Guideline Value for ANBU NAGAR

Anbu Nagar guideline value

The current guideline value for Anbu Nagar is Rs 257 per sq.ft, effective from 1 July 2024. This street is located in Boodur village, under the Redhills Sub Registrar Office (SRO), and is classified as Residential Class I Type - II.

How the guideline value of Anbu Nagar has changed

The guideline value for Anbu Nagar has seen several revisions over the years. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent figures show a guideline value of Rs 235 per sq.ft from the 2023 revision, which increased to Rs 257 per sq.ft in the 2024 revision, marking a change of +9%.

Prior to the 2023 revision, there were no recorded figures for the street in the guideline value register for the specified years. The current value reflects the latest assessment and is significant for transactions involving property in the area.

Guideline values in Boodur

In Boodur village, there are 15 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 257 to Rs 1,150 per sq.ft, with a median value of Rs 385 per sq.ft. Anbu Nagar's 2024 figure is below this median.

• Bagavathi Nagar: Rs 385 per sq.ft (2024)
• Bharathi Nagar Annex 1: Rs 385 per sq.ft (2024)
• Boodhur Baba Garden: Rs 385 per sq.ft (2024)
• Boodhur Baba Nagar: Rs 385 per sq.ft (2024)
• Boodur Gopala Puram: Rs 385 per sq.ft (2024)
• Golden Avenue: Rs 385 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 257 per sq.ft, the total guideline value amounts to Rs 2,57,000. The stamp duty at 7% would be Rs 17,990, while the registration fee at 2% would be Rs 5,140, bringing the total to Rs 23,130. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar falls under the jurisdiction of the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Boodur, as it determines the amount of stamp duty and registration fees payable. Buyers and sellers must refer to the latest guideline value to ensure compliance with local regulations during transactions.

When registering a property, the guideline value serves as a benchmark for the transaction value, impacting the overall cost involved in the process. It is essential for all parties to be aware of these values to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 257 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 235 per sq.ft in 2023 to Rs 257 per sq.ft in 2024, reflecting a +9% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of Anbu Nagar?

Anbu Nagar is classified as Residential Class I Type - II, which influences its guideline value and property transactions.

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

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot at Rs 257 per sq.ft, the total fees would amount to Rs 23,130.

Where is the Redhills Sub Registrar Office located?

The Redhills Sub Registrar Office is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.