Guideline Value for Anu Garden

Anu Garden guideline value

The current guideline value of Anu Garden, located in Chikkarayapuram village under the Kunrathur SRO, is Rs 1,980 per sq.ft. This value is effective from 1 July 2024 and falls under the land classification of Mixed Special Type - I.

How the guideline value of Anu Garden has changed

The guideline value for Anu Garden has seen significant changes over the years. In 2003, the guideline value was Rs 52 per sq.ft, which increased to Rs 300 per sq.ft in 2007. This was a substantial rise of 477%. The value then rose to Rs 1,400 per sq.ft in 2012, marking an increase of 367%. However, from 2012 to 2017, the value decreased to Rs 938 per sq.ft, a decline of 33%. The value then surged to Rs 1,800 per sq.ft in 2023, reflecting a remarkable increase of 92%. Finally, the current guideline value stands at Rs 1,980 per sq.ft, showing a 10% increase from the previous year.

It is important to note that there is no figure available for the year 2002 in the register for this street.

Guideline values in Chikkarayapuram

In Chikkarayapuram, there are 61 streets under the Kunrathur SRO that carry a guideline value for 2024, ranging from Rs 1,430 to Rs 2,800 per sq.ft. The median guideline value is Rs 1,980 per sq.ft, which is the same as the current value for Anu Garden.

• Anu Annexe: Rs 1,980 per sq.ft (2024)
• Anjaneya Avenue: Rs 2,130 per sq.ft (2024)
• Babu Garden Phase II&III: Rs 1,980 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,980 per sq.ft (2024)
• Bakyam Nagar: Rs 1,760 per sq.ft (2024)
• Balaji Avenue: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Anu Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. 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 details.

Which Sub Registrar Office covers Anu Garden?

The Sub Registrar Office that covers Anu Garden is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Chikkarayapuram. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair price.

When you register a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anu Garden?

The current guideline value of Anu Garden is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 52 per sq.ft in 2003 and rising to Rs 1,980 per sq.ft in 2024, an overall increase of 3708%.

What is the land classification for Anu Garden?

Anu Garden falls under the land classification of Mixed Special Type - I.

What are the stamp duty rates for property in Anu Garden?

The stamp duty rate for property in Anu Garden is 7%, while the registration fee is 2% of the guideline value or the sale price, whichever is higher.

Which office do I need to visit for registration in Anu Garden?

The Kunrathur Sub Registrar Office is responsible for property registration in Anu Garden, located at No.59, Road Street, Kundrathur, Chennai -600 069.