Guideline Value for ANTHONIYAR NAGAR

Anthoniyar Nagar guideline value

The current guideline value of Anthoniyar Nagar, located in Perumbakkam village under the Selaiyur SRO, is Rs 2,725 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Special Type - I land classification.

How the guideline value of Anthoniyar Nagar has changed

The guideline value for Anthoniyar Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was followed by a decrease to Rs 1,675 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,500 per sq.ft, a rise of 49%. The most recent revision in 2024 has brought the guideline value to Rs 2,725 per sq.ft, reflecting a 9% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perumbakkam

In Perumbakkam, there are 225 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft. The median guideline value for these streets is Rs 2,725 per sq.ft, which is equal to the current value of Anthoniyar Nagar.

• Anna street cross street: Rs 3,300 per sq.ft (2024)
• Anna Street: Rs 3,300 per sq.ft (2024)
• Anandammal Nagar: Rs 2,725 per sq.ft (2024)
• American Advent Mission Nagar Main Road: Rs 2,725 per sq.ft (2024)
• American Advent Mission Housing Colony: Rs 2,725 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Anthoniyar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 2,725 per sq.ft, the guideline value amounts to Rs 27,25,000. The stamp duty at 7% would be Rs 1,90,750, and the registration fee at 2% would be Rs 54,500, making the total Rs 2,45,250. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anthoniyar Nagar?

Anthoniyar Nagar falls under the jurisdiction of the Selaiyur Sub Registrar Office located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within the Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Perumbakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the registration fees and stamp duties are calculated accurately.

When buying or selling property, the guideline value helps in assessing the fair value of the property. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Anthoniyar Nagar?

The current guideline value of Anthoniyar Nagar is Rs 2,725 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 in 2012 to Rs 1,675 in 2017, then back to Rs 2,500 in 2023, and finally to Rs 2,725 in 2024. This shows fluctuations in the value over the years.

What is the land classification of Anthoniyar Nagar?

Anthoniyar Nagar is classified as Residential Special Type - I, which indicates its suitability for residential development.

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

For a property valued at Rs 27,25,000, the stamp duty would be Rs 1,90,750 and the registration fee would be Rs 54,500, totaling Rs 2,45,250.

Which Sub Registrar Office covers Anthoniyar Nagar?

Anthoniyar Nagar is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.