Guideline Value for ANEJNEYOR KOIL B STREET

Anejneyor Koil B Street guideline value

The current guideline value of Anejneyor Koil B Street is Rs 3,300 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 - II.

How the guideline value of Anejneyor Koil B Street has changed

The guideline value for Anejneyor Koil B Street has seen several revisions over the years. In 2012, the value was set at Rs 3,000 per sq.ft, which then decreased to Rs 2,010 per sq.ft in 2017. Following this, the value increased significantly to Rs 3,000 per sq.ft in 2023, and further rose to Rs 3,300 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 regarding this street.

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 value is Rs 3,300 per sq.ft, which is equal to the current guideline value of Anejneyor Koil B Street.

• Anejneyor Koil 2nd Street: Rs 3,850 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 B Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total cost together to Rs 2,97,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anejneyor Koil B Street?

The Sub Registrar Office that covers Anejneyor Koil B Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, 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 Issa Pallavaram

The guideline value plays a crucial role in property transactions in Issa Pallavaram. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the fees are based on a standardized value set by the authorities.

When selling property, the guideline value can also serve as a reference point for both buyers and sellers to understand the expected costs associated with the transaction. It is essential for all parties involved to be aware of these values to facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of Anejneyor Koil B Street?

The current guideline value of Anejneyor Koil B Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then increased to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,300 per sq.ft in 2024.

What is the land classification for Anejneyor Koil B Street?

Anejneyor Koil B Street is classified as Residential Class I Type - II.

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

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000, and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

Which office handles registrations for Anejneyor Koil B Street?

The Pallavaram Sub Registrar Office handles registrations for Anejneyor Koil B Street, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.