Guideline Value for Anjugam Street, , Chennai 82

Anjugam Street, , Chennai 82 guideline value

The current guideline value of Anjugam Street, , Chennai 82 is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Ayanavaram village and falls under the AnnaNagar SRO, classified as Residential Class II Type - I.

How the guideline value of Anjugam Street, , Chennai 82 has changed

The guideline value for Anjugam Street has undergone several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 1,200 per sq.ft. This figure increased significantly to Rs 4,000 per sq.ft in 2012, marking a rise of 233%. However, between 2012 and 2017, the value decreased to Rs 2,680 per sq.ft, a drop of 33%. The value then rose again to Rs 4,000 per sq.ft in 2023, followed by the most recent increase to Rs 4,400 per sq.ft in 2024, which is a 10% increase from the previous year.

In summary, the guideline value has seen a substantial overall increase from Rs 1,200 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, representing a total rise of 267%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ayanavaram

Ayanavaram has a total of 369 streets under the AnnaNagar SRO, with guideline values ranging from Rs 2,700 to Rs 20,000 per sq.ft as of 2024. The median guideline value for these streets is Rs 4,900 per sq.ft, indicating that Anjugam Street's 2024 figure is below this median.

• Annai Anjugam Nagar, Chennai 82: Rs 4,400 per sq.ft (2024)
• Annai Therasa Street, Chennai 82 (Venkatesa Nagar): Rs 4,400 per sq.ft (2024)
• Ananda Vinayakar Street, Chennai 82: Rs 4,400 per sq.ft (2024)
• Ananda Vinayagar koil street & 1st, 2nd street: Rs 4,400 per sq.ft (2024)
• Anandan Street, Chennai 82: Rs 4,400 per sq.ft (2024)
• Amman Koil Street, Chennai 82: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anjugam Street, , Chennai 82

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, while the registration fee at 2% would be Rs 88,000. Together, these fees would total Rs 3,96,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anjugam Street, , Chennai 82?

The Sub Registrar Office that covers Anjugam Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process for property transactions in Ayanavaram. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that must be paid. This ensures that the transaction is recorded at a value that reflects the official rates set by the government.

It is essential for buyers and sellers to be aware of the guideline value as it directly impacts the costs associated with property transactions. Understanding these values helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Anjugam Street?

The current guideline value of Anjugam Street, , Chennai 82 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 from Rs 1,200 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 267% over the years.

What is the registration office for Anjugam Street?

The registration office covering Anjugam Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What are the stamp duty and registration fees for properties in Anjugam Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 3,96,000, which includes Rs 3,08,000 in stamp duty and Rs 88,000 in registration fees.

What is the land classification for Anjugam Street?

Anjugam Street is classified as Residential Class II Type - I under the guideline value register.