Guideline Value for Anjukam Street

Anjukam Street guideline value

The current guideline value of Anjukam Street is Rs 2,310 per sq.ft, effective from 1 July 2024. This street is located in Perungalathur village under the Padappai SRO, classified as Residential Class II Type - I.

How the guideline value of Anjukam Street has changed

Over the years, the guideline value of Anjukam Street has seen significant changes. In the 2007 revision, the value was Rs 250 per sq.ft, which increased dramatically to Rs 2,100 per sq.ft in the 2012 revision, marking a rise of 740%. However, in the 2017 revision, the value decreased to Rs 1,407 per sq.ft, reflecting a drop of 33%. The 2023 revision set the value at Rs 2,100 per sq.ft, which was then increased to Rs 2,310 per sq.ft in the 2024 revision, showing a growth of 10% from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from the 2007 revision to the 2024 revision, the guideline value has risen by 824%. It is important to note that the register has no figures for Anjukam Street for the years 2002 and 2003.

Guideline values in Perungalathur

In Perungalathur, there are 411 streets under the Padappai SRO with a 2024 guideline value ranging from Rs 1,320 to Rs 5,500 per sq.ft. Anjukam Street's current guideline value of Rs 2,310 per sq.ft is equal to the median value for the village.

• A.N.Nagar - Annam Street: Rs 3,960 per sq.ft (2024)
• Annai Ramabai Street: Rs 1,980 per sq.ft (2024)
• Annai Therasa II Street: Rs 2,310 per sq.ft (2024)
• Annai Therasa I Street: Rs 2,310 per sq.ft (2024)
• Annai Therasa Nagar and Extn: Rs 2,310 per sq.ft (2024)
• Anand Avenue: Rs 2,970 per sq.ft (2024)

Stamp duty and registration fee for property in Anjukam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,310 per sq.ft, the total guideline value amounts to Rs 23,10,000. The stamp duty at 7% would be Rs 1,61,700, and the registration fee at 2% would be Rs 46,200, leading to a total of Rs 2,07,900. Please note that the 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 information.

Which Sub Registrar Office covers Anjukam Street?

Anjukam Street falls under the jurisdiction of the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property registration in Perungalathur. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is in line with government regulations.

When buying or selling property, the guideline value helps in establishing a fair price for the property. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anjukam Street?

The current guideline value of Anjukam Street is Rs 2,310 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 250 per sq.ft in 2007 to Rs 2,310 per sq.ft in 2024, showing an overall increase of 824% over the years.

What is the classification of land on Anjukam Street?

Anjukam Street is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the registration office for Anjukam Street?

The registration office for Anjukam Street is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is stamp duty calculated for properties on Anjukam Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 2,310 per sq.ft has a total guideline value of Rs 23,10,000.