Guideline Value for Anuman Nagar Alexander Street

Anuman Nagar Alexander Street guideline value

The current guideline value for Anuman Nagar Alexander Street is Rs 1,600 per sq.ft. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Anuman Nagar Alexander Street has changed

The guideline value for Anuman Nagar Alexander Street has seen several revisions over the years. In the 2012 revision, the value was Rs 1,500 per sq.ft, which decreased to Rs 1,005 per sq.ft in the 2017 revision. The current value, effective from 1 July 2024, is Rs 1,600 per sq.ft, marking a significant increase of 59% from 2017 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 7%.

It is important to note that there are no figures available for the revisions in 2023, 2007, 2003, and 2002 for this street. The previous revisions show a decrease of 33% from 2012 to 2017, followed by the current increase.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, indicating that Anuman Nagar Alexander Street's 2024 figure of Rs 1,600 per sq.ft is below the median.

• Anuman Nagar: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Ambedkar 1st Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Ambedkar 2st Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar kakkanji Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Kamaraj Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Kattabomman Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Anuman Nagar Alexander Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, making the total fees together Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on fees applicable to your property transactions.

Which Sub Registrar Office covers Anuman Nagar Alexander Street?

The Sub Registrar Office that covers Anuman Nagar Alexander Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must be aware that the guideline value is used to calculate stamp duty and registration fees during the transaction process.

When a property is sold, the registration office uses the guideline value to ensure that the property is not undervalued. This helps in maintaining transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value for Anuman Nagar Alexander Street?

The current guideline value for Anuman Nagar Alexander Street is Rs 1,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, marking an overall increase of 7%. The value decreased to Rs 1,005 per sq.ft in 2017 before increasing again.

What is the land classification for Anuman Nagar Alexander Street?

Anuman Nagar Alexander Street falls under the Residential Class III Type - I land classification.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Anuman Nagar Alexander Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 at a rate of 7%.