Guideline Value for Anandapuram 2nd Street Bharathiyar Street

Anandapuram 2nd Street Bharathiyar Street guideline value

The current guideline value of Anandapuram 2nd Street Bharathiyar Street is Rs 2,900 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village, under the Selaiyur SRO, and is classified as Residential Special Type - I.

How the guideline value of Anandapuram 2nd Street Bharathiyar Street has changed

Over the years, the guideline value of Anandapuram 2nd Street Bharathiyar Street has seen several revisions. The 2007 revision set the guideline value at Rs 450 per sq.ft, which increased significantly to Rs 2,700 per sq.ft in 2012, marking a 500% rise. However, the value then decreased to Rs 1,809 per sq.ft in 2017, a drop of 33% from the previous revision.

From 2017 to 2023, the guideline value rose sharply by 49% to Rs 2,700 per sq.ft, and then it increased further by 7% to the current value of Rs 2,900 per sq.ft in the 2024 revision. The register has no figure for this street for the years 2002 and 2003.

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, making the 2024 guideline value of Anandapuram 2nd Street Bharathiyar Street above this median.

• Anandapuram 2nd Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 3rd Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 1st 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 Street Bharathiyar Street

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 29,00,000. The stamp duty at 7% would be Rs 2,03,000, and the registration fee at 2% would be Rs 58,000, bringing the total to Rs 2,61,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anandapuram 2nd Street Bharathiyar Street?

The Sub Registrar Office that covers Anandapuram 2nd Street Bharathiyar Street is the Selaiyur Sub Registrar Office, located at 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 is a crucial factor during property registration in Selaiyur. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees. Buyers should be aware that the duty is charged based on the higher of the guideline value or the sale price, which may affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Anandapuram 2nd Street Bharathiyar Street?

The current guideline value of Anandapuram 2nd Street Bharathiyar 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 significantly from Rs 450 per sq.ft in 2007 to Rs 2,900 per sq.ft in 2024, reflecting an overall increase of 544% over the years.

What is the land classification for this street?

Anandapuram 2nd Street Bharathiyar Street is classified as Residential Special Type - I, indicating its designated use for residential purposes.

What is the range of guideline values in Selaiyur?

The guideline values in Selaiyur range from Rs 850 to Rs 6,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Anandapuram 2nd Street Bharathiyar Street's 2024 value is above this median.

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.