Guideline Value for Anjaneyar Koil Street, Lakshmi Narayanan Nagar

Anjaneyar Koil Street, Lakshmi Narayanan Nagar guideline value

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

How the guideline value of Anjaneyar Koil Street, Lakshmi Narayanan Nagar has changed

The guideline value for Anjaneyar Koil Street has undergone several revisions over the years. The 2017 revision recorded a guideline value of Rs 1,206 per sq.ft, which increased to Rs 1,800 per sq.ft in the 2023 revision. The latest revision in 2024 has set the value at Rs 1,980 per sq.ft, marking a significant increase of 64% from 2017 to 2024. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

From 2023 to 2024, the guideline value increased by 10%, reflecting a rise in property values. The jump from 2017 to 2023 was even more pronounced at 49%, indicating a steady increase in the guideline value over the years.

Guideline values in Pammal

In Pammal, 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 guideline value for these streets is Rs 2,090 per sq.ft, placing Anjaneyar Koil Street's 2024 figure below this median.

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

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, bringing the total cost for these fees to Rs 1,78,200. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anjaneyar Koil Street, Lakshmi Narayanan Nagar?

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

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

The guideline value is a crucial reference point when buying or selling property in Pammal. It is used to determine the stamp duty and registration fees applicable during the registration process.

When a property is sold, the guideline value ensures that the transaction is recorded accurately, reflecting the official value set by the registration department. This helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Anjaneyar Koil Street?

The current guideline value of Anjaneyar Koil Street, Lakshmi Narayanan Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024. This represents an overall increase of 64% over the seven-year period.

What are the stamp duty and registration fees for property in Anjaneyar Koil Street?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which office handles property registrations for Anjaneyar Koil Street?

The Pammal Sub Registrar Office handles property registrations for Anjaneyar Koil Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Anjaneyar Koil Street?

Anjaneyar Koil Street is classified as Residential Class II Type - II, indicating its use for residential purposes.