Guideline Value for Sammandham Nagar Anbarasan Road

Sammandham Nagar Anbarasan Road guideline value

The current guideline value of Sammandham Nagar Anbarasan Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Sammandham Nagar Anbarasan Road has changed

In the 2017 revision, the guideline value was Rs 938 per sq.ft. This figure increased significantly to Rs 1,400 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,540 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO, with 2024 guideline values ranging from Rs 660 to Rs 5,130 per sq.ft. The median value is Rs 1,540 per sq.ft, which is the same as the guideline value for Sammandham Nagar Anbarasan Road.

• Sammandham Nagar 4th Cross Street: Rs 1,540 per sq.ft (2024)
• Sammandham Nagar Appasamy Street: Rs 1,540 per sq.ft (2024)
• Sammandham Nagar 3rd Cross Street: Rs 1,540 per sq.ft (2024)
• Sammandham Nagar Ganesan Road: Rs 1,540 per sq.ft (2024)
• Sammandham Nagar 2nd Cross Street: Rs 1,540 per sq.ft (2024)
• Sammandham Nagar North Poonga Road: Rs 1,540 per sq.ft (2024)

Stamp duty and registration fee for property in Sammandham Nagar Anbarasan Road

For a 1,000 sq.ft plot at the current rate of Rs 1,540 per sq.ft, the guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, totaling Rs 1,38,600. Duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sammandham Nagar Anbarasan Road?

The Sammandham Nagar Anbarasan Road is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor when registering a property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is bought or sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sammandham Nagar Anbarasan Road?

The current guideline value of Sammandham Nagar Anbarasan Road is Rs 1,540 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 938 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024, which is an overall increase of 64% over the years.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 1,38,600, based on the current guideline value of Rs 15,40,000.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification of Sammandham Nagar Anbarasan Road?

Sammandham Nagar Anbarasan Road is classified as Residential Special Type - I, indicating its suitability for residential development.