Guideline Value for Anuman Nagar Periyar Street

Anuman Nagar Periyar Street guideline value

The current guideline value of Anuman Nagar Periyar 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 it falls under the Residential Class III Type - I land classification.

How the guideline value of Anuman Nagar Periyar Street has changed

The guideline value for Anuman Nagar Periyar Street has undergone several revisions over the years. In 2012, the guideline value was set at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 1,005 per sq.ft, marking a decrease of 33%. The subsequent revision in 2023 saw an increase to Rs 1,500 per sq.ft, followed by the latest revision in 2024, which raised the value to Rs 1,600 per sq.ft, reflecting a 7% increase.

Looking at the changes between the revisions, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 7%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 in this village is Rs 2,400 per sq.ft, which means the 2024 figure for Anuman Nagar Periyar Street is below that median.

• Anuman Nagar Nagathammankoil Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar V.O.C. Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Main Road: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Kattabomman Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Kamaraj Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar kakkanji Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Anuman Nagar Periyar 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, while the registration fee at 2% would be Rs 32,000, bringing the total fees to 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 detailed calculations.

Which Sub Registrar Office covers Anuman Nagar Periyar Street?

Anuman Nagar Periyar 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. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, thus influencing the overall cost of the transaction.

Frequently asked questions

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

The current guideline value of Anuman Nagar Periyar 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 has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,600 per sq.ft in 2024.

What are the stamp duty and registration fees for property transactions?

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. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Anuman Nagar Periyar Street?

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

What is the land classification for Anuman Nagar Periyar Street?

Anuman Nagar Periyar Street is classified under Residential Class III Type - I, which indicates its suitability for residential purposes.