Guideline Value for Angalaprameshwari street

Angalaprameshwari street guideline value

The current guideline value of Angalaprameshwari street in Anakaputhur village is Rs 1,760 per sq.ft, effective from 1 July 2024. This street falls under the Pammal SRO and is classified as Residential Class II Type - I.

How the guideline value of Angalaprameshwari street has changed

The guideline value for Angalaprameshwari street has seen several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 1,072 per sq.ft. This increased to Rs 1,600 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,760 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

Anakaputhur village has a total of 501 streets under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft as of 2024. The median guideline value in this area is Rs 1,980 per sq.ft, placing Angalaprameshwari street's value below the median.

• Anna Durai III rd Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai II nd Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai Ist Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai IV th Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai Street: Rs 2,350 per sq.ft (2024)
• Anna Durai VIth Cross Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Angalaprameshwari street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total cost for these fees to Rs 1,58,400. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Angalaprameshwari street?

The Sub Registrar Office that covers Angalaprameshwari street 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Anakaputhur. It is used to determine 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 considered along with the sale price. The higher of the two is used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Angalaprameshwari street?

The current guideline value of Angalaprameshwari street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From 2023 to 2024, the guideline value increased by 10%. Overall, from 2017 to 2024, it has risen by 64%.

What is the land classification for Angalaprameshwari street?

Angalaprameshwari street is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for Angalaprameshwari street?

The Sub Registrar Office for Angalaprameshwari street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

What are the stamp duty rates for property in Angalaprameshwari street?

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