Guideline Value for ANURAM NAGAR

Anuram Nagar guideline value

The current guideline value of Anuram Nagar, located in Vengambakkam village under the Tambaram Joint 1 SRO, is Rs 3,300 per sq.ft, effective from 1 July 2024. This area falls under the land classification of Mixed Special Type - I.

How the guideline value of Anuram Nagar has changed

The guideline value for Anuram Nagar has seen significant changes over the years. In the 2017 revision, the guideline value was set at Rs 2,000 per sq.ft. This increased to Rs 3,000 per sq.ft in the 2023 revision, marking a 50% rise. The most recent revision in 2024 raised the value further to Rs 3,300 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 65%.

Guideline values in Vengambakkam

Vengambakkam village has a total of 88 streets under the Tambaram Joint 1 SRO, with the 2024 guideline values ranging from Rs 440 to Rs 5,000 per sq.ft. The median guideline value for the village is Rs 770 per sq.ft, placing Anuram Nagar's 2024 value above this median.

• Anna Main Road(Vengampakkam colony): Rs 440 per sq.ft (2024)
• Anna Main Road (Cross Street): Rs 550 per sq.ft (2024)
• Anna Main Road: Rs 1,160 per sq.ft (2024)
• Annai Sathiya Street: Rs 550 per sq.ft (2024)
• Avvaiyar Street: Rs 550 per sq.ft (2024)
• A.K.B. Green Fields: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Anuram Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anuram Nagar?

Anuram Nagar falls under the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is an essential factor during the registration of property transactions in Vengambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, both parties must agree on a sale price that meets or exceeds the guideline value. This ensures compliance with legal requirements and helps avoid disputes during the registration process.

Frequently asked questions

What is the current guideline value of Anuram Nagar?

The current guideline value of Anuram Nagar is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2017 to Rs 3,000 per sq.ft in 2023, and then to Rs 3,300 per sq.ft in 2024. This represents a 65% increase from 2017 to 2024.

What is the median guideline value in Vengambakkam?

The median guideline value in Vengambakkam is Rs 770 per sq.ft, with Anuram Nagar's 2024 value being above this median.

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

For a 1,000 sq.ft property at the guideline value of Rs 3,300 per sq.ft, the total guideline value is Rs 33,00,000. The stamp duty is Rs 2,31,000, and the registration fee is Rs 66,000, totaling Rs 2,97,000.

Which office covers property registration in Anuram Nagar?

The Tambaram Joint 1 Sub Registrar Office covers property registration in Anuram Nagar, located at No.26, Mes Road, East Tambaram, Chennai-600059.