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Guideline Value

Corporate

Guideline Value for Anbazhagan Nagar 4th Cross Street

₹1900/sq.ft.

The guideline value for Anbazhagan Nagar 4th Cross Street in Sembiam village (Sembiam SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anbazhagan Nagar 4th Cross Street

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Anbazhagan Nagar 4th Cross Street guideline value

The current guideline value of Anbazhagan Nagar 4th Cross Street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Sembiam village and falls under the Sembiam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anbazhagan Nagar 4th Cross Street has changed

The guideline value for Anbazhagan Nagar 4th Cross Street has undergone several revisions since 2007. In 2007, the value was Rs 800 per sq.ft, which increased to Rs 1,800 per sq.ft in 2012, marking a 125% rise. However, it saw a decrease to Rs 1,206 per sq.ft in 2017, which is a drop of 33%. The value then rose significantly to Rs 1,800 per sq.ft in 2023, and currently stands at Rs 1,900 per sq.ft from the 2024 revision, reflecting a 6% increase.

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 138%.

Guideline values in Sembiam

In Sembiam, there are 250 streets under the Sembiam SRO with a 2024 guideline value ranging from Rs 1,700 to Rs 7,100 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, and Anbazhagan Nagar 4th Cross Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Anbazhagan Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. It is important to note that 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 Anbazhagan Nagar 4th Cross Street?

The Sub Registrar Office that covers Anbazhagan Nagar 4th Cross Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sembiam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, impacting the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Anbazhagan Nagar 4th Cross Street?

The current guideline value of Anbazhagan Nagar 4th Cross Street is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2007 to Rs 1,900 per sq.ft in 2024, showing an overall increase of 138% over this period.

What are the stamp duty and registration fees for this street?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000.

Which Sub Registrar Office is responsible for Anbazhagan Nagar 4th Cross Street?

The Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011, is responsible for this street.

What is the land classification for Anbazhagan Nagar 4th Cross Street?

The land classification for Anbazhagan Nagar 4th Cross Street is Residential Class II Type - I.