Guideline Value for Anandapuram 2nd Main Road Vallalar Street

Anandapuram 2nd Main Road Vallalar Street guideline value

The current guideline value for Anandapuram 2nd Main Road Vallalar Street is Rs 2,900 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village under the Selaiyur Sub Registrar Office (SRO), with a land classification of Residential Special Type - I.

How the guideline value of Anandapuram 2nd Main Road Vallalar Street has changed

The guideline value for Anandapuram 2nd Main Road Vallalar Street has undergone several revisions over the years. The earliest available revision is from 2012, where the guideline value was Rs 2,700 per sq.ft. This figure was then revised to Rs 1,809 per sq.ft in 2017, marking a decrease of 33%. Following this, the value increased significantly to Rs 2,700 per sq.ft in 2023, and further to Rs 2,900 per sq.ft in 2024, reflecting a 7% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 7%.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO, with guideline values ranging from Rs 850 to Rs 6,500 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, which indicates that Anandapuram 2nd Main Road Vallalar Street's 2024 figure is above that median.

• Anandapuram 1st Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 2nd Street Bharathiyar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 3rd Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 3rd Street Arumuganar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 4th Street Aringer Anna Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 5th Main Road Karunanidhi Street: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Anandapuram 2nd Main Road Vallalar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,900 per sq.ft, the total guideline value would be Rs 29,00,000. The stamp duty at 7% would amount to Rs 2,03,000, and the registration fee at 2% would be Rs 58,000. Together, the total cost would be Rs 2,61,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anandapuram 2nd Main Road Vallalar Street?

The Anandapuram 2nd Main Road Vallalar Street falls under the Selaiyur Sub Registrar Office. The address is No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Selaiyur. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, the guideline value is used to determine the minimum price at which a property can be registered. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Anandapuram 2nd Main Road Vallalar Street?

The current guideline value for Anandapuram 2nd Main Road Vallalar Street is Rs 2,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,700 per sq.ft in 2023 to Rs 2,900 per sq.ft in 2024. It was Rs 1,809 per sq.ft in 2017 and Rs 2,700 per sq.ft in 2012.

What is the land classification for Anandapuram 2nd Main Road Vallalar Street?

The land classification for Anandapuram 2nd Main Road Vallalar Street is Residential Special Type - I.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is stamp duty calculated for properties in Selaiyur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 29,00,000, the stamp duty would be Rs 2,03,000 at 7%.