Guideline Value for Anandapuram 3rd Street Arumuganar Street

Anandapuram 3rd Street Arumuganar Street guideline value

The current guideline value of Anandapuram 3rd Street Arumuganar Street is Rs 2,900 per sq.ft as per the 2024 revision, 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 3rd Street Arumuganar Street has changed

The guideline value for Anandapuram 3rd Street Arumuganar Street has undergone several revisions over the years. In 2007, the guideline value was Rs 450 per sq.ft, which increased significantly to Rs 2,700 per sq.ft in 2012, marking a 500% rise. However, this value saw a decrease of 33% to Rs 1,809 per sq.ft in 2017. The value then increased to Rs 2,700 per sq.ft in 2023, followed by a further increase to the current rate of Rs 2,900 per sq.ft in 2024, which is a 7% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 544%.

Guideline values in Selaiyur

In Selaiyur village, there are 478 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,500 per sq.ft, with the median value being Rs 2,200 per sq.ft. The guideline value of Anandapuram 3rd Street Arumuganar Street is above this median.

• Anandapuram 3rd Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 4th Street Aringer Anna Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 2nd Street Bharathiyar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 5th Main Road Karunanidhi Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 2nd Main Road Vallalar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 6th Street Nehruji Street: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Anandapuram 3rd Street Arumuganar 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, bringing the total to Rs 2,61,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anandapuram 3rd Street Arumuganar Street?

The Anandapuram 3rd Street Arumuganar Street is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within 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 in the registration process when buying or selling property in Selaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees, which are mandatory for completing the sale. This ensures that all transactions are transparent and comply with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Anandapuram 3rd Street Arumuganar Street?

The current guideline value of Anandapuram 3rd Street Arumuganar Street is Rs 2,900 per sq.ft as per the 2024 revision.

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 are the other streets in Selaiyur with the same guideline value?

Several other streets in Selaiyur have the same guideline value of Rs 2,900 per sq.ft for 2024, including Anandapuram 3rd Main Road Vallalar Street and Anandapuram 4th Street Aringer Anna Street.

What is the registration fee for property in Anandapuram 3rd Street Arumuganar Street?

The registration fee is calculated at 2% of the guideline value. For a 1,000 sq.ft plot, the registration fee would be Rs 58,000.

Where can I find the Selaiyur Sub Registrar Office?

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