Guideline Value for Anjaneyar Koil Street

Anjaneyar Koil Street guideline value

The current guideline value of Anjaneyar Koil Street is Rs 3,520 per sq.ft, effective from 1 July 2024. This street is located in Porur village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Anjaneyar Koil Street has changed

The guideline value of Anjaneyar Koil Street has seen several revisions over the years. The 2012 revision set the value at Rs 3,200 per sq.ft, which was a decrease of 33% from the Rs 2,144 per sq.ft recorded in the 2017 revision. The value remained unchanged at Rs 3,200 per sq.ft in 2012 until the next revision in 2017.

In the 2017 revision, the value increased significantly to Rs 2,144 per sq.ft. Following this, the 2023 revision raised the value to Rs 3,200 per sq.ft, marking a 49% increase. The most recent revision in 2024 saw a further increase to Rs 3,520 per sq.ft, which is a 10% rise from the previous year.

Guideline values in Porur

In Porur, there are 530 streets under the Kunrathur SRO, with guideline values ranging from Rs 2,860 to Rs 6,380 per sq.ft. The median guideline value for these streets is Rs 3,960 per sq.ft, placing Anjaneyar Koil Street's 2024 figure below that median.

• Annai Kamala Nagar: Rs 4,290 per sq.ft (2024)
• Annai Sathya Nagar 8th Cross street: Rs 3,960 per sq.ft (2024)
• Annai Sathya Nagar IIIst Street: Rs 3,960 per sq.ft (2024)
• Annai Sathya Nagar II st Steet: Rs 3,960 per sq.ft (2024)
• Annai Sathya Nagar Ist Street: Rs 3,960 per sq.ft (2024)
• Annai Sathya Nagar IVth Street: Rs 3,960 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 3,520 per sq.ft, the total guideline value would be Rs 35,20,000. The stamp duty at 7% would amount to Rs 2,46,400, and the registration fee at 2% would be Rs 70,400, bringing the total fees together to Rs 3,16,800. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anjaneyar Koil Street?

The Sub Registrar Office that covers Anjaneyar Koil Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Porur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Anjaneyar Koil Street?

The current guideline value of Anjaneyar Koil Street is Rs 3,520 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,200 per sq.ft in 2023 to Rs 3,520 per sq.ft in 2024, which is a 10% increase. It was Rs 2,144 per sq.ft in 2017, which was a significant increase of 49% to the 2023 figure.

What is the land classification for Anjaneyar Koil Street?

Anjaneyar Koil Street is classified as Residential Special Type - II. This classification affects the guideline value and the types of properties that can be developed in the area.

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

The Sub Registrar Office for Anjaneyar Koil Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Anjaneyar Koil Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 35,20,000, the stamp duty at 7% would be Rs 2,46,400.