Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 800 per sq.ft. This area is located in Kovalam village, under the Thiruporur Sub Registrar Office (SRO). The land classification for this region is Residential Class I Type - I.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. In 2012, the guideline value was set at Rs 800 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the guideline value increased significantly to Rs 800 per sq.ft, reflecting a 49% rise from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained the same at Rs 800 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kovalam

Currently, there are no specific village figures provided for Kovalam. The guideline value for Anna Nagar is Rs 800 per sq.ft. There are no other streets in Kovalam listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000. Together, the total cost for stamp duty and registration fees would be Rs 72,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Kovalam. It is the benchmark used by the registration authorities to determine the stamp duty and registration fees applicable to a property sale.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers should be aware that they will need to pay stamp duty based on the higher of the guideline value or the actual sale price.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 800 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, before rising again to Rs 800 per sq.ft in 2023. Overall, it has remained the same from 2012 to 2023.

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

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000. This is based on the current guideline value.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there other streets in Kovalam with guideline values?

Currently, there are no other streets in Kovalam listed under the Thiruporur SRO with specific guideline values.