Guideline Value for ANEJNEYOR KOIL 2ND STREET

Anejneyor Koil 2nd Street guideline value

The current guideline value of Anejneyor Koil 2nd Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Issa Pallavaram village, under the Pallavaram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Anejneyor Koil 2nd Street has changed

The guideline value for Anejneyor Koil 2nd Street has undergone several revisions over the years. The earliest available figure is from 2012, where the guideline value was Rs 3,500 per sq.ft. This was followed by a decrease to Rs 2,345 per sq.ft in 2017. In 2023, the value increased to Rs 3,500 per sq.ft, and the most recent revision in 2024 set the value at Rs 3,850 per sq.ft. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The change from 2023 to 2024 reflects a 10% increase. Overall, comparing the 2012 figure to the 2024 figure, there has been a 10% increase in the guideline value.

Guideline values in Issa Pallavaram

In Issa Pallavaram, there are 110 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value for these streets is Rs 3,300 per sq.ft, placing Anejneyor Koil 2nd Street's 2024 figure above that median.

• Anejneyor Koil B Street: Rs 3,300 per sq.ft (2024)
• Anjaneyar Koil Street: Rs 3,850 per sq.ft (2024)
• Annaswamy Street: Rs 2,200 per sq.ft (2024)
• Arasamaram Street: Rs 3,850 per sq.ft (2024)
• Arundathipuram: Rs 4,400 per sq.ft (2024)
• Arundathipuram 1st Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anejneyor Koil 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total cost to Rs 3,46,500. 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 Anejneyor Koil 2nd Street?

The Sub Registrar Office that covers Anejneyor Koil 2nd Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Issa Pallavaram. It serves as a benchmark for determining the minimum value of a property, which is used to calculate the applicable stamp duty and registration fees during the registration process.

When buying or selling property, it is essential to consider the guideline value, as it can impact the overall costs involved in the transaction. Buyers should ensure they are aware of the current guideline value to avoid any surprises during registration.

Frequently asked questions

What is the current guideline value of Anejneyor Koil 2nd Street?

The current guideline value of Anejneyor Koil 2nd Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, then back to Rs 3,500 per sq.ft in 2023, and finally to Rs 3,850 per sq.ft in 2024.

What is the land classification for Anejneyor Koil 2nd Street?

Anejneyor Koil 2nd Street is classified as Residential Class I Type - I.

Where can I find the registration office for Anejneyor Koil 2nd Street?

The registration office for Anejneyor Koil 2nd Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

How is stamp duty calculated for properties in Anejneyor Koil 2nd Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value incurs a total cost of Rs 3,46,500 in stamp duty and registration fees.