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 street is located in Katrampakkam B village under the Sriperumpudur SRO and is classified as 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 most recent revision in 2024 maintains the value at Rs 800 per sq.ft, which is the same as the 2023 revision. The 2017 revision recorded a lower value of Rs 536 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, the increase remains at 49%, indicating that the current value has not changed since the last revision in 2023.

Guideline values in Katrampakkam B

Katrampakkam B village has a total of 44 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 800 per sq.ft. The median value for these streets is Rs 275 per sq.ft, placing Sundara Anjaneya Nagar's value 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 amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to 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 on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sundara Anjaneya Nagar?

The Sundara Anjaneya Nagar area is covered by 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 B

The guideline value is a crucial factor when registering property transactions in Katrampakkam B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value ensures that the transaction is recorded at a value that reflects the current market conditions. Buyers and sellers should be aware that the guideline value is used to calculate the applicable duties and fees, which can significantly impact the overall cost of the transaction.

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 remained at Rs 800 per sq.ft from 2023 to 2024, with a significant increase of 49% from Rs 536 per sq.ft in 2017 to 2023.

What is the land classification for Sundara Anjaneya Nagar?

Sundara Anjaneya Nagar is classified as Mixed Type - I, indicating its diverse land use potential.

What are the registration fees for property transactions?

The registration fees for property transactions include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sundara Anjaneya Nagar located?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.