Guideline Value

Corporate

Guideline Value for ANBALAGAN 1ST CROSS ST

₹935/sq.ft.

The guideline value for Anbalagan 1st Cross St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Anbalagan 1st Cross St

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Anbalagan 1st Cross St guideline value

The current guideline value of Anbalagan 1st Cross St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Anbalagan 1st Cross St has changed

The guideline value for Anbalagan 1st Cross St has undergone several revisions over the years. The earliest available figure is from 2012, which was Rs 850 per sq.ft. This remained unchanged until the next revision in 2017, where it decreased to Rs 569 per sq.ft. However, it saw a significant increase to Rs 850 per sq.ft in 2023, followed by a further rise to Rs 935 per sq.ft in the 2024 revision.

Between the revisions, the changes are notable. From 2012 to 2017, there was a decrease of 33%. Then, from 2017 to 2023, the value increased by 49%. The most recent change from 2023 to 2024 reflects a 10% increase. Overall, comparing the figures from 2012 to 2024, there has been a cumulative increase of 10%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for the area is Rs 935 per sq.ft, which is also the current value for Anbalagan 1st Cross St.

Stamp duty and registration fee for property in Anbalagan 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty at 7% would amount to Rs 65,450, and the registration fee at 2% would be Rs 18,700, bringing the total cost for these fees to Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anbalagan 1st Cross St?

The Sub Registrar Office that covers Anbalagan 1st Cross St is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vilingiyambakkam. It serves as a benchmark for determining the minimum value 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 bought or sold, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the fees are based on a standardized valuation, which helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Anbalagan 1st Cross St?

The current guideline value of Anbalagan 1st Cross St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification for Anbalagan 1st Cross St?

Anbalagan 1st Cross St is classified as Residential Class II Type - II. This classification is important for understanding the permitted uses of the land.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 9,35,000, the stamp duty would be Rs 65,450, and the registration fee would be Rs 18,700, totaling Rs 84,150. These fees are based on the guideline value.

Where can I find the Sub Registrar Office for Anbalagan 1st Cross St?

The Avadi Sub Registrar Office covers Anbalagan 1st Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.