Guideline Value

Corporate

Guideline Value for Anandam Nagar

₹3100/sq.ft.

The guideline value for Anandam Nagar in Ramapuram village (Chennai South Joint Ii SRO, Chennai zone) is Rs 3100 per sq.ft, effective 1 July 2024. It was Rs 2800 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ramapuram

Village

Chennai South Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3100 /sq.ft.
From 1-4-2023 ₹2800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1876 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1100 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹380 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹307 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anandam Nagar

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Anandam Nagar guideline value

The current guideline value of Anandam Nagar, located in Ramapuram village under the Chennai South Joint II SRO, is Rs 3,100 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anandam Nagar has changed

The guideline value for Anandam Nagar has seen significant changes over the years. In the 2002 revision, the value was Rs 307 per sq.ft. This increased to Rs 380 per sq.ft in 2003, marking a 24% rise. The value then jumped to Rs 1,100 per sq.ft in 2007, a substantial increase of 189%. Following this, the 2012 revision saw a decrease to Rs 2,800 per sq.ft, a drop of 33%. However, the value rose again to Rs 1,876 per sq.ft in 2017, which was a 49% increase from the previous revision. The 2023 revision set the value at Rs 2,800 per sq.ft, and the most recent revision in 2024 has increased it to Rs 3,100 per sq.ft, reflecting an 11% rise.

There are no figures available for the revisions of the years not mentioned in the list. The overall change from 2002 to 2024 shows an increase of 910% in the guideline value for Anandam Nagar.

Guideline values in Ramapuram

In Ramapuram, there are 394 streets under the Chennai South Joint II SRO that carry a 2024 guideline value ranging from Rs 1,950 to Rs 6,600 per sq.ft. The median value is Rs 3,100 per sq.ft, which is equal to the guideline value of Anandam Nagar.

Stamp duty and registration fee for property in Anandam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,100 per sq.ft, the total guideline value would be Rs 31,00,000. The stamp duty, charged at 7%, would be Rs 2,17,000, while the registration fee at 2% would amount to Rs 62,000. Together, the total cost for stamp duty and registration would be Rs 2,79,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anandam Nagar?

Anandam Nagar falls under the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ramapuram. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations.

During the registration process, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Anandam Nagar?

The current guideline value of Anandam Nagar is Rs 3,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 307 per sq.ft in 2002 to Rs 3,100 per sq.ft in 2024, reflecting an overall increase of 910% over this period.

What is the land classification for Anandam Nagar?

Anandam Nagar is classified as Residential Class II Type - I.

What are the other streets in Ramapuram with the same guideline value?

Other streets in Ramapuram with a guideline value of Rs 3,100 per sq.ft include Anandam Nagar 1st Main Road, Anandam Nagar 1st Road, Anandam Nagar 2nd Road, Anandam Nagar 3rd Road, Anandam Nagar 4th Road, and Amman Nagar 3rd Main Road.

Where can I find the Sub Registrar Office for Anandam Nagar?

The Sub Registrar Office for Anandam Nagar is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.