Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar in Thirukalukundrem A village is Rs 600 per sq.ft, effective from 1 July 2024. This area falls under the Thirukazhukundram SRO and is classified as Residential Class I Type - III.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the value at Rs 600 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the guideline value was Rs 402 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

From 2017 to 2023, there was a significant increase of 49%, bringing the value from Rs 402 to Rs 600. Overall, from 2017 to 2024, the guideline value has also increased by 49%, as it remains unchanged from 2023 to 2024.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median value is Rs 600 per sq.ft, which is equal to the guideline value of Anna Nagar.

• Ammanivasam Thottam: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 10th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 11th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 12th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 13th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 14th Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, leading to a total of Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on fees applicable to your property transaction.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. To find your specific SRO, you can visit this link.

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

The guideline value plays a crucial role in property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold. Buyers must ensure that they are aware of the current guideline value to avoid any discrepancies during the registration process.

When registering a property, the guideline value serves as a benchmark for the minimum price at which the property can be sold. This ensures that the government receives the appropriate taxes based on the property's value at the time of sale.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024. It increased by 49% from Rs 402 per sq.ft in 2017 to Rs 600 in 2023.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Residential Class I Type - III under the Thirukazhukundram SRO.

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

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000.

Where is the Sub Registrar Office for Anna Nagar located?

The Thirukazhukundram Sub Registrar Office is located at Thiruchengode - 637 211, Chengalpattu registration zone.