Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Uthiramerur village under the Uthiramerur SRO, is Rs 401 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - II.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has undergone several revisions over the years. In 2007, the value was Rs 50 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012, marking a rise of 700%. However, between 2012 and 2017, the value decreased to Rs 268 per sq.ft, a decline of 33%. By the 2023 revision, the value had risen again to Rs 400 per sq.ft, and it saw a minimal increase to Rs 401 per sq.ft in the 2024 revision, which represents a 0% change.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 702%. The revisions for the years 2002 and 2003 do not have figures listed for this street in the register.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO with a guideline value range from Rs 200 to Rs 1,800 per sq.ft. The median value for these streets is Rs 800 per sq.ft, placing Anna Nagar's 2024 figure below that median.

• Annai Senghazahi Panchalai Amman Nagar: Rs 1,800 per sq.ft (2024)
• Anandhaiyangar Street: Rs 1,200 per sq.ft (2024)
• Arunachalapillai Chathiram: Rs 401 per sq.ft (2024)
• Arunachalapillai Chathiram Kalani: Rs 700 per sq.ft (2024)
• Asaiya Nagar: Rs 905 per sq.ft (2024)
• Astalakshmi Homes: Rs 1,000 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 401 per sq.ft, the total guideline value would be Rs 4,01,000. The stamp duty at 7% would amount to Rs 28,070, and the registration fee at 2% would be Rs 8,020, bringing the total charges to Rs 36,090. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar?

The Anna Nagar area is covered by the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Uthiramerur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that transactions are conducted at a value recognized by the government.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 401 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 50 per sq.ft in 2007 to Rs 401 per sq.ft in 2024, representing an overall increase of 702% over the years.

What is the land classification for Anna Nagar?

The land classification for Anna Nagar is Residential Special Type - II, indicating its designated use for residential purposes.

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

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total charges would amount to Rs 36,090.

Which office handles property registrations for Anna Nagar?

The Uthiramerur Sub Registrar Office handles property registrations for Anna Nagar, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.