Guideline Value for Anjaneyar koil street

Anjaneyar koil street guideline value

The current guideline value of Anjaneyar koil street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Poonthamallee village, under the Poonamallee SRO, and is classified as Residential Class II Type - I.

How the guideline value of Anjaneyar koil street has changed

The guideline value for Anjaneyar koil street has seen several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012, marking a rise of 400%. However, in 2017, the value decreased to Rs 1,340 per sq.ft, a drop of 33%. The value then increased to Rs 2,000 per sq.ft in 2023, followed by the latest revision in 2024, which set the value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%. Overall, from 2007 to 2024, the guideline value has increased by 450%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Poonthamallee

Poonthamallee village has 257 streets under the Poonamallee SRO that carry a 2024 guideline value, ranging from Rs 1,980 to Rs 4,950 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, making Anjaneyar koil street's 2024 figure equal to this median.

• Ammankoil street east & west: Rs 2,200 per sq.ft (2024)
• Amman koil street: Rs 2,200 per sq.ft (2024)
• Ambedkar street: Rs 2,200 per sq.ft (2024)
• Alisayubu street: Rs 2,200 per sq.ft (2024)
• Arivolli Nagar: Rs 2,200 per sq.ft (2024)
• Adthavan Nagar: Rs 2,200 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 rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anjaneyar koil street?

The Sub Registrar Office that covers Anjaneyar koil street is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for further assistance.

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

The guideline value is used to determine the minimum value at which a property can be registered. It serves as a benchmark for calculating stamp duty and registration fees during property transactions.

When buying or selling property in Poonthamallee, it is essential to be aware of the guideline value, as it influences the costs associated with the transaction. Buyers should ensure that the sale price is at least equal to the guideline value to avoid any complications during registration.

Frequently asked questions

What is the current guideline value for Anjaneyar koil street?

The current guideline value for Anjaneyar koil street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 400 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 450%.

What is the registration fee for property in Anjaneyar koil street?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 22,00,000, the registration fee would be Rs 44,000.

Which office handles registrations for Anjaneyar koil street?

The Poonamallee Sub Registrar Office handles registrations for Anjaneyar koil street, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

How is stamp duty calculated for properties in Poonthamallee?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate tax during property transactions.