Guideline Value for Anuman Nagar Kattabomman Street

Anuman Nagar Kattabomman Street guideline value

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

How the guideline value of Anuman Nagar Kattabomman Street has changed

The guideline value for Anuman Nagar Kattabomman Street has undergone several revisions. The 2012 revision set the value at Rs 1,500 per sq.ft, which decreased to Rs 1,005 per sq.ft in the 2017 revision, marking a decline of 33%. However, the latest 2024 revision reflects a significant increase, bringing the guideline value back up to Rs 1,600 per sq.ft, which is a 59% increase from the 2017 figure.

Overall, comparing the values from 2012 to 2024, there has been a slight increase of 7%. It is important to note that the register has no figure for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value of Anuman Nagar Kattabomman Street is below this median.

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

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

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the 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, totaling 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anuman Nagar Kattabomman Street?

The Sub Registrar Office that covers Anuman Nagar Kattabomman 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 more information.

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

The guideline value is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

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 and fees. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, and then to Rs 1,600 per sq.ft in 2024. This reflects a decline from 2012 to 2017, followed by a significant increase to the current value.

What is the land classification of Anuman Nagar Kattabomman Street?

Anuman Nagar Kattabomman Street is classified as Residential Class III Type - I, which indicates its suitability for residential development.

What are the stamp duty rates applicable in Thirumullaivoyal?

The stamp duty rate applicable in Thirumullaivoyal is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anuman Nagar Kattabomman Street?

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