Guideline Value for ANGALAMMAN KOIL STREET

Angalamman Koil Street guideline value

The current guideline value of Angalamman Koil Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Chengalpattu Natham village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Angalamman Koil Street has changed

Over the years, the guideline value of Angalamman Koil Street has seen several revisions. The 2012 revision set the value at Rs 2,000 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,340 per sq.ft, marking a decrease of 33%. The following revision in 2023 raised the value to Rs 2,000 per sq.ft, and the latest revision in 2024 increased it further to Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a 10% increase in the guideline value. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, which is equal to the current guideline value of Angalamman Koil Street.

• Annai Anjukam Nagar: Rs 1,100 per sq.ft (2024)
• Anna Salai (A) High Road: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-1: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-2: Rs 3,520 per sq.ft (2024)
• Aliyar Street: Rs 2,200 per sq.ft (2024)
• Ahamathu Meeran Sayabu Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty is charged at 7%, which totals Rs 1,54,000, while the registration fee at 2% amounts to Rs 44,000. Together, the total cost for stamp duty and registration fee comes to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Angalamman Koil Street?

The Sub Registrar Office that covers Angalamman Koil Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Chengalpattu Natham. It serves as the minimum value for determining the stamp duty and registration fees applicable to the property transaction.

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 fees. This ensures that the government receives the appropriate revenue based on the value of the property being transacted.

Frequently asked questions

What is the current guideline value of Angalamman Koil Street?

The current guideline value of Angalamman Koil Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then back to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,200 per sq.ft in 2024.

What are the other streets in Chengalpattu Natham with their guideline values?

Other streets in Chengalpattu Natham have varying guideline values, with rates ranging from Rs 1,100 to Rs 5,500 per sq.ft. For example, Annai Anjukam Nagar has a guideline value of Rs 1,100 per sq.ft, while Anna Salai (A) High Road has a value of Rs 3,520 per sq.ft.

What is the stamp duty rate for properties in Angalamman Koil Street?

The stamp duty rate for properties in Angalamman Koil Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Angalamman Koil Street?

The Chengleput Joint II Sub Registrar Office covers Angalamman Koil Street and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.