Guideline Value for SEINT ANTHONY NAGAR

Seint Anthony Nagar guideline value

The current guideline value of Seint Anthony Nagar is Rs 1,200 per sq.ft, effective from 1 July 2024. This area is located in Perumbakkam village, under the Selaiyur SRO, and is classified as Residential Class III Type - II.

How the guideline value of Seint Anthony Nagar has changed

The guideline value for Seint Anthony Nagar has seen several revisions over the years. The oldest available figure is from the 2012 revision, which was Rs 1,100 per sq.ft. This was followed by a decrease to Rs 737 per sq.ft in the 2017 revision. The value then increased to Rs 1,100 per sq.ft in 2023, before reaching the current figure of Rs 1,200 per sq.ft in 2024.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 9% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 9%. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Perumbakkam

In Perumbakkam, there are 225 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft. The median value for these streets is Rs 2,725 per sq.ft, placing the guideline value of Seint Anthony Nagar below this median.

• Sekaran Dhanalakshmi Avenue: Rs 2,725 per sq.ft (2024)
• Sekaran Everdan Enclave: Rs 2,725 per sq.ft (2024)
• Sekaran Nagar: Rs 2,725 per sq.ft (2024)
• Sekaran Nagar Annex: Rs 2,725 per sq.ft (2024)
• Semmanchery - Nookampalayam Road: Rs 2,725 per sq.ft (2024)
• Sastha Avenue: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Seint Anthony Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000. Together, the total fees would be Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Seint Anthony Nagar?

The Sub Registrar Office that covers Seint Anthony Nagar is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Perumbakkam. It serves as a benchmark for determining the minimum price at which a property can be sold or purchased, ensuring transparency in property dealings.

When registering a property, 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 higher amount between the guideline value and the sale price, thus influencing the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Seint Anthony Nagar?

The current guideline value of Seint Anthony Nagar is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,200 per sq.ft in 2024.

What is the land classification of Seint Anthony Nagar?

Seint Anthony Nagar is classified as Residential Class III Type - II, indicating its designation for residential purposes.

What are the other streets in Perumbakkam and their guideline values?

Other streets in Perumbakkam include Sekaran Dhanalakshmi Avenue, Sekaran Everdan Enclave, Sekaran Nagar, Sekaran Nagar Annex, Semmanchery - Nookampalayam Road, and Sastha Avenue, with guideline values ranging from Rs 2,725 to Rs 3,300 per sq.ft in 2024.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.