Guideline Value for Anjaneyar Koil Sannathy Street North

Anjaneyar Koil Sannathy Street North guideline value

The current guideline value of Anjaneyar Koil Sannathy Street North is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Rajakilpakkam village and falls under the Selaiyur SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Anjaneyar Koil Sannathy Street North has changed

The guideline value for Anjaneyar Koil Sannathy Street North has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 804 per sq.ft, marking a decrease of 33%. In the following years, the value increased significantly, reaching Rs 1,200 per sq.ft in the 2023 revision and finally rising to Rs 1,300 per sq.ft in the 2024 revision, reflecting an 8% increase from the previous year.

From the 2017 revision to 2023, the guideline value rose by 49%, showcasing a substantial increase over that period. Overall, comparing the 2012 figure to the 2024 figure, there has been an 8% increase in the guideline value. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Rajakilpakkam

In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that have a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft. The median guideline value for these streets is Rs 2,150 per sq.ft, making the current value for Anjaneyar Koil Sannathy Street North below the median.

• Anjaneyar Koil Sannathy Street South: Rs 1,300 per sq.ft (2024)
• Anna 1st Street: Rs 2,400 per sq.ft (2024)
• Anna 2nd Street: Rs 2,400 per sq.ft (2024)
• Anna Cross Street: Rs 2,400 per sq.ft (2024)
• Annai Indira Gandhi Street: Rs 880 per sq.ft (2024)
• Anna Street: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anjaneyar Koil Sannathy Street North

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, while the registration fee at 2% would be Rs 26,000, bringing the total fees together to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anjaneyar Koil Sannathy Street North?

The Sub Registrar Office covering Anjaneyar Koil Sannathy Street North is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Rajakilpakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. It is essential for buyers to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anjaneyar Koil Sannathy Street North?

The current guideline value of Anjaneyar Koil Sannathy Street North is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,300 per sq.ft in 2024.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000, and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which office handles registrations for this street?

The Selaiyur Sub Registrar Office handles registrations for Anjaneyar Koil Sannathy Street North. The office is located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

What is the land classification for Anjaneyar Koil Sannathy Street North?

The land classification for Anjaneyar Koil Sannathy Street North is Residential Class II Type - II.