Guideline Value for ANU AVENUE

Anu Avenue guideline value

The current guideline value of Anu Avenue in Manampathi village is Rs 263 per sq.ft, effective from 1 July 2024. This street falls under the Uthiramerur SRO and is classified as Residential Class III Type - IV.

How the guideline value of Anu Avenue has changed

The guideline value for Anu Avenue has seen several revisions over the years. The 2017 revision set the value at Rs 175 per sq.ft, which was then increased to Rs 263 per sq.ft in both the 2023 and 2024 revisions, showing a 50% increase from 2017 to 2023 and maintaining the same rate in 2024. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

From the 2023 to 2024 revision, there was no change in the guideline value, remaining at Rs 263 per sq.ft. Overall, the guideline value has increased by 50% from the 2017 revision to the current 2024 revision.

Guideline values in Manampathi

In Manampathi, there are 13 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 201 to Rs 329 per sq.ft, with a median value of Rs 300 per sq.ft. Anu Avenue's 2024 guideline value is below this median.

• Balaji Nagar: Rs 302 per sq.ft (2024)
• Madha Nagar - II: Rs 302 per sq.ft (2024)
• Sri Ganapathy Nagar: Rs 201 per sq.ft (2024)
• Sri Lakshmi Nagar: Rs 302 per sq.ft (2024)
• Thendral Nagar: Rs 302 per sq.ft (2024)
• Sri Ganapathy Nagar Extension: Rs 201 per sq.ft (2024)

Stamp duty and registration fee for property in Anu Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 263 per sq.ft, the total guideline value amounts to Rs 2,63,000. The stamp duty at 7% would be Rs 18,410, while the registration fee at 2% would be Rs 5,260, bringing the total fees to Rs 23,670. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anu Avenue?

The Sub Registrar Office that covers Anu Avenue is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Manampathi. It serves as a benchmark for determining the minimum value of a property, which is crucial during the registration process at the Sub Registrar Office.

When buying or selling property, the guideline value influences the stamp duty and registration fees that must be paid. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is compliant with local regulations.

Frequently asked questions

What is the current guideline value of Anu Avenue?

The current guideline value of Anu Avenue is Rs 263 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anu Avenue has increased from Rs 175 per sq.ft in 2017 to Rs 263 per sq.ft in both the 2023 and 2024 revisions, marking a 50% increase over this period.

What are the other streets in Manampathi and their values?

Other streets in Manampathi include Balaji Nagar and Madha Nagar - II, both at Rs 302 per sq.ft, and Sri Ganapathy Nagar at Rs 201 per sq.ft, among others. These values vary, with Anu Avenue being below the median of Rs 300 per sq.ft.

What are the stamp duty and registration fees for Anu Avenue?

For a 1,000 sq.ft plot at Anu Avenue, the total guideline value is Rs 2,63,000. The stamp duty would be Rs 18,410 and the registration fee would be Rs 5,260, totaling Rs 23,670.

Which office handles the registration for Anu Avenue?

The registration for Anu Avenue is handled by the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.