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 Thangi village and falls under the Walajabad SRO, classified as Residential Special 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. In the 2012 revision, the value was set at Rs 250 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft, marking a drop of 33%. However, from 2017 to 2023, the value increased by 50%, bringing it back to Rs 250 per sq.ft. The 2024 revision also maintains this figure, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, comparing the 2012 and 2024 revisions, the guideline value has remained unchanged at Rs 250 per sq.ft.

Guideline values in Thangi

In Thangi, there are six streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 126 to Rs 300 per sq.ft. The median value for these streets is Rs 225 per sq.ft, making Anugragham Nagar Ext's guideline value above this median.

• Aparna Avenue: Rs 300 per sq.ft (2024)
• Sri Kumaran Avenue: Rs 126 per sq.ft (2024)
• Subiksham Nagar: Rs 200 per sq.ft (2024)
• Thirukumaran Avenue: Rs 126 per sq.ft (2024)
• Vetri 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, leading to a total cost of Rs 22,500. Please note that the 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 Anugragham Nagar Ext?

The Sub Registrar Office that covers 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 Thangi

The guideline value plays a crucial role during the registration of property transactions in Thangi. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than the negotiated sale price.

When buying or selling property, the guideline value is referenced to determine the official value of the property. This helps maintain transparency and consistency in property transactions within the region.

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 in 2012, 2023, and 2024, with a decrease to Rs 167 per sq.ft in 2017. There was a 50% increase from 2017 to 2023.

What are the other streets in Thangi and their guideline values?

Other streets in Thangi include Aparna Avenue at Rs 300 per sq.ft, Sri Kumaran Avenue at Rs 126 per sq.ft, Subiksham Nagar at Rs 200 per sq.ft, Thirukumaran Avenue at Rs 126 per sq.ft, and Vetri Nagar at Rs 250 per sq.ft.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot at Rs 250 per sq.ft, the total costs would amount to Rs 22,500.

Which office handles property registrations for Anugragham Nagar Ext?

The Walajabad Sub Registrar Office handles property registrations for Anugragham Nagar Ext, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.