Guideline Value for Anandam Kabaleeswarar Co-Operative Nagar

Anandam Kabaleeswarar Co-Operative Nagar guideline value

The current guideline value of Anandam Kabaleeswarar Co-Operative Nagar is Rs 600 per sq.ft, effective from the 2024 revision. This area is located in Molachoor village under the Sunguvarchattram SRO, classified as Residential Special Type - III.

How the guideline value of Anandam Kabaleeswarar Co-Operative Nagar has changed

The guideline value for Anandam Kabaleeswarar Co-Operative Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged in the 2017 revision. However, from 2017 to 2023, the value increased significantly by 49% to Rs 600 per sq.ft. The 2024 revision also maintained this figure, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained stable, showing a 0% change.

Guideline values in Molachoor

In Molachoor, there are 112 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median value is Rs 600 per sq.ft, which is equal to the current value of Anandam Kabaleeswarar Co-Operative Nagar.

• Angalamman Kovil Street: Rs 600 per sq.ft (2024)
• AngalaParameshwari Street: Rs 500 per sq.ft (2024)
• Annai Nagar-I: Rs 500 per sq.ft (2024)
• Annai Nagar -II: Rs 500 per sq.ft (2024)
• Annai Nagar-III: Rs 500 per sq.ft (2024)
• Annai Nagar-IV: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Anandam Kabaleeswarar Co-Operative Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, while the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anandam Kabaleeswarar Co-Operative Nagar?

The Anandam Kabaleeswarar Co-Operative Nagar falls under the jurisdiction of the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a critical factor during the registration of property transactions in Molachoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anandam Kabaleeswarar Co-Operative Nagar?

The current guideline value of Anandam Kabaleeswarar Co-Operative Nagar is Rs 600 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023 and 2024. The value remained at Rs 600 per sq.ft in 2012 and 2023.

What is the land classification for Anandam Kabaleeswarar Co-Operative Nagar?

Anandam Kabaleeswarar Co-Operative Nagar is classified as Residential Special Type - III.

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

The Sunguvarchattram Sub Registrar Office covers Anandam Kabaleeswarar Co-Operative Nagar, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated in Molachoor?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. It is essential for buyers and sellers to be aware of this when engaging in property transactions.