Guideline Value for Anjaneyar Koil Sannathy Street South

Anjaneyar Koil Sannathy Street South guideline value

The current guideline value for Anjaneyar Koil Sannathy Street South 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 South has changed

The guideline value for Anjaneyar Koil Sannathy Street South has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. However, the value increased to Rs 1,200 per sq.ft in the 2023 revision, and the latest revision in 2024 has set it at Rs 1,300 per sq.ft, marking an increase of 8% from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Comparing the overall change from 2012 to 2024, the guideline value has increased by 8%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

Guideline values in Rajakilpakkam

In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 5,000 per sq.ft. The median guideline value in this area is Rs 2,150 per sq.ft, indicating that Anjaneyar Koil Sannathy Street South's 2024 figure is below that median.

• Anjaneyar Koil Sannathy Street North: 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 South

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, making the total Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anjaneyar Koil Sannathy Street South?

The Sub Registrar Office that covers Anjaneyar Koil Sannathy Street South 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. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Rajakilpakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted transparently and fairly.

When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions, based on the established guideline value.

Frequently asked questions

What is the current guideline value for Anjaneyar Koil Sannathy Street South?

The current guideline value for Anjaneyar Koil Sannathy Street South 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 2023 to Rs 1,300 per sq.ft in 2024, reflecting an 8% increase. It was Rs 804 per sq.ft in 2017, showing a significant increase of 49% to 2023.

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

The land classification for Anjaneyar Koil Sannathy Street South is Residential Class II Type - II, indicating its suitability for residential purposes.

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

The Selaiyur Sub Registrar Office covers Anjaneyar Koil Sannathy Street South, located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Chennai - 600 073.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, on a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 at a rate of 7%.