Guideline Value for Aannal Gandhi Nagar

Aannal Gandhi Nagar guideline value

The current guideline value of Aannal Gandhi Nagar, located in Anakaputhur village under the Pammal SRO, is Rs 2,350 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - I.

How the guideline value of Aannal Gandhi Nagar has changed

The guideline value for Aannal Gandhi Nagar has seen significant changes over the years. In 2003, the value was Rs 195 per sq.ft, which increased to Rs 210 per sq.ft in 2007, marking an 8% rise. The value then surged dramatically to Rs 1,407 per sq.ft in 2017, reflecting a staggering increase of 570%. Following this, the 2023 revision set the value at Rs 2,099 per sq.ft, a 49% increase from the previous revision.

The most recent revision in 2024 has set the guideline value at Rs 2,350 per sq.ft, representing a 12% increase from the 2023 figure. It is important to note that there are no figures available for the years 2002 and 2012 in the register for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. Aannal Gandhi Nagar's 2024 figure is above this median.

• Adajniamman Koil Street: Rs 1,760 per sq.ft (2024)
• Adhivasikal Nagar: Rs 2,350 per sq.ft (2024)
• Adivasi Nagar Main Road: Rs 2,350 per sq.ft (2024)
• Agatheeswarar Nagar: Rs 1,760 per sq.ft (2024)
• Agatheeswarar Street / MGR Nagar: Rs 1,760 per sq.ft (2024)
• Agatheeswarar Street/ Venkateswara Nagar: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Aannal Gandhi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 2,350 per sq.ft, the guideline value amounts to Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, totaling Rs 2,11,500. It is important to note that 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 Aannal Gandhi Nagar?

The Sub Registrar Office that covers Aannal Gandhi Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Aannal Gandhi Nagar?

The current guideline value of Aannal Gandhi Nagar is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 195 per sq.ft in 2003 to Rs 2,350 per sq.ft in 2024, with significant jumps in between, including a 570% increase from 2007 to 2017.

What is the land classification for Aannal Gandhi Nagar?

Aannal Gandhi Nagar is classified as Residential Class III Type - I, indicating its use for residential purposes.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone.

How is stamp duty calculated for properties in Aannal Gandhi Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,64,500.