Guideline Value for Anbazaghan Nagar

Anbazaghan Nagar guideline value

The current guideline value of Anbazaghan Nagar, located in Pozhichalur village, under the Pammal SRO, is Rs 1,320 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - II land classification.

How the guideline value of Anbazaghan Nagar has changed

The guideline value for Anbazaghan Nagar has undergone several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased to Rs 804 per sq.ft in 2017, marking a significant rise of 101%. By 2023, the value further increased to Rs 1,200 per sq.ft, representing a 49% increase from the previous revision. The latest revision in 2024 saw the guideline value rise to Rs 1,320 per sq.ft, a change of 10% from 2023.

There are no figures available for the years 2002, 2003, and 2012 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 230%.

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 value for these streets is Rs 1,320 per sq.ft, which is equal to the current guideline value for Anbazaghan Nagar.

• Anbazhagan Street: Rs 1,320 per sq.ft (2024)
• Andal Nagar: Rs 1,320 per sq.ft (2024)
• Anandhi Nagar M G R Street: Rs 2,200 per sq.ft (2024)
• Anandhi Nagar: Rs 2,200 per sq.ft (2024)
• Anna Highways: Rs 2,750 per sq.ft (2024)
• Annai Indra Gandhi 2nd Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Anbazaghan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total cost for these fees to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbazaghan Nagar?

The Sub Registrar Office that covers Anbazaghan Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the 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 used to calculate the applicable fees, ensuring that the transaction is recorded accurately in the official register. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anbazaghan Nagar?

The current guideline value of Anbazaghan Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 400 per sq.ft to Rs 1,320 per sq.ft in 2024, marking an overall increase of 230%.

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

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400, and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Which office handles property registrations in Anbazaghan Nagar?

The Pammal Sub Registrar Office handles property registrations for Anbazaghan Nagar, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the guideline value determined for properties in Pozhichalur?

The guideline value for properties in Pozhichalur is determined by the Registration Department's guideline value register, which is revised periodically to reflect changes in property values.