Guideline Value for Anumanthaputheri T.V. Tower Road

Anumanthaputheri T.V. Tower Road guideline value

The current guideline value of Anumanthaputheri T.V. Tower Road is Rs 1,650 per sq.ft, effective from 1 July 2024. This road is located in Chengalpattu Town village, under the Chengleput Joint I SRO, and is classified as Residential Class V Type - I.

How the guideline value of Anumanthaputheri T.V. Tower Road has changed

The guideline value for Anumanthaputheri T.V. Tower Road has seen several revisions over the years. The 2007 revision set the value at Rs 285 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012. However, this was followed by a decrease to Rs 1,005 per sq.ft in 2017. The value then rose to Rs 1,500 per sq.ft in the 2023 revision, and currently stands at Rs 1,650 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

In terms of percentage changes, the guideline value increased by 426% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then surged by 49% from 2017 to 2023. Overall, from 2007 to 2024, there has been a substantial increase of 479%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Chengalpattu Town

In Chengalpattu Town, there are 55 streets under the Chengleput Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,650 to Rs 5,500 per sq.ft. The median value of these streets is Rs 3,025 per sq.ft, indicating that Anumanthaputheri T.V. Tower Road's 2024 guideline value is below this median.

• Anumanthaputheri Pillaiyar Koil Street: Rs 2,750 per sq.ft (2024)
• Anumanthaputheri Varadharaj Nagar: Rs 2,750 per sq.ft (2024)
• Anumanthaputheri Nadu Street: Rs 1,650 per sq.ft (2024)
• Anumanthaputheri Madurai Veeran Koil Street: Rs 2,420 per sq.ft (2024)
• Anumanthaputheri Adhilakshmi Nagar: Rs 1,650 per sq.ft (2024)
• Anna Salai: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Anumanthaputheri T.V. Tower Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, while the registration fee at 2% would be Rs 33,000. Together, the total fees would be Rs 1,48,500. 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 Anumanthaputheri T.V. Tower Road?

Anumanthaputheri T.V. Tower Road falls under the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Chengalpattu Town. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the registration process is transparent and standardized.

When buying or selling property, the guideline value is used to calculate applicable fees, such as stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Anumanthaputheri T.V. Tower Road?

The current guideline value of Anumanthaputheri T.V. Tower Road is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 285 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, reflecting an overall increase of 479% over the years.

What is the registration office for Anumanthaputheri T.V. Tower Road?

Anumanthaputheri T.V. Tower Road is covered by the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What are the stamp duty and registration fees based on the guideline value?

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Where can I find more information about the guideline values in Chengalpattu Town?

For more information on guideline values in Chengalpattu Town, you can refer to the official guideline value register maintained by the Registration Department.