Guideline Value for ANGANUR STREET

Anganur Street guideline value

The current guideline value of Anganur Street in Sattamangalam village is Rs 660 per sq.ft, effective from 1 July 2024. This street falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Anganur Street has changed

The guideline value for Anganur Street has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 600 per sq.ft, and the most recent 2024 revision has raised it further to Rs 660 per sq.ft, marking a 10% increase from the previous year.

In summary, the changes in guideline value from 2012 to 2024 show an overall increase of 10%. The 2023 to 2024 revision reflects a 10% increase, while the 2017 to 2023 revision indicates a significant 49% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Sattamangalam

In Sattamangalam, there are 425 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Anganur Street's 2024 figure below that median.

• Andal Street(Per): Rs 440 per sq.ft (2024)
• Annai Indra Nagar (Ward -19): Rs 440 per sq.ft (2024)
• Annai Jayalakshmi Nagar (Kr): Rs 990 per sq.ft (2024)
• Annai Moogambigai Nagar (Ward -19): Rs 660 per sq.ft (2024)
• Amman Koil Street (Ward -15): Rs 440 per sq.ft (2024)
• Ambikapathi Street (Ward -7): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Anganur Street

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, while the registration fee at 2% would be Rs 13,200. Together, these fees would total Rs 59,400. It is important to note that duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anganur Street?

The Sub Registrar Office that covers Anganur Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Sattamangalam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that the transaction is recorded accurately and legally. This value helps in maintaining transparency in property dealings and is essential for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Anganur Street?

The current guideline value of Anganur Street is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What is the land classification for Anganur Street?

Anganur Street is classified as Residential Class I Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property on Anganur Street?

For a property valued at Rs 6,60,000, the stamp duty would be Rs 46,200, and the registration fee would be Rs 13,200, totaling Rs 59,400.

Which Sub Registrar Office covers Anganur Street?

The Chengleput Joint II Sub Registrar Office covers Anganur Street, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.