Guideline Value for Anandhanarayanapuram

Anandhanarayanapuram guideline value

The current guideline value of Anandhanarayanapuram is Rs 2,000 per sq.ft, effective from the 2024 revision. This area is located in Gooduvancheri village, under the Gooduvancheri SRO, and is classified as Residential Class I Type - II.

How the guideline value of Anandhanarayanapuram has changed

The guideline value for Anandhanarayanapuram has undergone several revisions over the years. In the 2017 revision, the guideline value was Rs 1,340 per sq.ft. This value remained unchanged in the 2023 and 2024 revisions, where it was set at Rs 2,000 per sq.ft, marking a significant increase of 49% from 2017 to 2023 and 49% overall from 2017 to 2024. Notably, the register has no figures for the years 2002, 2003, 2007, and 2012.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 2,000 per sq.ft. The steady increase from 2017 to 2024 reflects the changes in the property market, with the value rising significantly during that period.

Guideline values in Gooduvancheri

In Gooduvancheri, there are a total of 129 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 1,500 per sq.ft, placing Anandhanarayanapuram's 2024 figure above this median.

• Ambekar Street: Rs 1,500 per sq.ft (2024)
• Annamalai Nagar: Rs 1,200 per sq.ft (2024)
• Arul Nagar: Rs 2,001 per sq.ft (2024)
• Achudhadoss Street: Rs 1,200 per sq.ft (2024)
• Abdulla theru: Rs 2,001 per sq.ft (2024)
• Aavaas Nagar: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Anandhanarayanapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total cost for these fees to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anandhanarayanapuram?

The Anandhanarayanapuram area falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, in the Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Gooduvancheri. 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 sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anandhanarayanapuram?

The current guideline value of Anandhanarayanapuram is Rs 2,000 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,340 per sq.ft in 2017 to Rs 2,000 per sq.ft in both 2023 and 2024, reflecting a 49% increase overall from 2017 to 2024.

What are the stamp duty and registration fees for properties in Anandhanarayanapuram?

The stamp duty is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 1,80,000.

Which Sub Registrar Office covers Anandhanarayanapuram?

The Gooduvancheri Sub Registrar Office covers Anandhanarayanapuram, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202.

What is the median guideline value for streets in Gooduvancheri?

The median guideline value for the 129 streets in Gooduvancheri is Rs 1,500 per sq.ft, with Anandhanarayanapuram's value being above this median at Rs 2,000 per sq.ft.