Guideline Value for ANUMAN COLONY 2nd CROSS STREET

ANUMAN COLONY 2nd CROSS STREET guideline value

The current guideline value of ANUMAN COLONY 2nd CROSS STREET is Rs 2,200 per sq.ft. This street is located in Enjambakkam village, under the Neelankarai SRO, and is classified as Residential Class III Type - I.

How the guideline value of ANUMAN COLONY 2nd CROSS STREET has changed

The guideline value for ANUMAN COLONY 2nd CROSS STREET has seen several revisions over the years. The earliest registered figure is from 2003, where the value was Rs 147 per sq.ft. This increased significantly to Rs 750 per sq.ft in 2007, marking a 410% rise. In 2012, the value reached Rs 2,000 per sq.ft, an increase of 167%. However, it fell to Rs 1,340 per sq.ft in 2017, reflecting a decrease of 33%. The value then rose to Rs 2,000 per sq.ft in 2023, followed by the current figure of Rs 2,200 per sq.ft effective from 1 July 2024, which is a 10% increase from the previous year.

It is important to note that the register has no figure for this street in 2002. Overall, from 2003 to 2024, the guideline value has increased by 1397%.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median value is Rs 2,200 per sq.ft, which is equal to the 2024 figure for ANUMAN COLONY 2nd CROSS STREET.

• ANUMAN COLONY 1st CROSS STREET: Rs 2,200 per sq.ft (2024)
• ANUMAN COLONY 3rd CROSS STREET: Rs 2,200 per sq.ft (2024)
• ANUMAN COLONY 4th CROSS STREET: Rs 2,200 per sq.ft (2024)
• ANUMAN COLONY 5th CROSS STREET: Rs 2,200 per sq.ft (2024)
• Anuman Colony Main Road: Rs 2,200 per sq.ft (2024)
• Apms 1st Street-Chinnadi Kuppam: Rs 2,800 per sq.ft (2024)

Stamp duty and registration fee for property in ANUMAN COLONY 2nd CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. 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 detailed calculations.

Which Sub Registrar Office covers ANUMAN COLONY 2nd CROSS STREET?

The Sub Registrar Office that covers ANUMAN COLONY 2nd CROSS STREET is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Enjambakkam. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of ANUMAN COLONY 2nd CROSS STREET?

The current guideline value of ANUMAN COLONY 2nd CROSS STREET is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 147 per sq.ft in 2003 to Rs 2,200 per sq.ft in 2024, representing an overall increase of 1397% over the years.

What is the median guideline value in Enjambakkam?

The median guideline value in Enjambakkam is Rs 2,200 per sq.ft, which is the same as the current value for ANUMAN COLONY 2nd CROSS STREET.

Where can I find the Sub Registrar Office for ANUMAN COLONY 2nd CROSS STREET?

The Sub Registrar Office for ANUMAN COLONY 2nd CROSS STREET is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is stamp duty calculated for properties in ANUMAN COLONY 2nd CROSS STREET?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at 7%.