Guideline Value

Corporate

Guideline Value for New Anna Nagar

₹2200/sq.ft.

The guideline value for New Anna Nagar in Oragadam village (Ambattur SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹179 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹166 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on New Anna Nagar

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New Anna Nagar guideline value

The current guideline value of New Anna Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Oragadam village under the Ambattur SRO, with a land classification of Residential Special Type - II.

How the guideline value of New Anna Nagar has changed

The guideline value for New Anna Nagar has seen several revisions over the years. In 2002, the value was Rs 166 per sq.ft, which increased to Rs 179 per sq.ft in 2003. Following this, there was a significant rise to Rs 500 per sq.ft in 2007, marking a 179% increase. The value then saw a substantial jump to Rs 2,000 per sq.ft in 2012, reflecting a 300% increase. However, it decreased to Rs 1,340 per sq.ft in 2017, which was a drop of 33%. The guideline value then rose to Rs 2,000 per sq.ft in 2023, and most recently, it has increased to Rs 2,200 per sq.ft in 2024, a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 1,225%. Notably, there are no figures available for the revisions in years other than those specified.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for New Anna Nagar aligns with this median.

Stamp duty and registration fee for property in New Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. 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 New Anna Nagar?

The Sub Registrar Office that covers New Anna 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 details.

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

The guideline value is a crucial factor when registering property transactions in Oragadam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate taxes.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of New Anna Nagar?

The current guideline value of New Anna Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 166 per sq.ft in 2002 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 1,225% over this period.

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

For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 1,98,000, based on the guideline value of Rs 22,00,000.

Which office handles registrations for New Anna Nagar?

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

What is the land classification for New Anna Nagar?

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