Guideline Value for 200 Feet Road (Byepass Road)

200 Feet Road (Byepass Road) guideline value

The current guideline value of 200 Feet Road (Byepass Road) is Rs 2,310 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village, under the Pammal SRO, and is classified as Commercial Class I Type - III.

How the guideline value of 200 Feet Road (Byepass Road) has changed

The guideline value for 200 Feet Road (Byepass Road) has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,310 per sq.ft, an increase from Rs 2,100 per sq.ft in the 2023 revision, reflecting a 10% rise. Prior to that, in 2017, the value was Rs 1,407 per sq.ft, marking a significant increase of 49% between 2017 and 2023. The overall change from 2017 to 2024 is a 64% increase.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value for these streets is Rs 1,980 per sq.ft, placing the 2024 value of 200 Feet Road (Byepass Road) above this median.

• 30 feet Road / Balaji Nagar: Rs 2,350 per sq.ft (2024)
• Yadhaval Street Lane: Rs 1,320 per sq.ft (2024)
• Yadawal Street: Rs 1,760 per sq.ft (2024)
• West Ratha Veethi: Rs 1,760 per sq.ft (2024)
• VOC Street: Rs 1,760 per sq.ft (2024)
• VOC Nagar 2nd Street: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in 200 Feet Road (Byepass Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,310 per sq.ft, the total guideline value amounts to Rs 23,10,000. The stamp duty at 7% would be Rs 1,61,700, and the registration fee at 2% would be Rs 46,200, bringing the total cost for these fees to Rs 2,07,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers 200 Feet Road (Byepass Road)?

The Sub Registrar Office that covers 200 Feet Road (Byepass Road) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 Anakaputhur

The guideline value is a critical factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the correct amount of revenue based on the property's value.

Frequently asked questions

What is the current guideline value of 200 Feet Road (Byepass Road)?

The current guideline value of 200 Feet Road (Byepass Road) is Rs 2,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,407 per sq.ft in 2017 to Rs 2,310 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the land classification of 200 Feet Road (Byepass Road)?

200 Feet Road (Byepass Road) is classified as Commercial Class I Type - III.

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

For a property valued at Rs 23,10,000, the stamp duty would be Rs 1,61,700 and the registration fee would be Rs 46,200, totaling Rs 2,07,900.

Where is the Sub Registrar Office for this area located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.