Guideline Value for AnandaValli Nagar

AnandaValli Nagar guideline value

The current guideline value of AnandaValli Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Mambakkam village under the Sunguvarchattram SRO, classified as Residential Special Type - III.

How the guideline value of AnandaValli Nagar has changed

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

There has been no change in the guideline value from 2023 to 2024, indicating a stable valuation for this period. The consistent value reflects the same rate across these two revisions, with no fluctuations noted.

Guideline values in Mambakkam

In Mambakkam, there are 39 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,418 per sq.ft, with a median value of Rs 305 per sq.ft. AnandaValli Nagar's guideline value is above this median, indicating a relatively higher valuation compared to many other streets in the area.

• Bangalore Main Road: Rs 1,250 per sq.ft (2024)
• Colony Bajanai Kovil Street: Rs 275 per sq.ft (2024)
• Colony Kizhandai Street: Rs 200 per sq.ft (2024)
• Colony Melandai Street: Rs 200 per sq.ft (2024)
• Colony Vembulliamman Kovil Street: Rs 200 per sq.ft (2024)
• ETA Florence Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in AnandaValli Nagar

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

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

Which Sub Registrar Office covers AnandaValli Nagar?

AnandaValli Nagar falls under the jurisdiction of the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Mambakkam, as it is used to calculate the stamp duty and registration fees. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of their transactions.

When registering a property, the guideline value is assessed to determine the applicable fees. It is essential for both parties involved in the transaction to be aware of this value to facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of AnandaValli Nagar?

The current guideline value of AnandaValli 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 AnandaValli Nagar has remained at Rs 800 per sq.ft for both the 2023 and 2024 revisions, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification of AnandaValli Nagar?

AnandaValli Nagar is classified as Residential Special Type - III, indicating its designated use for residential purposes.

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

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 72,000.

Which Sub Registrar Office covers AnandaValli Nagar?

The Sunguvarchattram Sub Registrar Office covers AnandaValli Nagar, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.