Guideline Value for Anandam Kabaleeswarar Co-Operative Nagar

Anandam Kabaleeswarar Co-Operative Nagar guideline value

The current guideline value of Anandam Kabaleeswarar Co-Operative Nagar is Rs 600 per sq.ft, effective from 1 July 2024. This area is located in Sokandi village and falls under the Sunguvarchattram SRO. The land classification for this locality is Mixed Special Type - I.

How the guideline value of Anandam Kabaleeswarar Co-Operative Nagar has changed

In the 2017 revision, the guideline value was Rs 402 per sq.ft. This figure remained unchanged at Rs 600 per sq.ft in the 2023 revision and again in the 2024 revision, indicating a 49% increase from 2017 to 2023. The guideline value has not changed from 2023 to 2024, showing a 0% change during that period.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Sokandi

Sokandi village has 35 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 181 to Rs 1,000 per sq.ft, with a median of Rs 300 per sq.ft. The guideline value for Anandam Kabaleeswarar Co-Operative Nagar is above this median.

• Anada Kabaleeswarar Nagar Extn-I: Rs 800 per sq.ft (2024)
• Anandha kabalishwarar nagar extension.: Rs 800 per sq.ft (2024)
• Annai Nagar: Rs 250 per sq.ft (2024)
• Abu Nagar: Rs 275 per sq.ft (2024)
• Arul Nagar: Rs 250 per sq.ft (2024)
• Bharathiyar Street: Rs 275 per sq.ft (2024)

Stamp duty and registration fee for property in Anandam Kabaleeswarar Co-Operative Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total Rs 54,000. Please note that 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 Anandam Kabaleeswarar Co-Operative Nagar?

The Anandam Kabaleeswarar Co-Operative Nagar is covered by the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Sokandi. It determines the amount of stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately in the official register. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Anandam Kabaleeswarar Co-Operative Nagar?

The current guideline value of Anandam Kabaleeswarar Co-Operative Nagar is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 402 per sq.ft to Rs 600 per sq.ft in both the 2023 and 2024 revisions, marking a 49% increase overall.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Anandam Kabaleeswarar Co-Operative Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anandam Kabaleeswarar Co-Operative Nagar?

The Sub Registrar Office covering Anandam Kabaleeswarar Co-Operative Nagar is the Sunguvarchattram SRO, located on Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is the guideline value determined for other streets in Sokandi?

The guideline value for other streets in Sokandi is determined by the Registration Department and varies from Rs 181 to Rs 1,000 per sq.ft, depending on the specific street and its classification.