Guideline Value for Anuman Nagar V.O.C. Street

Anuman Nagar V.O.C. Street guideline value

The current guideline value of Anuman Nagar V.O.C. 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 V.O.C. Street has changed

The guideline value for Anuman Nagar V.O.C. Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which remained the same in the 2023 revision, but increased to Rs 1,600 per sq.ft in the 2024 revision, marking a 7% increase from the previous year. Between 2017 and 2023, the value rose significantly by 49%, from Rs 1,005 per sq.ft in 2017 to Rs 1,500 per sq.ft in 2023.

Prior to 2012, the 2017 revision was the first significant increase after a decrease of 33% from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017. The register has no figures for the revisions in 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 as of 2024. The median guideline value for these streets is Rs 2,400 per sq.ft, placing Anuman Nagar V.O.C. Street's 2024 figure below the median.

• Anuman Nagar Periyar Street: Rs 1,600 per sq.ft (2024)
• Anuman Nagar Nagathammankoil 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 V.O.C. 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, bringing the total to Rs 1,44,000. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for additional calculations.

Which Sub Registrar Office covers Anuman Nagar V.O.C. Street?

The Sub Registrar Office that covers Anuman Nagar V.O.C. 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 during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the established value of the property.

When buying or selling property, the guideline value helps determine the official value of the property for legal and taxation purposes. It is essential for both buyers and sellers to be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anuman Nagar V.O.C. Street?

The current guideline value of Anuman Nagar V.O.C. 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 2023 to Rs 1,600 per sq.ft in 2024, a 7% increase. It was Rs 1,005 per sq.ft in 2017, showing a 49% increase to 2023.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For a 1,000 sq.ft plot, the total costs amount to Rs 1,44,000.

Which Sub Registrar Office covers this street?

The Ambattur Sub Registrar Office covers Anuman Nagar V.O.C. Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

Are there other streets with the same guideline value in Thirumullaivoyal?

Yes, several other streets in Thirumullaivoyal have the same guideline value of Rs 1,600 per sq.ft as of 2024, including Anuman Nagar Periyar Street, Anuman Nagar Nagathammankoil Street, and others.