Guideline Value for Anugraha Avenue

Anugraha Avenue guideline value

The current guideline value of Anugraha Avenue is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Thandalam village under the Pammal SRO and is classified as Residential Class I Type - I.

How the guideline value of Anugraha Avenue has changed

Since the 2017 revision, the guideline value for Anugraha Avenue has seen significant changes. In 2017, the value was Rs 737 per sq.ft. This increased to Rs 1,100 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 shows a further increase of 10%, bringing the value to Rs 1,210 per sq.ft.

It should be noted that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thandalam

In Thandalam, there are 56 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median value is Rs 1,210 per sq.ft, which is the same as the guideline value for Anugraha Avenue.

• Anugraha Avenue Extn: Rs 1,210 per sq.ft (2024)
• Anna Nagar (ward 6): Rs 1,210 per sq.ft (2024)
• Anna Nagar (ward 5): Rs 1,210 per sq.ft (2024)
• Annai Theresa Nagar: Rs 990 per sq.ft (2024)
• Amman Koil Street: Rs 1,210 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraha Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. It is important to note that 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 information.

Which Sub Registrar Office covers Anugraha Avenue?

The Sub Registrar Office that covers Anugraha Avenue is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

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

When buying or selling property, the guideline value helps both parties understand the fair valuation of the property. It is essential for buyers to be aware of this value to ensure compliance with legal and financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Anugraha Avenue?

The current guideline value of Anugraha Avenue is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the stamp duty rate for properties in Anugraha Avenue?

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

Where can I find the Sub Registrar Office for Anugraha Avenue?

The Sub Registrar Office for Anugraha Avenue is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

What are the other streets in Thandalam with similar guideline values?

Other streets in Thandalam, such as Anugraha Avenue Extn, Anna Nagar (ward 6), and Bajanai Koil Street, also have a guideline value of Rs 1,210 per sq.ft for 2024.