Guideline Value

Corporate

Guideline Value for Anbu Nagar 11th Street

₹2750/sq.ft.

The guideline value for Anbu Nagar 11th Street in Nerkundram village (Virugambakkam SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nerkundram

Village

Virugambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /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)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Anbu Nagar 11th Street

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Anbu Nagar 11th Street guideline value

The current guideline value of Anbu Nagar 11th Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Nerkundram village, under the Virugambakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of Anbu Nagar 11th Street has changed

The guideline value for Anbu Nagar 11th Street has undergone several revisions over the years. In the 2007 revision, the value was Rs 400 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in 2012. However, this figure then decreased to Rs 1,675 per sq.ft in 2017. The 2023 revision saw a notable increase to Rs 2,500 per sq.ft, and the current 2024 revision has further raised the value to Rs 2,750 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 588%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Nerkundram

Nerkundram has a total of 476 streets under the Virugambakkam SRO, with guideline values ranging from Rs 1,650 to Rs 6,600 per sq.ft as of 2024. The median guideline value in this village is Rs 2,200 per sq.ft, indicating that Anbu Nagar 11th Street's 2024 figure is above this median.

Stamp duty and registration fee for property in Anbu Nagar 11th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, while the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anbu Nagar 11th Street?

The Sub Registrar Office that covers Anbu Nagar 11th Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Nerkundram. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the value of the property being transacted.

When buying or selling property, the guideline value helps in determining the legal value of the property for registration purposes. Buyers and sellers should be aware that the guideline value can influence the overall costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Anbu Nagar 11th Street?

The current guideline value of Anbu Nagar 11th Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 400 per sq.ft in 2007 to Rs 2,750 per sq.ft in 2024, which is an overall increase of 588% from the 2007 revision.

What is the median guideline value in Nerkundram?

The median guideline value in Nerkundram is Rs 2,200 per sq.ft, with Anbu Nagar 11th Street's current value being above this median.

What are the stamp duty and registration fees for a property in Anbu Nagar 11th Street?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 27,50,000, with stamp duty at Rs 1,92,500 and registration fee at Rs 55,000, totaling Rs 2,47,500.

Which office handles property registrations for Anbu Nagar 11th Street?

The Virugambakkam Sub Registrar Office handles property registrations for Anbu Nagar 11th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.