Guideline Value for Anandapuram Jagajeevanram Street

Anandapuram Jagajeevanram Street guideline value

The current guideline value of Anandapuram Jagajeevanram 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 Jagajeevanram Street has changed

Over the years, the guideline value for Anandapuram Jagajeevanram Street has seen several revisions. The 2012 revision set the value at Rs 2,700 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,809 per sq.ft. The 2023 revision increased the value to Rs 2,700 per sq.ft, and the most recent 2024 revision has raised it to Rs 2,900 per sq.ft, reflecting a 7% increase from the previous year.

It is important to note that there are no figures available for Anandapuram Jagajeevanram Street in the revisions for the years 2002, 2003, and 2007. 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 a 2024 guideline value ranging from Rs 850 to Rs 6,500 per sq.ft. The median value among these streets is Rs 2,200 per sq.ft, placing Anandapuram Jagajeevanram Street above this median.

• Anandapuram Ist Cross Street Ambedkar Street: Rs 2,900 per sq.ft (2024)
• Anandapuram M.G.R Street: Rs 2,900 per sq.ft (2024)
• Anandapuram Annai Therasa Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 6th Street Nehruji Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 5th Main Road Karunanidhi Street: Rs 2,900 per sq.ft (2024)
• Anandapuram 4th Street Aringer Anna Street: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Anandapuram Jagajeevanram Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,900 per sq.ft, the total 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, making the total charges Rs 2,61,000. It is essential to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Anandapuram Jagajeevanram Street?

The Anandapuram Jagajeevanram Street falls under 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 in property transactions in Selaiyur. It serves as a benchmark for determining the minimum value at which properties can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during transactions.

When registering a property, the guideline value is used to calculate stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Anandapuram Jagajeevanram Street?

The current guideline value of Anandapuram Jagajeevanram 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, representing a 7% increase. It was Rs 1,809 per sq.ft in 2017 and Rs 2,700 per sq.ft in 2012, showing fluctuations over the years.

What is the land classification for Anandapuram Jagajeevanram Street?

Anandapuram Jagajeevanram Street is classified as Residential Special Type - I, indicating its suitability for residential development.

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.

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, a property valued at Rs 29,00,000 would incur a stamp duty of Rs 2,03,000 at 7%.