Guideline Value for Sundara Anjaneya Nagar

Sundara Anjaneya Nagar guideline value

The current guideline value of Sundara Anjaneya Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This locality is situated in Katrampakkam village, which falls under the Sriperumpudur SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Sundara Anjaneya Nagar has changed

The guideline value for Sundara Anjaneya Nagar has seen several revisions over the years. The earliest recorded revision is from 2012, where the value was set at Rs 800 per sq.ft. In 2017, it decreased to Rs 536 per sq.ft, marking a decline of 33%. However, by the 2023 revision, the value rose to Rs 800 per sq.ft again. The most recent revision in 2024 maintained this value at Rs 800 per sq.ft, indicating no change from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 800 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Katrampakkam

Katrampakkam village has a total of 41 streets under the Sriperumpudur SRO, with guideline values ranging from Rs 150 to Rs 800 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, placing Sundara Anjaneya Nagar's 2024 figure above this median.

• Sundara Moorthy Nagar: Rs 400 per sq.ft (2024)
• Sri Ragavendra Nagar: Rs 250 per sq.ft (2024)
• Thiruvalluvar Nagar: Rs 250 per sq.ft (2024)
• Sri Mangadu Kamatchi Nagar: Rs 250 per sq.ft (2024)
• Sri Eswara Nagar: Rs 400 per sq.ft (2024)
• Sri Bangaru Kamachi Amman Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Sundara Anjaneya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, while the registration fee at 2% would be Rs 16,000. Together, the total cost for these fees would be Rs 72,000. It is important to note that the 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 Sundara Anjaneya Nagar?

The Sub Registrar Office that covers Sundara Anjaneya Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Katrampakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that the guideline value is used to calculate these fees, ensuring that the transaction is compliant with local regulations.

When registering a property, the guideline value helps in establishing the official value of the property being transacted. This ensures that the fees are calculated fairly based on the established rates for the area.

Frequently asked questions

What is the current guideline value of Sundara Anjaneya Nagar?

The current guideline value of Sundara Anjaneya Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 800 per sq.ft in 2024. It was Rs 536 per sq.ft in 2017, and Rs 800 per sq.ft in 2012.

What is the median guideline value in Katrampakkam?

The median guideline value for the 41 streets in Katrampakkam is Rs 250 per sq.ft. Sundara Anjaneya Nagar's guideline value is above this median.

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

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles property registration in Sundara Anjaneya Nagar?

The Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone, handles property registration for Sundara Anjaneya Nagar.