Guideline Value for Anuman Nagar

Anuman Nagar guideline value

The current guideline value of Anuman Nagar is Rs 880 per sq.ft, effective from 1 July 2024. This village falls under the Kanchipuram Joint IV SRO and is classified as Residential Class II Type - I.

How the guideline value of Anuman Nagar has changed

The guideline value for Anuman Nagar has seen several revisions over the years. In 2007, the value was Rs 300 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012. However, this was followed by a decrease to Rs 536 per sq.ft in 2017. The value then rose to Rs 800 per sq.ft in 2023 and has now reached Rs 880 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 193%. The revisions for the years 2002 and 2003 do not have figures available for this street.

Guideline values in Ist Division

In the Ist Division under the Kanchipuram Joint IV SRO, there are 79 streets with a 2024 guideline value ranging from Rs 800 to Rs 3,300 per sq.ft. Anuman Nagar's current guideline value of Rs 880 per sq.ft is equal to the median value of this range.

• Arignaar Anna Nagar: Rs 880 per sq.ft (2024)
• Anna Avenue: Rs 880 per sq.ft (2024)
• Asthakiri Street: Rs 800 per sq.ft (2024)
• Amudhapadi Street: Rs 1,100 per sq.ft (2024)
• Amudapadi Back Street: Rs 1,100 per sq.ft (2024)
• Amankara Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Anuman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. 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 further calculations.

Which Sub Registrar Office covers Anuman Nagar?

Anuman Nagar is covered by the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Ist Division. 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 of the two is used to calculate the applicable duties. This ensures that the government receives appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Anuman Nagar?

The current guideline value of Anuman Nagar is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, showing an overall increase of 193% over this period.

What is the classification of land in Anuman Nagar?

Anuman Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

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

The Sub Registrar Office covering Anuman Nagar is the Kanchipuram Joint IV SRO, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How are stamp duties calculated in Anuman Nagar?

Stamp duties in Anuman Nagar are calculated based on the higher of the guideline value or the sale price of the property. The current rate for stamp duty is 7%, and the registration fee is 2% of the guideline value.