Guideline Value for Anubav Green Land

Anubav Green Land guideline value

The current guideline value of Anubav Green Land is Rs 600 per sq.ft, effective from 1 July 2024. This property is located in Podavoor village, under the Sunguvarchattram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Anubav Green Land has changed

The guideline value for Anubav Green Land has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was set at Rs 600 per sq.ft. This was followed by a decrease to Rs 402 per sq.ft in the 2017 revision. The 2023 revision returned the value to Rs 600 per sq.ft, and the same value has been maintained in the 2024 revision, showing no percentage change from 2023 to 2024. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2017 to 2023, there was a significant increase of 49%, while from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value remains unchanged at Rs 600 per sq.ft.

Guideline values in Podavoor

In Podavoor, there are 20 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 181 to Rs 600 per sq.ft, with a median value of Rs 250 per sq.ft. Anubav Green Land's 2024 guideline value is above this median.

• Anubav Green Rich Village: Rs 600 per sq.ft (2024)
• Ayyar Street: Rs 181 per sq.ft (2024)
• Ambethkar Street: Rs 181 per sq.ft (2024)
• Bajanai Kovil Street: Rs 300 per sq.ft (2024)
• Achari Street: Rs 300 per sq.ft (2024)
• Chemman Kuttai Street: Rs 181 per sq.ft (2024)

Stamp duty and registration fee for property in Anubav Green Land

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total cost for these fees to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anubav Green Land?

The Sub Registrar Office that covers Anubav Green Land is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Podavoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the transaction is recorded accurately, reflecting the value of the property in the official records.

Frequently asked questions

What is the current guideline value of Anubav Green Land?

The current guideline value of Anubav Green Land is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has experienced various changes, with the most recent revisions being Rs 600 per sq.ft in both 2023 and 2024, and a decrease to Rs 402 per sq.ft in 2017 from Rs 600 per sq.ft in 2012.

What are the other streets in Podavoor with their guideline values?

Other streets in Podavoor include Anubav Green Rich Village at Rs 600 per sq.ft, Ayyar Street and Ambethkar Street at Rs 181 per sq.ft, Bajanai Kovil Street and Achari Street at Rs 300 per sq.ft, and Chemman Kuttai Street at Rs 181 per sq.ft.

What is the stamp duty rate for properties in Anubav Green Land?

The stamp duty rate for properties in Anubav Green Land is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anubav Green Land?

The Sub Registrar Office for Anubav Green Land is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.