Guideline Value for Angalaman Koil Street, Nagelkeni

Angalaman Koil Street, Nagelkeni guideline value

The current guideline value of Angalaman Koil Street, Nagelkeni is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Angalaman Koil Street, Nagelkeni has changed

The guideline value for Angalaman Koil Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, an increase from Rs 1,800 per sq.ft in 2023, marking a change of +10%. Prior to that, the 2017 revision recorded a guideline value of Rs 1,206 per sq.ft, reflecting a significant increase of +49% from 2017 to 2023. The overall change from 2017 to 2024 is +64%.

It is important to note that the register has no figures for Angalaman Koil Street for the years 2002, 2003, 2007, and 2012.

Guideline values in Pammal

In Pammal village, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median value is Rs 2,090 per sq.ft, positioning Angalaman Koil Street's 2024 figure below this median.

• Angalaman Koil 1st Street, Nagelkeni: Rs 1,980 per sq.ft (2024)
• Angalamman Koil Street (Thiruneermalai Main Road): Rs 2,200 per sq.ft (2024)
• Andal Parangkusam Street (Muvendar Nagar): Rs 1,760 per sq.ft (2024)
• Anjaneyar Koil Street, Lakshmi Narayanan Nagar: Rs 1,980 per sq.ft (2024)
• Anjenayar Koil Street: Rs 1,760 per sq.ft (2024)
• Anbazhagan Street (Anna Nagar): Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Angalaman Koil Street, Nagelkeni

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, totaling Rs 1,78,200. 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 accurate calculations.

Which Sub Registrar Office covers Angalaman Koil Street, Nagelkeni?

The Sub Registrar Office that covers Angalaman Koil Street, Nagelkeni is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on a standardized value.

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 and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Angalaman Koil Street, Nagelkeni?

The current guideline value of Angalaman Koil Street, Nagelkeni is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, which is an overall increase of +64% over the seven years.

What are the other streets in Pammal with their guideline values?

Other streets in Pammal include Angalaman Koil 1st Street at Rs 1,980 per sq.ft, Angalamman Koil Street at Rs 2,200 per sq.ft, and several others with varying rates.

What is the registration fee for a property in Angalaman Koil Street?

The registration fee for a property in Angalaman Koil Street is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 19,80,000 would incur a registration fee of Rs 39,600 at 2%.

Where can I find the Sub Registrar Office for Angalaman Koil Street?

The Sub Registrar Office for Angalaman Koil Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.