Guideline Value for ANBALAGAN 4TH CROSS ST

Anbalagan 4th Cross St guideline value

The current guideline value of Anbalagan 4th Cross St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Anbalagan 4th Cross St has changed

The guideline value for Anbalagan 4th Cross St has seen several revisions over the years. The earliest available figure is from 2012, where the value was Rs 850 per sq.ft. This was followed by a decrease to Rs 569 per sq.ft in 2017, and then an increase to Rs 850 per sq.ft again in 2023. The most recent revision in 2024 shows an increase to Rs 935 per sq.ft, marking a 10% rise from the previous year.

From 2012 to 2017, there was a significant decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 value is Rs 935 per sq.ft, which is the same as the current value for Anbalagan 4th Cross St.

• Anbalagan 3rd Cross St: Rs 935 per sq.ft (2024)
• Anbalagan 2nd Cross St: Rs 935 per sq.ft (2024)
• Anbalagan 1st St: Rs 935 per sq.ft (2024)
• Anbalagan 1st Cross St: Rs 935 per sq.ft (2024)
• Anbalagan St: Rs 935 per sq.ft (2024)
• Anbar Street: Rs 1,310 per sq.ft (2024)

Stamp duty and registration fee for property in Anbalagan 4th Cross St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, and the registration fee at 2% would be Rs 18,700, totaling Rs 84,150. 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 more details.

Which Sub Registrar Office covers Anbalagan 4th Cross St?

The Sub Registrar Office that covers Anbalagan 4th Cross St is the Avadi Sub Registrar Office, located at 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 during property transactions in Vilingiyambakkam. It serves as a benchmark for determining the minimum value of a property, ensuring that the registration process is transparent and standardized.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Anbalagan 4th Cross St?

The current guideline value of Anbalagan 4th 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 back 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 4th Cross St?

Anbalagan 4th Cross St is classified as Residential Class II Type - II.

Where can I find the registration office for Anbalagan 4th Cross St?

The registration office for Anbalagan 4th Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Vilingiyambakkam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 9,35,000 would incur a stamp duty of Rs 65,450 at 7%.