2023 to 2024. Notably, the 2017 revision recorded a value of Rs 167 per sq.ft, marking a 50% increase to the 2023 figure. Overall, from 2012 to 2024, the guideline value has remained stable with a 0% change.

The register has no figures for the years 2002, 2003, and 2007 for this street. The guideline value for Anugragham Nagar Ext has thus fluctuated but has ultimately returned to the same rate established in 2012, with significant changes noted from earlier revisions.

Guideline values in Siyamangalam

Siyamangalam village has 12 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 371 per sq.ft, with a median value of Rs 300 per sq.ft. Anugragham Nagar Ext's current value is below this median.

• Anugraham Nagar: Rs 250 per sq.ft (2024)
• Anandham Nagar: Rs 300 per sq.ft (2024)
• Iyappa Nagar Group II: Rs 300 per sq.ft (2024)
• Pokisham Nagar: Rs 250 per sq.ft (2024)
• Sri Annamalaiyar Nagar: Rs 300 per sq.ft (2024)
• Sri Ganapathy Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Anugragham Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees together to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anugragham Nagar Ext?

The Sub Registrar Office covering Anugragham Nagar Ext is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Siyamangalam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is compliant with local regulations. Buyers and sellers must be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anugragham Nagar Ext?

The current guideline value of Anugragham Nagar Ext is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft since 2012, with a notable increase of 50% from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023, and no change in 2024.

What is the land classification for Anugragham Nagar Ext?

Anugragham Nagar Ext is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the registration office for Anugragham Nagar Ext?

The registration office for Anugragham Nagar Ext is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 at a rate of 7%.