Guideline Value for Anuman Nagar Kamaraj Street

Anuman Nagar Kamaraj Street guideline value

The current guideline value of Anuman Nagar Kamaraj Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Anuman Nagar Kamaraj Street has changed

Over the years, the guideline value of Anuman Nagar Kamaraj Street has seen several revisions. The most recent revision in 2024 set the value at Rs 1,600 per sq.ft, which represents a significant increase of 59% from the 2017 revision of Rs 1,005 per sq.ft. Prior to that, the 2012 revision recorded a value of Rs 1,500 per sq.ft, indicating a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 7%.

It is important to note that the register does not have figures for the years 2023, 2007, 2003, and 2002 for this street. This lack of data means that the changes in those years cannot be assessed.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are a total of 975 streets under the Ambattur SRO that carry a guideline value for 2024, 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, placing Anuman Nagar Kamaraj Street's 2024 figure below that median.

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

Stamp duty and registration fee for property in Anuman Nagar Kamaraj 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 is charged at 7%, which equals Rs 1,12,000, and the registration fee is charged at 2%, amounting to Rs 32,000. Therefore, the total cost for stamp duty and registration fee together is 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 detailed calculations.

Which Sub Registrar Office covers Anuman Nagar Kamaraj Street?

Anuman Nagar Kamaraj Street falls under the jurisdiction of the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation set by the Registration Department.

When a property transaction occurs, the guideline value helps determine the minimum price at which the property can be registered. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Anuman Nagar Kamaraj Street?

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

How has the guideline value changed over the years?

Since 2012, 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 most significant change was from 2017 to 2024, where it increased by 59% from Rs 1,005 per sq.ft.

What is the land classification for Anuman Nagar Kamaraj Street?

Anuman Nagar Kamaraj Street is classified as Residential Class III Type - I, indicating its use for residential purposes.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000 for both fees.

Which office handles property registrations for Anuman Nagar Kamaraj Street?

The Ambattur Sub Registrar Office handles property registrations for Anuman Nagar Kamaraj Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.