Guideline Value for Anandham Nagar

Anandham Nagar guideline value

The current guideline value of Anandham Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in the Sholinganallur - 1 village under the Neelankarai SRO, classified as Residential Class II Type - III.

How the guideline value of Anandham Nagar has changed

The guideline value for Anandham Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,200 per sq.ft, an increase from Rs 2,000 per sq.ft in 2023, marking a 10% rise. Prior to this, the value was Rs 1,340 per sq.ft in 2017, representing a significant increase of 49% over the six years leading up to 2023. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. This lack of data means that the guideline value history is only documented from 2017 onwards.

Guideline values in Sholinganallur - 1

In the Sholinganallur - 1 village, there are 754 streets under the Neelankarai SRO, with the 2024 guideline values ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median value is Rs 2,200 per sq.ft, which aligns with the guideline value of Anandham Nagar.

• Amman Koil Street: Rs 1,700 per sq.ft (2024)
• Amirthavalli Thottam: Rs 1,700 per sq.ft (2024)
• Ambedkar Street (Panayur): Rs 2,200 per sq.ft (2024)
• Anil Metha Thottam: Rs 1,700 per sq.ft (2024)
• Anil Nagar Garden: Rs 3,900 per sq.ft (2024)
• Ambedkar 6th Cross Street (O.M.R.): Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Anandham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000. Together, the total fees would amount to Rs 1,98,000. It is important to note that 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 Anandham Nagar?

The Anandham Nagar area falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is a crucial factor during property registration in Sholinganallur - 1. It is used to determine the stamp duty and registration fees applicable to the property transaction, ensuring that the costs are calculated based on the official rates set by the government.

When buying or selling property, the guideline value helps establish a baseline for the transaction, ensuring that both parties are aware of the minimum value recognized by the authorities. This value is essential for legal documentation and compliance during the registration process.

Frequently asked questions

What is the current guideline value for Anandham Nagar?

The current guideline value for Anandham Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft in 2024, representing an overall increase of 64%.

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

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which office handles property registration for Anandham Nagar?

The Neelankarai Sub Registrar Office handles property registration for Anandham Nagar, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

Are there other streets with guideline values in Sholinganallur - 1?

Yes, there are several other streets in Sholinganallur - 1 with their respective guideline values, ranging from Rs 1,000 to Rs 8,800 per sq.ft. Anandham Nagar's guideline value matches the median of Rs 2,200 per sq.ft.