Guideline Value for ANUMANTHAPURAM

Anumanthapuram guideline value

The current guideline value of Anumanthapuram is Rs 825 per sq.ft, effective from 1 July 2024. This village falls under the Thiruttani Sub Registrar Office (SRO) and is classified as Residential Class III Type - I.

How the guideline value of Anumanthapuram has changed

The guideline value for Anumanthapuram has seen several revisions over the years. The 2017 revision set the value at Rs 502 per sq.ft, which increased to Rs 750 per sq.ft in 2023. The current 2024 revision reflects a further increase to Rs 825 per sq.ft, marking a 10% rise from the previous year. It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012.

Overall, from 2017 to 2024, the guideline value has increased by 64%. The significant jump from 2017 to 2023 was 49%, indicating a notable change in the valuation over these years.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft. The median value is Rs 825 per sq.ft, which is equal to the current guideline value of Anumanthapuram.

• Arakonam Road ( Mgr Nagar To Mali Pathai): Rs 1,099 per sq.ft (2024)
• Arikarai Street: Rs 825 per sq.ft (2024)
• Anna Nagar: Rs 550 per sq.ft (2024)
• Arumugaswamy Koil Stret: Rs 825 per sq.ft (2024)
• Anna Kudiyiruppu 1 & 2: Rs 550 per sq.ft (2024)
• Angalamman Koil Street: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Anumanthapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, while the registration fee at 2% would be Rs 16,500, bringing the total to Rs 74,250. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anumanthapuram?

The Sub Registrar Office that covers Anumanthapuram is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor during property registration in Tiruttani. It serves as a benchmark for determining the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the transaction is recorded at a value recognized by the government.

When selling property, the guideline value can influence the sale price, as it provides a standard valuation for both buyers and sellers. It is essential for parties involved in a transaction to be aware of the current guideline value to ensure compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Anumanthapuram?

The current guideline value of Anumanthapuram is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 502 per sq.ft in 2017 to Rs 750 per sq.ft in 2023, and currently to Rs 825 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the land classification of Anumanthapuram?

Anumanthapuram is classified as Residential Class III Type - I. This classification is important for determining the guideline value and other regulatory aspects of property transactions.

Where can I find the Thiruttani Sub Registrar Office?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

How is the stamp duty calculated for properties in Anumanthapuram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,25,000, the stamp duty at 7% would be Rs 57,750.