Guideline Value for Angalamman Koil Street

Angalamman Koil Street guideline value

The current guideline value of Angalamman Koil Street is Rs 110 per sq.ft, effective from 1 July 2024. This street is located in Kannanthangal village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Angalamman Koil Street has changed

The guideline value for Angalamman Koil Street has seen several revisions over the years. The 2012 revision set the value at Rs 100 per sq.ft, which was then reduced to Rs 67 per sq.ft in 2017. Following this, the value increased to Rs 100 per sq.ft in the 2023 revision, and finally, it rose to Rs 110 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

In summary, the changes between the revisions show a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, and an overall increase of 10% from 2012 to 2024. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kannanthangal

Kannanthangal village has 22 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 900 per sq.ft. The median value for these streets is Rs 110 per sq.ft, which is equal to the guideline value of Angalamman Koil Street.

• Anna Street: Rs 110 per sq.ft (2024)
• Bajanai Koil Cross Street: Rs 110 per sq.ft (2024)
• Bajanai Koil Street: Rs 126 per sq.ft (2024)
• Chandrayan Nagar: Rs 250 per sq.ft (2024)
• Ellaiyamman Koil Street: Rs 110 per sq.ft (2024)
• Gangaiymman Koil Street: Rs 110 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 110 per sq.ft, the total guideline value amounts to Rs 1,10,000. The stamp duty at 7% would be Rs 7,700, and the registration fee at 2% would be Rs 2,200, totaling Rs 9,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Angalamman Koil Street?

The Sub Registrar Office that covers Angalamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial aspect when buying or selling property in Kannanthangal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers should be aware of the current guideline value to ensure they comply with legal requirements during the registration process.

When a property is sold, the guideline value helps in assessing the financial implications of the sale. It is essential for both parties to understand that the duty is charged based on the higher of the guideline value or the sale price, ensuring transparency in the transaction.

Frequently asked questions

What is the current guideline value of Angalamman Koil Street?

The current guideline value of Angalamman Koil Street is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then to Rs 100 per sq.ft in 2023, and finally to Rs 110 per sq.ft in 2024.

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

Other streets in Kannanthangal include Anna Street, Bajanai Koil Cross Street, Bajanai Koil Street, Chandrayan Nagar, Ellaiyamman Koil Street, and Gangaiymman Koil Street, with values ranging from Rs 110 to Rs 250 per sq.ft.

How is the stamp duty calculated for properties in Angalamman Koil Street?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total costs can be Rs 9,900, depending on the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Angalamman Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.