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Guideline Value

Corporate

Guideline Value for ANBU COLONY (7th AVENUE)

₹13200/sq.ft.

The guideline value for Anbu Colony (7th Avenue) in Villivakkam village (Villivakkam SRO, Chennai zone) is Rs 13200 per sq.ft, effective 1 July 2024. It was Rs 12000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Villivakkam

Village

Villivakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹13200 /sq.ft.
From 1-4-2023 ₹12000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8040 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹12000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹11000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1425 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1250 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Anbu Colony (7th Avenue)

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ANBU COLONY (7th AVENUE) guideline value

The current guideline value of ANBU COLONY (7th AVENUE) is Rs 13,200 per sq.ft, effective from 1 July 2024. This area is located in Villivakkam village under the Villivakkam SRO, classified as Residential Class I Type - I.

How the guideline value of ANBU COLONY (7th AVENUE) has changed

In the 2002 revision, the guideline value was Rs 1,250 per sq.ft. This increased significantly to Rs 1,425 per sq.ft in 2003, marking a 14% rise. The value then saw a dramatic increase of 672% to reach Rs 11,000 per sq.ft in 2007. Following that, the 2012 revision recorded a decrease of 9%, bringing the value down to Rs 12,000 per sq.ft. The guideline value then fell again by 33% to Rs 8,040 per sq.ft in 2017.

From 2017 to 2023, the guideline value increased by 49% to Rs 12,000 per sq.ft. The most recent revision in 2024 saw another increase of 10%, bringing the current guideline value to Rs 13,200 per sq.ft. There are no figures available for the years not listed in the register for this street.

Guideline values in Villivakkam

Villivakkam has a total of 372 streets under the Villivakkam SRO, with 2024 guideline values ranging from Rs 1,600 to Rs 13,200 per sq.ft. The median guideline value in this area is Rs 4,900 per sq.ft, and ANBU COLONY (7th AVENUE) is above this median.

Stamp duty and registration fee for property in ANBU COLONY (7th AVENUE)

For a 1,000 sq.ft plot at the current guideline value of Rs 13,200 per sq.ft, the total guideline value would be Rs 1,32,00,000. The stamp duty at 7% would be Rs 9,24,000, and the registration fee at 2% would be Rs 2,64,000, totaling Rs 11,88,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers ANBU COLONY (7th AVENUE)?

The Sub Registrar Office covering ANBU COLONY (7th AVENUE) is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration of property transactions in Villivakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value for tax purposes.

When buying or selling property, the guideline value will influence the stamp duty and registration fees that need to be paid. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of ANBU COLONY (7th AVENUE)?

The current guideline value of ANBU COLONY (7th AVENUE) is Rs 13,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, starting from Rs 1,250 per sq.ft in 2002 to Rs 13,200 per sq.ft in 2024, reflecting an overall increase of 956%.

What is the median guideline value in Villivakkam?

The median guideline value in Villivakkam is Rs 4,900 per sq.ft, with ANBU COLONY (7th AVENUE) being above this median.

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

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for ANBU COLONY (7th AVENUE)?

The Sub Registrar Office for ANBU COLONY (7th AVENUE) is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.