Guideline Value for Anthoniyar Street (Jebasthiyapuram)

Anthoniyar Street (Jebasthiyapuram) guideline value

The current guideline value of Anthoniyar Street (Jebasthiyapuram) is Rs 2,530 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village and falls under the Tambaram Joint 1 SRO, classified as Residential Special Type - I.

How the guideline value of Anthoniyar Street (Jebasthiyapuram) has changed

The guideline value for Anthoniyar Street (Jebasthiyapuram) has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 500 per sq.ft. This figure increased significantly to Rs 2,300 per sq.ft in the 2012 revision, marking a 360% increase. However, in the 2017 revision, the value dropped to Rs 1,541 per sq.ft, a decrease of 33%. The value then rose sharply to Rs 2,300 per sq.ft in 2023, and finally to Rs 2,530 per sq.ft in the 2024 revision, which represents a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2007 to 2024 revisions, there has been a substantial increase of 406%. It is important to note that the register has no figures for Anthoniyar Street for the years 2002 and 2003.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, placing Anthoniyar Street's value above this median.

• Arul Nagar: Rs 2,200 per sq.ft (2024)
• Arul Nagar Ext: Rs 1,100 per sq.ft (2024)
• Ashok Nagar 1st Main Road: Rs 2,200 per sq.ft (2024)
• Ashok Nagar 2nd Main Road: Rs 2,200 per sq.ft (2024)
• Ashok Nagar East Street: Rs 2,200 per sq.ft (2024)
• Ashok Nagar North Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Anthoniyar Street (Jebasthiyapuram)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value would be Rs 25,30,000. The stamp duty at 7% would amount to Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, bringing the total cost for these fees to Rs 2,27,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anthoniyar Street (Jebasthiyapuram)?

Anthoniyar Street (Jebasthiyapuram) is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Irumpuliyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue in the form of stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property being transacted. 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 Anthoniyar Street (Jebasthiyapuram)?

The current guideline value of Anthoniyar Street (Jebasthiyapuram) is Rs 2,530 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 500 per sq.ft in 2007 to Rs 2,530 per sq.ft in 2024, reflecting an overall increase of 406% over the years.

What is the median guideline value in Irumpuliyur?

The median guideline value in Irumpuliyur is Rs 2,200 per sq.ft, with Anthoniyar Street's 2024 figure being above this median.

What are the stamp duty and registration fees for a property in Anthoniyar Street?

For a property valued at Rs 25,30,000, the stamp duty would be Rs 1,77,100 and the registration fee would be Rs 50,600, totaling Rs 2,27,700.

Which office handles registrations for Anthoniyar Street?

The Tambaram Joint 1 Sub Registrar Office handles registrations for Anthoniyar Street (Jebasthiyapuram), located at No.26, Mes Road, East Tambaram, Chennai-600059.