Guideline Value for ANNAL KAMARAJAR STREET

Annal Kamarajar Street guideline value

The current guideline value of Annal Kamarajar Street in Puliyur village, under the Kodambakkam SRO, is Rs 5,800 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class I Type - I land classification.

How the guideline value of Annal Kamarajar Street has changed

The guideline value for Annal Kamarajar Street has undergone several revisions over the years. In 2002, the guideline value was Rs 799 per sq.ft, which increased to Rs 878 per sq.ft in 2003, marking a change of +10%. The value then saw a significant rise to Rs 2,100 per sq.ft in 2007, reflecting an increase of +139%. By 2012, the value remained unchanged at Rs 5,300 per sq.ft, which continued through to 2023. The latest revision in 2024 brought the guideline value to Rs 5,800 per sq.ft, representing an increase of +9% from the previous year.

There is no figure available for the year 2017 in the register for this street. Overall, from 2002 to 2024, the guideline value has increased by +626%, showcasing the substantial growth over the years.

Guideline values in Puliyur

In Puliyur village, 648 streets under the Kodambakkam SRO have a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft, with the median being Rs 5,800 per sq.ft. Annal Kamarajar Street's 2024 guideline value aligns with this median.

• Anna Main Road Chennai-24: Rs 8,200 per sq.ft (2024)
• Annai Sathya Nagar Main Road: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 9th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 8th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 7th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 6th Street: Rs 3,800 per sq.ft (2024)

Stamp duty and registration fee for property in Annal Kamarajar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,800 per sq.ft, the total guideline value amounts to Rs 58,00,000. The stamp duty at 7% would be Rs 4,06,000, and the registration fee at 2% would be Rs 1,16,000, leading to a total of Rs 5,22,000. 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 details.

Which Sub Registrar Office covers Annal Kamarajar Street?

The Sub Registrar Office that covers Annal Kamarajar Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Puliyur. It is used as a benchmark to determine the minimum value at which a property can be registered. When buying or selling a property, the guideline value is considered for calculating stamp duty and registration fees.

During registration, the higher of the guideline value and the actual sale price is taken into account for duty calculations. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annal Kamarajar Street?

The current guideline value of Annal Kamarajar Street is Rs 5,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 799 per sq.ft in 2002 to Rs 5,800 per sq.ft in 2024, reflecting an overall increase of +626% over the years.

What is the land classification for Annal Kamarajar Street?

Annal Kamarajar Street is classified as Residential Class I Type - I, which indicates its designation for residential purposes.

Where can I find the Sub Registrar Office for this street?

The Kodambakkam Sub Registrar Office covers Annal Kamarajar Street and is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is stamp duty calculated for properties in Puliyur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 58,00,000 would incur a stamp duty of Rs 4,06,000 at 7%.