Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar in Melakottyur village is Rs 1,500 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri Sub Registrar Office and is classified as Commercial Class I Type - I.

How the guideline value of Anna Nagar has changed

Over the years, the guideline value of Anna Nagar has seen several revisions. The 2012 revision set the value at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 1,005 per sq.ft. However, the most recent revision in 2023 increased the value back to Rs 1,500 per sq.ft, marking a significant increase of 49% from the 2017 figure.

In summary, from 2012 to 2017, there was a decrease of 33%, but from 2012 to 2023, the overall guideline value remained unchanged at Rs 1,500 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Melakottyur

Currently, there are no specific village figures provided for Melakottyur. The guideline value for Anna Nagar is set at Rs 1,500 per sq.ft. Unfortunately, there are no other streets in Melakottyur under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. 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 details.

Which Sub Registrar Office covers Anna Nagar?

The Anna Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, 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 Melakottyur

The guideline value is an essential factor when buying or selling property in Melakottyur. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration requirements.

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 all transactions are fairly assessed and documented according to the established values.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, and then back to Rs 1,500 per sq.ft in 2023. Overall, there was no change from 2012 to 2023.

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

The stamp duty rate for properties in Anna Nagar is 7%. This is applied to the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What is the registration fee for properties in Anna Nagar?

The registration fee for properties in Anna Nagar is 2% of the guideline value. For example, on a property valued at Rs 15,00,000, the registration fee would be Rs 30,000.