Guideline Value for Anugraham Nagar

Anugraham Nagar guideline value

The current guideline value of Anugraham Nagar, located in Thirumullaivoyal village under the Ambattur SRO, is Rs 1,200 per sq.ft, effective from 1 July 2024. This area falls under Residential Class IV Type - II land classification.

How the guideline value of Anugraham Nagar has changed

The guideline value for Anugraham Nagar has seen several revisions over the years. In 2002, the guideline value was Rs 79 per sq.ft. This increased to Rs 100 per sq.ft in 2003, marking a 27% rise. The value then saw a significant increase to Rs 200 per sq.ft in 2007, which was a 100% jump. Following this, the value surged to Rs 1,100 per sq.ft in 2012, reflecting a remarkable increase of 450%. However, it dropped to Rs 737 per sq.ft in 2017, a decrease of 33%. The guideline value then rose to Rs 1,100 per sq.ft in 2023, before reaching the current figure of Rs 1,200 per sq.ft in 2024, which is a 9% increase.

Overall, from 2002 to 2024, the guideline value has increased by 1,419%. The register has no figures for the years between these revisions for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. Anugraham Nagar's current guideline value is below this median.

• Anugraham Nagar Virivakkam: Rs 1,200 per sq.ft (2024)
• Anuman Nagar: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Alexander Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Ambedkar 1st Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Ambedkar 2st Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar kakkanji Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total fees to Rs 1,08,000. 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 further calculations.

Which Sub Registrar Office covers Anugraham Nagar?

The Sub Registrar Office that covers Anugraham Nagar is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Thirumullaivoyal. It determines the minimum value at which properties can be registered. Buyers must pay stamp duty and registration fees based on this value, ensuring that the property is officially recognized and recorded.

When a property transaction occurs, the guideline value helps to standardize the pricing and ensures transparency in the registration process. It is crucial for both buyers and sellers to be aware of the current guideline value to avoid discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Anugraham Nagar?

The current guideline value of Anugraham Nagar is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 79 per sq.ft in 2002 to Rs 1,200 per sq.ft in 2024, with various increases and decreases along the way.

What is the land classification for Anugraham Nagar?

Anugraham Nagar falls under Residential Class IV Type - II land classification.

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

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,08,000.

Which office handles the registration for Anugraham Nagar?

The Ambattur Sub Registrar Office handles registration for Anugraham Nagar, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.