Guideline Value for Anubav Green Rich Village

Anubav Green Rich Village guideline value

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

How the guideline value of Anubav Green Rich Village has changed

The guideline value for Anubav Green Rich Village has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged through the 2017 revision. In 2017, the value was Rs 402 per sq.ft, reflecting a decrease of 33% from 2012. The 2023 revision brought the value back to Rs 600 per sq.ft, which remained the same in the 2024 revision, showing no change between these two years. 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%, leading to the current guideline value of Rs 600 per sq.ft. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained stable, with no change.

Guideline values in Podavoor

In Podavoor, there are 20 streets under the Sunguvarchattram SRO with a 2024 guideline value ranging from Rs 181 to Rs 600 per sq.ft. The median value is Rs 250 per sq.ft, placing Anubav Green Rich Village's 2024 figure above this median.

• Anubav Green Land: 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 Rich Village

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the 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, totaling Rs 54,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anubav Green Rich Village?

The Sub Registrar Office that covers Anubav Green Rich Village 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 details.

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

The guideline value is a crucial factor when registering property in Podavoor. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for both buyers and sellers to be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Anubav Green Rich Village?

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

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revisions being Rs 600 per sq.ft in both 2023 and 2024. The value was Rs 402 per sq.ft in 2017 and Rs 600 per sq.ft in 2012, showing fluctuations over the years.

What is the stamp duty for property in Anubav Green Rich Village?

The stamp duty for property in Anubav Green Rich Village is calculated at 7% of the guideline value. For a property valued at Rs 6,00,000, the stamp duty would amount to Rs 42,000.

Which Sub Registrar Office covers this village?

The Sunguvarchattram Sub Registrar Office covers Anubav Green Rich Village. It is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as a reference point for both buyers and sellers to ensure that the property is registered at a fair value.