Guideline Value for Anandhi Nagar M G R Street

Anandhi Nagar M G R Street guideline value

The current guideline value of Anandhi Nagar M G R Street is Rs 2,200 per sq.ft. This street is located in Pozhichalur village under the Pammal SRO, and it falls under the Commercial Class I Type - I land classification.

How the guideline value of Anandhi Nagar M G R Street has changed

The guideline value for Anandhi Nagar M G R Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,340 per sq.ft. This increased significantly to Rs 2,000 per sq.ft in the 2023 revision, marking a change of 49%. The most recent revision in 2024 has set the guideline value at Rs 2,200 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, 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 in the register.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value for these streets is Rs 1,320 per sq.ft, placing Anandhi Nagar M G R Street's 2024 figure above this median.

• Anandhi Nagar: Rs 2,200 per sq.ft (2024)
• Anbazaghan Nagar: Rs 1,320 per sq.ft (2024)
• Anbazhagan Street: Rs 1,320 per sq.ft (2024)
• Andal Nagar: Rs 1,320 per sq.ft (2024)
• Amman koil Street: Rs 1,100 per sq.ft (2024)
• Anna Highways: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Anandhi Nagar M G R Street

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, bringing the total fees to Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anandhi Nagar M G R Street?

The Anandhi Nagar M G R Street falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pozhichalur. 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 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 state receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anandhi Nagar M G R Street?

The current guideline value of Anandhi Nagar M G R Street is Rs 2,200 per sq.ft as per the 2024 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased by 64%, rising from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft in 2024.

What is the median guideline value for streets in Pozhichalur?

The median guideline value for the 299 streets in Pozhichalur under the Pammal SRO is Rs 1,320 per sq.ft.

What are the stamp duty and registration fees for a property in Anandhi Nagar M G R Street?

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 the registration for Anandhi Nagar M G R Street?

The Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, handles the registration for Anandhi Nagar M G R Street.