Guideline Value for ANUSUYA STREET

Anusuya Street guideline value

The current guideline value of Anusuya Street is Rs 7,100 per sq.ft. It is located in Puliyur village, under the Kodambakkam SRO, and classified as Residential Special Type - II.

How the guideline value of Anusuya Street has changed

The guideline value for Anusuya Street has seen several revisions over the years. In 2003, the value was Rs 931 per sq.ft, which increased to Rs 1,650 per sq.ft in 2007, marking a significant rise of 77%. The 2012 revision saw the value drop to Rs 6,500 per sq.ft, a decrease of 33%. However, in 2017, it increased to Rs 4,355 per sq.ft, and then jumped to Rs 6,500 per sq.ft in 2023, representing a 49% increase. The latest revision in 2024 set the guideline value at Rs 7,100 per sq.ft, reflecting a 9% increase from the previous year.

It is important to note that there is no figure available for Anusuya Street in the 2002 revision. Overall, from 2003 to 2024, the guideline value has increased by 663%.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, placing Anusuya Street's 2024 figure above this median.

• Appasamy Street: Rs 5,800 per sq.ft (2024)
• Anna Sami Street: Rs 4,400 per sq.ft (2024)
• Arcot Salai (N.S.K.Salai): Rs 11,000 per sq.ft (2024)
• Arokiasamy Street: Rs 5,000 per sq.ft (2024)
• Anna Main Road Chennai-24: Rs 8,200 per sq.ft (2024)
• Annal Kamarajar Street: Rs 5,800 per sq.ft (2024)

Stamp duty and registration fee for property in Anusuya Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value amounts to Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, making the total fees together Rs 6,39,000. It is important to 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 Anusuya Street?

Anusuya Street falls under the jurisdiction of the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Puliyur. It serves as a benchmark for determining the minimum sale price of a property, ensuring that the transaction is recorded accurately and fairly in the official records.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs associated with property transactions. This ensures that both buyers and sellers are aware of the financial implications involved in the registration process.

Frequently asked questions

What is the current guideline value of Anusuya Street?

The current guideline value of Anusuya Street is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 931 per sq.ft in 2003 to Rs 7,100 per sq.ft in 2024, reflecting an overall increase of 663% over the years.

What is the land classification of Anusuya Street?

Anusuya Street is classified as Residential Special Type - II, indicating its designated use for residential purposes.

Where can I find the Sub Registrar Office for Anusuya Street?

The Kodambakkam Sub Registrar Office, which covers Anusuya Street, is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is stamp duty calculated for properties in Anusuya Street?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property valued at Rs 71,00,000 would incur a stamp duty of Rs 4,97,000 at 7%.