Guideline Value for Anantham Nagar

Anantham Nagar guideline value

The current guideline value of Anantham Nagar, located in Kovilpathagai village under the Ambattur SRO, is Rs 807 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class III Type - II.

How the guideline value of Anantham Nagar has changed

In the 2012 revision, the guideline value was set at Rs 500 per sq.ft. This figure increased to Rs 335 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 807 per sq.ft, reflecting a change of 141%. The guideline value remained unchanged at Rs 807 per sq.ft from 2023 to 2024.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 61%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value in the village is Rs 870 per sq.ft, which means that the guideline value of Anantham Nagar is below this median.

• Amman Koil Street: Rs 880 per sq.ft (2024)
• Ambedkar Street (Kanadapalayam): Rs 807 per sq.ft (2024)
• Anna Street (Natham): Rs 806 per sq.ft (2024)
• Anthony Street: Rs 880 per sq.ft (2024)
• Ashok Nagar: Rs 880 per sq.ft (2024)
• Ashok Nagar Extn: Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in Anantham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 807 per sq.ft, the total guideline value would be Rs 8,07,000. The stamp duty at 7% would be Rs 56,490, and the registration fee at 2% would be Rs 16,140, making the total charges Rs 72,630. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anantham Nagar?

The Sub Registrar Office that covers Anantham Nagar is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kovilpathagai. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately according to government standards.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anantham Nagar?

The current guideline value of Anantham Nagar is Rs 807 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 807 per sq.ft in 2024, an overall increase of 61%. There was a significant increase of 141% from 2017 to 2023.

What is the median guideline value in Kovilpathagai?

The median guideline value in Kovilpathagai is Rs 870 per sq.ft. The guideline value for Anantham Nagar is below this median.

What is the stamp duty rate for properties in Anantham Nagar?

The stamp duty rate for properties in Anantham Nagar is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office covering Anantham Nagar is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.