Guideline Value for ANGALAMMAN KOIL STREET

Angalamman Koil Street guideline value

The current guideline value of Angalamman Koil Street is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and falls under the Residential Class II Type - III land classification.

How the guideline value of Angalamman Koil Street has changed

The guideline value for Angalamman Koil Street has seen several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 700 per sq.ft, which increased by 7% to Rs 750 per sq.ft in the 2024 revision.

This increase reflects a notable adjustment in the valuation of properties in this area. The current guideline value of Rs 750 per sq.ft aligns with the median value of Rs 750 per sq.ft for the 382 streets in Thiruninravur-A under the Avadi SRO, which range from Rs 440 to Rs 2,750 per sq.ft in the 2024 revision.

Guideline values in Thiruninravur-A

In Thiruninravur-A, the guideline values vary significantly across different streets. Angalamman Koil Street's 2024 figure of Rs 750 per sq.ft is equal to the median value for the area. Below is a list of other streets in Thiruninravur-A:

• Angalamman Koil St: Rs 440 per sq.ft (2024)
• Angalaparameswari St: Rs 440 per sq.ft (2024)
• Anjana Nagar: Rs 750 per sq.ft (2024)
• Andal Nagar: Rs 1,200 per sq.ft (2024)
• Anandh Avenue & Streets: Rs 840 per sq.ft (2024)
• Anand Garden ( S.No. 382/4b1 & 382/4b2): Rs 440 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 rate of Rs 750 per sq.ft, the guideline value would amount to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total to Rs 67,500. 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 detailed calculations.

Which Sub Registrar Office covers Angalamman Koil Street?

The Sub Registrar Office that covers Angalamman Koil Street is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a critical factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Angalamman Koil Street?

The current guideline value of Angalamman Koil Street is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Angalamman Koil Street was Rs 700 per sq.ft in 2023 and increased by 7% to Rs 750 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Angalamman Koil Street?

Angalamman Koil Street falls under the Residential Class II Type - III land classification. This classification impacts the guideline value and property regulations in the area.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For example, a 1,000 sq.ft plot at Rs 750 per sq.ft would incur a total of Rs 67,500 in fees.

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

The Avadi Sub Registrar Office covers Angalamman Koil Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.