Guideline Value for ANJANEYAR KOIL STREET

Anjaneyar Koil Street guideline value

The current guideline value of Anjaneyar Koil Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Vengaivasal village under the Selaiyur SRO, classified as Mixed Type - II land.

How the guideline value of Anjaneyar Koil Street has changed

In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This figure remained the same until the 2017 revision, where it decreased to Rs 1,675 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 2,500 per sq.ft in the 2023 revision, followed by a further increase to Rs 2,700 per sq.ft in the 2024 revision, representing an 8% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 8%. The 2002, 2003, and 2007 revisions have no figures recorded for Anjaneyar Koil Street.

Guideline values in Vengaivasal

In Vengaivasal, there are 117 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft. The median value is Rs 2,700 per sq.ft, which matches the guideline value of Anjaneyar Koil Street.

• Annai Ahalyaa: Rs 4,000 per sq.ft (2024)
• Anantha Nagar: Rs 2,700 per sq.ft (2024)
• Annai Nagar: Rs 1,100 per sq.ft (2024)
• Anusuya Avenue: Rs 3,700 per sq.ft (2024)
• Akshayam Avenue: Rs 3,300 per sq.ft (2024)
• Akila Avenue: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Anjaneyar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value is Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anjaneyar Koil Street?

Anjaneyar Koil Street falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, 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 Vengaivasal

The guideline value is an essential factor when registering property transactions in Vengaivasal. It serves as a benchmark for determining the stamp duty and registration fees required during the sale or purchase of property.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, and the appropriate taxes are levied. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anjaneyar Koil Street?

The current guideline value of Anjaneyar Koil Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the land classification of Anjaneyar Koil Street?

Anjaneyar Koil Street is classified as Mixed Type - II land, which is relevant for determining its guideline value and usage.

Where can I find the Selaiyur Sub Registrar Office?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is stamp duty calculated for properties in Anjaneyar Koil Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 at a rate of 7%.