Guideline Value for ANTHONIYAR KOIL STREET (GST ROAD)

Anthoniyar Koil Street (Gst Road) guideline value

The current guideline value of Anthoniyar Koil Street (Gst Road) is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village and falls under the Pallavaram SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Anthoniyar Koil Street (Gst Road) has changed

The guideline value for Anthoniyar Koil Street has undergone several revisions over the years. The oldest recorded revision is from 2012, where the guideline value was Rs 3,500 per sq.ft. This increased to Rs 3,750 per sq.ft in 2023, marking a 7% rise. The latest revision in 2024 saw another increase to Rs 3,850 per sq.ft, which is a 3% increase from the previous year. There are no figures available for the revisions in 2002, 2003, 2007, and 2017.

Overall, from 2012 to 2024, the guideline value has increased by 10%. This consistent increase reflects the changes in the real estate landscape in the area.

Guideline values in Zaminpallavaram

In Zaminpallavaram, there are 638 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value for these streets is Rs 3,300 per sq.ft, placing Anthoniyar Koil Street's 2024 figure above this median.

• Anumar Koil Street: Rs 3,850 per sq.ft (2024)
• Anna Street: Rs 3,300 per sq.ft (2024)
• Arasamara Street: Rs 2,750 per sq.ft (2024)
• Annasamy Street: Rs 3,520 per sq.ft (2024)
• Arcot Jambulingam Street: Rs 3,850 per sq.ft (2024)
• Aringar Anna Street: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Anthoniyar Koil Street (Gst Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value would be Rs 38,50,000. The stamp duty at 7% would amount to Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, making the total cost for these fees Rs 3,46,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anthoniyar Koil Street (Gst Road)?

The Sub Registrar Office that covers Anthoniyar Koil Street (Gst Road) is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Zaminpallavaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. This value is essential for both buyers and sellers to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Anthoniyar Koil Street?

The current guideline value for Anthoniyar Koil Street (Gst Road) is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 3,500 per sq.ft in 2012, increasing to Rs 3,750 in 2023, and finally to Rs 3,850 in 2024. There are no figures available for the revisions in 2002, 2003, 2007, and 2017.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 38,50,000, the stamp duty would be Rs 2,69,500, and the registration fee would be Rs 77,000, totaling Rs 3,46,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office handles registrations for this street?

The Pallavaram Sub Registrar Office handles registrations for Anthoniyar Koil Street (Gst Road). It is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

What is the land classification for Anthoniyar Koil Street?

The land classification for Anthoniyar Koil Street is Mixed Type - I, which indicates the type of development permissible in this area.