Guideline Value for Anjaneyar Koil Street

Anjaneyar Koil Street guideline value

The current guideline value of Anjaneyar Koil Street is Rs 2,900 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village, under the Selaiyur SRO, and is classified as Residential Special Type - I.

How the guideline value of Anjaneyar Koil Street has changed

The guideline value for Anjaneyar Koil Street has undergone several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 600 per sq.ft. This figure saw a significant increase to Rs 2,700 per sq.ft in 2012, marking a rise of 350%. However, the value dropped to Rs 1,809 per sq.ft in 2017, a decrease of 33%. The subsequent revision in 2023 brought the value back up to Rs 2,700 per sq.ft, and the latest revision in 2024 set it at Rs 2,900 per sq.ft, reflecting a 7% increase from the previous year.

It is important to note that there are no recorded figures for Anjaneyar Koil Street in the revisions for 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 383%.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO, with guideline values ranging from Rs 850 to Rs 6,500 per sq.ft. The median guideline value in the village is Rs 2,200 per sq.ft, placing Anjaneyar Koil Street's 2024 figure above this median.

• Annadurai Street: Rs 950 per sq.ft (2024)
• Andal Street: Rs 2,900 per sq.ft (2024)
• Ananthapuram 1st Street: Rs 2,900 per sq.ft (2024)
• Ananthapuram: Rs 2,900 per sq.ft (2024)
• Annai Nagar: Rs 2,900 per sq.ft (2024)
• Anandapuram M.G.R Street: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Anjaneyar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,900 per sq.ft, the total guideline value would be Rs 29,00,000. The stamp duty at 7% would amount to Rs 2,03,000, and the registration fee at 2% would be Rs 58,000, bringing the total to Rs 2,61,000. 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 Street?

The Sub Registrar Office covering Anjaneyar Koil Street 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 Selaiyur

The guideline value is a critical factor during the registration of property transactions in Selaiyur. It serves as a reference for determining the minimum value at which a property can be sold or purchased. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value helps in calculating the stamp duty and registration fees. These costs are based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is recorded accurately and legally.

Frequently asked questions

What is the current guideline value of Anjaneyar Koil Street?

The current guideline value of Anjaneyar Koil Street is Rs 2,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 600 per sq.ft in 2007 to Rs 2,900 per sq.ft in 2024, reflecting an overall increase of 383% over the years.

What is the median guideline value in Selaiyur?

The median guideline value in Selaiyur is Rs 2,200 per sq.ft, which means Anjaneyar Koil Street's 2024 figure is above this median.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 2,61,000.

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

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