Guideline Value for Venkateswara Nagar Kamarajar Street

Venkateswara Nagar Kamarajar Street guideline value

The current guideline value of Venkateswara Nagar Kamarajar Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Venkateswara Nagar Kamarajar Street has changed

The guideline value has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, which is an increase of 10% from the 2023 figure of Rs 1,800 per sq.ft. Prior to that, the 2017 revision recorded a value of Rs 1,206 per sq.ft, marking a significant increase of 49% to the 2023 figure. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. This consistent rise reflects changes in the local real estate landscape, aligning with the upward trend observed in other areas of Anakaputhur.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value across these streets is Rs 1,980 per sq.ft, which is also the guideline value for Venkateswara Nagar Kamarajar Street.

• Venkateswara Nagar Kalaimagal Street: Rs 1,980 per sq.ft (2024)
• Venkateswara Nagar Kambar Street: Rs 1,980 per sq.ft (2024)
• Venkateswara Nagar Ist Street: Rs 1,980 per sq.ft (2024)
• Venkateswara Nagar Kannadasan Street: Rs 1,980 per sq.ft (2024)
• Venkateswara Nagar Karikalan Street: Rs 1,980 per sq.ft (2024)
• Venkateswara Nagar Koweri Street: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Venkateswara Nagar Kamarajar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total cost for stamp duty and registration fees to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Venkateswara Nagar Kamarajar Street?

The Sub Registrar Office that covers Venkateswara Nagar Kamarajar Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is set by the Registration Department and reflects the minimum value at which properties can be registered.

When selling property, the guideline value helps establish a baseline for pricing. Buyers and sellers often refer to the guideline value to ensure that the transaction complies with legal requirements and to avoid issues during the registration process.

Frequently asked questions

What is the current guideline value of Venkateswara Nagar Kamarajar Street?

The current guideline value of Venkateswara Nagar Kamarajar Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, marking an overall increase of 64% over this period.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600, and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which Sub Registrar Office covers this area?

The Pammal Sub Registrar Office covers Venkateswara Nagar Kamarajar Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

Where can I find the guideline values for other streets in Anakaputhur?

The guideline values for other streets in Anakaputhur can be found in the same register, which lists values for various streets under the Pammal SRO.