Guideline Value for ANUGRAHA NAGAR

Anugraha Nagar guideline value

The current guideline value of Anugraha Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This locality is situated in Ponneri village, under the Ponneri Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - I.

How the guideline value of Anugraha Nagar has changed

The guideline value for Anugraha Nagar has remained consistent at Rs 800 per sq.ft for both the 2023 and 2024 revisions. Prior to these revisions, the register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

With no changes in the guideline value from 2023 to 2024, the value has increased by 0%. This stability suggests that the guideline value has not fluctuated over the last two years.

Guideline values in Ponneri

In Ponneri, there are 120 streets under the Ponneri SRO that carry a 2024 figure ranging from Rs 201 to Rs 1,200 per sq.ft. The median guideline value in this area is Rs 700 per sq.ft, making Anugraha Nagar's 2024 figure of Rs 800 per sq.ft higher than the median.

• Anna Street: Rs 700 per sq.ft (2024)
• Arasur Road: Rs 900 per sq.ft (2024)
• Annai Avenue: Rs 700 per sq.ft (2024)
• Atha Thulla Street: Rs 700 per sq.ft (2024)
• Athaualla Street: Rs 700 per sq.ft (2024)
• Angamuthu Mudali Street: Rs 900 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees together to Rs 72,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anugraha Nagar?

Anugraha Nagar falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration of property transactions in Ponneri. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anugraha Nagar?

The current guideline value of Anugraha Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anugraha Nagar has remained stable at Rs 800 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Ponneri?

The median guideline value in Ponneri is Rs 700 per sq.ft. Anugraha Nagar's current guideline value is above this median at Rs 800 per sq.ft.

What are the stamp duty and registration fees for property in Anugraha Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 8,00,000. The stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles registrations for Anugraha Nagar?

The Ponneri Sub Registrar Office handles registrations for Anugraha Nagar, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.