Guideline Value for Anbu nagar 106,109,110,111,126,137

Anbu nagar 106,109,110,111,126,137 guideline value

The current guideline value for Anbu nagar 106,109,110,111,126,137 is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Thirumazhisai village, under the Poonamallee SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Anbu nagar 106,109,110,111,126,137 has changed

The guideline value for Anbu nagar has seen significant changes over the years. In the 2007 revision, the value was Rs 150 per sq.ft, which increased dramatically to Rs 1,000 per sq.ft in 2012, marking a rise of 567%. However, between 2012 and 2017, the value decreased to Rs 670 per sq.ft, a drop of 33%. The subsequent revision in 2017 brought the value up to Rs 1,000 per sq.ft, followed by an increase to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 has set the value at Rs 1,100 per sq.ft, reflecting a 10% 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 633%.

Guideline values in Thirumazhisai

In Thirumazhisai, there are 86 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 730 to Rs 3,500 per sq.ft. The median value for these streets is Rs 1,320 per sq.ft, placing Anbu nagar's 2024 figure below this median.

• Adthavan nagar: Rs 1,100 per sq.ft (2024)
• Arivolinagar: Rs 1,100 per sq.ft (2024)
• A.S.R City: Rs 1,320 per sq.ft (2024)
• A.S.R In Papa City: Rs 1,320 per sq.ft (2024)
• Athukkal street: Rs 1,100 per sq.ft (2024)
• Balajinagar 100/1,100/2A: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu nagar 106,109,110,111,126,137

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, leading to a total cost of Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu nagar 106,109,110,111,126,137?

The Sub Registrar Office that covers Anbu nagar is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Thirumazhisai. It is used to determine the stamp duty and registration fees that are payable when a property is bought or sold. Buyers and sellers must be aware of the current guideline value to ensure they comply with the legal requirements during the registration process.

When registering a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anbu nagar?

The current guideline value of Anbu nagar 106,109,110,111,126,137 is Rs 1,100 per sq.ft, effective from 1 July 2024.

What was the guideline value in previous years?

The guideline values for Anbu nagar in previous years were Rs 1,000 per sq.ft in 2023, Rs 670 per sq.ft in 2017, Rs 1,000 per sq.ft in 2012, and Rs 150 per sq.ft in 2007.

How has the guideline value changed over the years?

From 2007 to 2024, the guideline value has increased by 633%. The most significant change occurred from 2007 to 2012, where it rose by 567%, followed by a decrease from 2012 to 2017 of 33%.

Where can I find more information about stamp duty and registration fees?

For detailed information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu nagar?

The Poonamallee Sub Registrar Office covers Anbu nagar, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.