Guideline Value for Anthaiya Nagar

Anthaiya Nagar guideline value

The current guideline value of Anthaiya Nagar, located in Molachoor village under the Sunguvarchattram SRO, is Rs 605 per sq.ft, effective from 1 July 2024. This area falls under Residential Class III Type - I land classification.

How the guideline value of Anthaiya Nagar has changed

The guideline value for Anthaiya Nagar has seen significant changes over the years. In 2007, the value was Rs 100 per sq.ft, which increased to Rs 400 per sq.ft in 2012. A slight increase of 1% brought it to Rs 402 per sq.ft in 2017. The value then rose dramatically to Rs 600 per sq.ft in 2023, marking a 49% increase from the previous revision. The current revision in 2024 has set the value at Rs 605 per sq.ft, reflecting a 1% increase from 2023.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 505%.

Guideline values in Molachoor

In Molachoor, there are 112 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median value for these streets is Rs 600 per sq.ft, placing Anthaiya Nagar's 2024 figure above that median.

• Anthaiyya Naidu Street: Rs 450 per sq.ft (2024)
• Anthoniyar Avenue: Rs 605 per sq.ft (2024)
• Arizhnar Anna Street: Rs 600 per sq.ft (2024)
• Annai Velanganni Nagar: Rs 300 per sq.ft (2024)
• Annai Sivakami Street: Rs 300 per sq.ft (2024)
• Annai Santhiya Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Anthaiya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 605 per sq.ft, the total guideline value amounts to Rs 6,05,000. The stamp duty at 7% would be Rs 42,350, and the registration fee at 2% would be Rs 12,100, bringing the total fees to Rs 54,450. It is important to note that the 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 Anthaiya Nagar?

The Sub Registrar Office that covers Anthaiya Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Molachoor, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Anthaiya Nagar?

The current guideline value of Anthaiya Nagar is Rs 605 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 100 per sq.ft in 2007 to Rs 605 per sq.ft in 2024, marking a total increase of 505% over the years.

What is the land classification for Anthaiya Nagar?

Anthaiya Nagar falls under Residential Class III Type - I land classification.

Where is the Sub Registrar Office for Anthaiya Nagar located?

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at Rs 605 per sq.ft would incur a total guideline value of Rs 6,05,000, leading to specific fees based on this amount.