Guideline Value for Andal Nagar

Andal Nagar guideline value

The current guideline value of Andal Nagar in Santhavellur_C village is Rs 400 per sq.ft, effective from 1 July 2024. This area falls under the Sunguvarchattram SRO and is classified as Residential Special Type - III.

How the guideline value of Andal Nagar has changed

The guideline value for Andal Nagar has seen several revisions over the years. The 2017 revision recorded a guideline value of Rs 268 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 400 per sq.ft. The 2024 revision has maintained this value at Rs 400 per sq.ft, marking a 49% increase from 2017 to 2024.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Therefore, the guideline value has remained consistent at Rs 400 per sq.ft from 2023 to 2024, with an overall increase of 49% from the 2017 revision.

Guideline values in Santhavellur_C

In Santhavellur_C, there are 52 streets under the Sunguvarchattram SRO that have a 2024 guideline value ranging from Rs 200 to Rs 2,000 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Andal Nagar's 2024 figure above this median.

• Andal nagar Extension: Rs 500 per sq.ft (2024)
• Annai Velankanni Nagar: Rs 700 per sq.ft (2024)
• Ambethkar Street: Rs 200 per sq.ft (2024)
• Ambal Nagar: Rs 400 per sq.ft (2024)
• Anubav greenland: Rs 850 per sq.ft (2024)
• Abdul Rahim street II: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Andal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value is Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Andal Nagar?

The Sub Registrar Office that covers Andal Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, 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 Santhavellur_C

The guideline value is a critical factor in the registration process when buying or selling property in Santhavellur_C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is considered to ensure that the appropriate taxes are collected. This value helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Andal Nagar?

The current guideline value of Andal Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, remaining at Rs 400 per sq.ft from 2023 to 2024.

What is the land classification of Andal Nagar?

Andal Nagar is classified as Residential Special Type - III, indicating its designated use for residential purposes.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 36,000.

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

The Sub Registrar Office for Andal Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.