Guideline Value for Anandha Nagar

Anandha Nagar guideline value

The current guideline value of Anandha Nagar, located in Kattupakkam village under the Kunrathur SRO, is Rs 3,520 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - I.

How the guideline value of Anandha Nagar has changed

The guideline value for Anandha Nagar has seen significant changes over the years. In the 2003 revision, the value was Rs 67 per sq.ft, which increased dramatically to Rs 600 per sq.ft in 2007. Following that, the value surged to Rs 3,200 per sq.ft in 2012, marking a substantial increase of 433%. However, in the 2017 revision, the value decreased to Rs 2,144 per sq.ft, a drop of 33%. The guideline value then rose again to Rs 3,200 per sq.ft in 2023, before reaching the current value of Rs 3,520 per sq.ft in 2024, reflecting a 10% increase.

Overall, from 2003 to 2024, the guideline value has increased by 5,154%. The register has no figure for Anandha Nagar in the 2002 revision.

Guideline values in Kattupakkam

Kattupakkam village has a range of guideline values across its 75 streets, with the 2024 figures varying from Rs 1,980 to Rs 4,290 per sq.ft. The median guideline value for the village is Rs 2,090 per sq.ft, placing Anandha Nagar's current value above this median.

• Amman Nagar: Rs 2,090 per sq.ft (2024)
• Amman Koil Street: Rs 2,090 per sq.ft (2024)
• Ambal Nagar: Rs 3,520 per sq.ft (2024)
• A.D. Govindharaj Nagar: Rs 3,520 per sq.ft (2024)
• ArulMurugan Nagar: Rs 2,090 per sq.ft (2024)
• Audco Nagar: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Anandha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,520 per sq.ft, the total guideline value would be Rs 35,20,000. The stamp duty, charged at 7%, would amount to Rs 2,46,400, and the registration fee at 2% would be Rs 70,400, bringing the total fees to Rs 3,16,800. It is important to 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 Anandha Nagar?

Anandha Nagar falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kattupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

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 the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Anandha Nagar?

The current guideline value of Anandha Nagar is Rs 3,520 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 67 per sq.ft in 2003 to Rs 3,520 per sq.ft in 2024, which is an overall increase of 5,154%.

What is the range of guideline values in Kattupakkam?

In Kattupakkam, the guideline values range from Rs 1,980 to Rs 4,290 per sq.ft as of 2024, with a median value of Rs 2,090 per sq.ft.

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

For a property valued at Rs 35,20,000, the stamp duty would be Rs 2,46,400 and the registration fee would be Rs 70,400, totaling Rs 3,16,800.

Which office handles property registrations for Anandha Nagar?

The Kunrathur Sub Registrar Office handles property registrations for Anandha Nagar, located at No.59, Road Street, Kundrathur, Chennai -600 069.