Guideline Value for Anjugam Nagar 3rd Street

Anjugam Nagar 3rd Street guideline value

The current guideline value of Anjugam Nagar 3rd 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 Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of Anjugam Nagar 3rd Street has changed

The guideline value for Anjugam Nagar 3rd Street has undergone several revisions over the years. The 2007 revision set the value at Rs 1,000 per sq.ft. This figure saw a significant increase in the 2012 revision, which maintained the value at Rs 4,000 per sq.ft. The value remained unchanged in the 2023 revision, but the 2024 revision increased it to Rs 4,400 per sq.ft, reflecting a 10% rise from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 340%. Notably, there are no figures recorded for the years 2002, 2003, and 2017 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, with a median value of Rs 3,300 per sq.ft. Anjugam Nagar 3rd Street's 2024 figure of Rs 4,400 per sq.ft is above this median.

• Anjugam Nagar 4th Cross Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 3rd Cross Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 2nd Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 4th Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 2nd Cross Street: Rs 4,400 per sq.ft (2024)
• Anjugam Nagar 5th Cross Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anjugam Nagar 3rd Street

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

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

Which Sub Registrar Office covers Anjugam Nagar 3rd Street?

Anjugam Nagar 3rd Street is covered by the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Kolathur. It is used to determine the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the current guideline value as it directly impacts the costs involved in the transaction. Ensuring that you have the latest figures can help in making informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Anjugam Nagar 3rd Street?

The current guideline value of Anjugam Nagar 3rd Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2007 revision, the guideline value has increased from Rs 1,000 per sq.ft to Rs 4,400 per sq.ft in 2024, marking a total increase of 340%.

What is the land classification for Anjugam Nagar 3rd Street?

Anjugam Nagar 3rd Street is classified as Residential Special Type - I.

Where can I find the Sembiam Sub Registrar Office?

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

How is the stamp duty calculated for properties in Anjugam Nagar 3rd Street?

The stamp duty for properties is calculated based on the guideline value or the sale price, whichever is higher. For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 3,08,000.