Guideline Value for ANANTHAM SAMAJYAM STREET

Anantham Samajyam Street guideline value

The current guideline value of Anantham Samajyam Street is Rs 4,300 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class II Type - I.

How the guideline value of Anantham Samajyam Street has changed

The guideline value for Anantham Samajyam Street has seen several revisions over the years. In 2007, the value was Rs 800 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012. However, it dropped to Rs 2,680 per sq.ft in 2017 before rising again to Rs 4,000 per sq.ft in 2023. The current value of Rs 4,300 per sq.ft reflects an 8% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 438%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, placing Anantham Samajyam Street's current value above this median.

• Anantha Velu 1st Cross Street: Rs 6,400 per sq.ft (2024)
• Anantha Velu Mudali 1st Street: Rs 6,400 per sq.ft (2024)
• Anantha Velu Mudali 2nd Street: Rs 6,400 per sq.ft (2024)
• Anantha Velu Mudali 3rd Street: Rs 6,400 per sq.ft (2024)
• Anantha Velu Mudali Street: Rs 6,400 per sq.ft (2024)
• Anbazhagan Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Anantham Samajyam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,300 per sq.ft, the total guideline value amounts to Rs 43,00,000. The stamp duty at 7% would be Rs 3,01,000, and the registration fee at 2% would be Rs 86,000, totaling Rs 3,87,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anantham Samajyam Street?

The Sub Registrar Office covering Anantham Samajyam Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Perambur. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anantham Samajyam Street?

The current guideline value of Anantham Samajyam Street is Rs 4,300 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 800 per sq.ft in 2007 to Rs 4,300 per sq.ft in 2024, reflecting an overall increase of 438% since then.

What are the stamp duty and registration fees for property in Anantham Samajyam Street?

For a property valued at Rs 43,00,000, the stamp duty would be Rs 3,01,000 and the registration fee would be Rs 86,000, totaling Rs 3,87,000.

Which Sub Registrar Office covers Anantham Samajyam Street?

The Purasaivakkam Sub Registrar Office covers Anantham Samajyam Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What is the median guideline value in Perambur?

The median guideline value in Perambur is Rs 2,700 per sq.ft, with Anantham Samajyam Street's current value being above this median.