Guideline Value for ANUSHA STREET

Anusha Street guideline value

The current guideline value of Anusha Street in Perumalagaram village is Rs 3,190 per sq.ft, effective from 1 July 2024. This street falls under the Chennai South Joint II SRO and is classified as Residential Class V Type - I.

How the guideline value of Anusha Street has changed

The guideline value for Anusha Street has seen several revisions over the years. In 2012, the value was Rs 2,900 per sq.ft, which remained unchanged until the next revision in 2017, when it decreased to Rs 1,943 per sq.ft. Following this, the value increased significantly to Rs 2,900 per sq.ft in 2023, and then rose to Rs 3,190 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the value has increased by 10%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perumalagaram

In Perumalagaram, there are 74 streets under the Chennai South Joint II SRO that have a 2024 guideline value ranging from Rs 825 to Rs 7,920 per sq.ft. The median guideline value for these streets is Rs 3,190 per sq.ft, which is the same as the current value for Anusha Street.

• Aparna Street: Rs 3,190 per sq.ft (2024)
• Attrankarai Street: Rs 2,420 per sq.ft (2024)
• Aura Elio's: Rs 3,300 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,650 per sq.ft (2024)
• Baskar Street: Rs 3,190 per sq.ft (2024)
• Bbcl Villa Haven: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Anusha Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,190 per sq.ft, the total guideline value amounts to Rs 31,90,000. The stamp duty at 7% would be Rs 2,23,300, and the registration fee at 2% would be Rs 63,800, bringing the total cost to Rs 2,87,100. It is important to note that the 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 Anusha Street?

Anusha Street is covered by the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perumalagaram. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for maintaining transparency in real estate dealings. Buyers and sellers must be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Anusha Street?

The current guideline value of Anusha Street is Rs 3,190 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,900 per sq.ft in 2012 to Rs 1,943 per sq.ft in 2017, then increased to Rs 2,900 per sq.ft in 2023, and finally to Rs 3,190 per sq.ft in 2024.

What are the other streets with similar guideline values in Perumalagaram?

Other streets in Perumalagaram with similar guideline values include Aparna Street and Baskar Street, both at Rs 3,190 per sq.ft in 2024.

What is the registration office for Anusha Street?

The registration office for Anusha Street is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 31,90,000, the stamp duty at 7% would be Rs 2,23,300.