Guideline Value for Anjugam Nagar 1st Cross Street

Anjugam Nagar 1st Cross Street guideline value

The current guideline value of Anjugam Nagar 1st Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Kolathur village and falls under the Sembiam SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Anjugam Nagar 1st Cross Street has changed

The guideline value for Anjugam Nagar 1st Cross Street has seen several revisions over the years. In 2007, the guideline value was Rs 1,000 per sq.ft. This figure remained unchanged until the 2012 revision, which also recorded Rs 4,000 per sq.ft. The 2023 revision maintained the same value of Rs 4,000 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 4,400 per sq.ft, marking a 10% rise from the previous year.

Overall, from the 2007 revision to the current 2024 figure, there has been a significant increase of 340%. The revisions for the years 2017, 2003, and 2002 do not have any figures recorded for this street.

Guideline values in Kolathur

In Kolathur, there are 879 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 6,000 per sq.ft. The median guideline value in this area is Rs 3,300 per sq.ft, which means that Anjugam Nagar 1st Cross Street's 2024 figure is above that median.

• Anjugam Nagar 19th Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 18th Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 1st Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 18th Cross Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 17th Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 2nd Cross Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anjugam Nagar 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total cost to Rs 3,96,000. It's important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anjugam Nagar 1st Cross Street?

The Sub Registrar Office that covers Anjugam Nagar 1st 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 Kolathur

The guideline value plays a crucial role in the registration of property transactions in Kolathur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

Frequently asked questions

What is the current guideline value of Anjugam Nagar 1st Cross Street?

The current guideline value of Anjugam Nagar 1st Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,000 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, representing an overall increase of 340%.

What is the land classification for Anjugam Nagar 1st Cross Street?

The land classification for Anjugam Nagar 1st Cross Street is Residential Special Type - I.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles registrations for this area?

The Sembiam Sub Registrar Office at 5, Papermills Road, Sembiam, Chennai - 600011, handles registrations for Anjugam Nagar 1st Cross Street.