Guideline Value for Anchaneyar Koil Street

Anchaneyar Koil Street guideline value

The current guideline value of Anchaneyar Koil Street, located in Siruniyam village, is Rs 330 per sq.ft, effective from 1 July 2024. This street falls under the jurisdiction of the Redhills SRO and is classified as Residential Class II Type - I.

How the guideline value of Anchaneyar Koil Street has changed

The guideline value for Anchaneyar Koil Street has seen several revisions over the years. In 2007, the value was set at Rs 200 per sq.ft, which increased to Rs 300 per sq.ft in 2012. However, it then decreased to Rs 201 per sq.ft in 2017. The value rose significantly to Rs 300 per sq.ft in 2023, and currently stands at Rs 330 per sq.ft as of the 2024 revision, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 65%. It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Siruniyam

In Siruniyam, there are 32 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,500 per sq.ft. The median value for these streets is Rs 440 per sq.ft, indicating that Anchaneyar Koil Street's 2024 figure is below this median.

• Azhagathamman Nagar 1st Street: Rs 440 per sq.ft (2024)
• Azhagathamman Nagar 2nd Street: Rs 440 per sq.ft (2024)
• Bajanai Koil Street: Rs 440 per sq.ft (2024)
• Elshdoy Avenue: Rs 440 per sq.ft (2024)
• Gangaiamman Koil Street: Rs 440 per sq.ft (2024)
• Grish Blue Diamond: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Anchaneyar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anchaneyar Koil Street?

The Sub Registrar Office that covers Anchaneyar Koil Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

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

When buying or selling property in Siruniyam, the guideline value serves as a benchmark for calculating the stamp duty and registration fees. This value is essential for ensuring that the transaction is registered accurately and complies with local regulations.

The guideline value is determined based on various factors, including the location and classification of the property. It is crucial for buyers and sellers to understand this value to ensure a smooth registration process.

Frequently asked questions

What is the current guideline value of Anchaneyar Koil Street?

The current guideline value of Anchaneyar Koil Street is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 330 per sq.ft in 2024, reflecting an overall increase of 65% over the years.

What is the registration office for Anchaneyar Koil Street?

The registration office for Anchaneyar Koil Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty rates for property transactions?

The stamp duty rate for property transactions is 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2%.

Where can I find more information about stamp duty and registration fees?

For more information regarding stamp duty and registration fees, you can use the stamp duty and registration fee calculator.