Guideline Value for Aanaikatty Street

Aanaikatty Street guideline value

The current guideline value of Aanaikatty Street is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Ist Division village under the Kanchipuram Joint Iv SRO and is classified as Residential Class V Type - I.

How the guideline value of Aanaikatty Street has changed

The guideline value for Aanaikatty Street has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 600 per sq.ft, which remained unchanged until the 2017 revision when it decreased to Rs 402 per sq.ft. Following this, the 2023 revision saw a significant increase to Rs 600 per sq.ft, and the latest 2024 revision increased it further to Rs 800 per sq.ft, marking a 33% rise from the previous year.

Between the 2017 and 2023 revisions, the guideline value increased by 49%. The register has no figures for the revisions in 2002, 2003, and 2007 for Aanaikatty Street.

Guideline values in Ist Division

In the Ist Division village, there are 79 streets under the Kanchipuram Joint Iv SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 3,300 per sq.ft, with a median value of Rs 880 per sq.ft. Aanaikatty Street's 2024 figure is below this median.

• Aathisankarar Nagar: Rs 880 per sq.ft (2024)
• Amankara Street: Rs 880 per sq.ft (2024)
• Amudapadi Back Street: Rs 1,100 per sq.ft (2024)
• Amudhapadi Street: Rs 1,100 per sq.ft (2024)
• Anna Avenue: Rs 880 per sq.ft (2024)
• Anuman Nagar: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Aanaikatty Street

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. 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 Aanaikatty Street?

The Sub Registrar Office that covers Aanaikatty Street is the Kanchipuram Joint Iv Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that need to be paid during the registration process.

Frequently asked questions

What is the current guideline value of Aanaikatty Street?

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

How has the guideline value changed over the years?

The guideline value for Aanaikatty Street has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 800 per sq.ft in 2024.

What is the median guideline value in Ist Division?

The median guideline value in Ist Division is Rs 880 per sq.ft, with Aanaikatty Street's 2024 figure being below this median.

What is the stamp duty rate for properties in Aanaikatty Street?

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

Where can I find the registration office for Aanaikatty Street?

The registration office for Aanaikatty Street is the Kanchipuram Joint Iv Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.