Guideline Value for Anjenayar Koil Street

Anjenayar Koil Street guideline value

The current guideline value of Anjenayar Koil Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Pammal village under the Pammal SRO, classified as Residential Class III Type - II.

How the guideline value of Anjenayar Koil Street has changed

The guideline value for Anjenayar Koil Street has seen significant changes over the years. The earliest recorded figure is from 2002, with a guideline value of Rs 120 per sq.ft. This increased to Rs 136 per sq.ft in 2003, marking a rise of 13%. The value then jumped to Rs 260 per sq.ft in 2007, reflecting a substantial increase of 91%. By 2017, the guideline value reached Rs 1,072 per sq.ft, which was a remarkable increase of 312%. The 2023 revision set the value at Rs 1,600 per sq.ft, showing a 49% increase from 2017. The most recent revision in 2024 has established the current value at Rs 1,760 per sq.ft, which is a 10% increase from the previous year. Notably, there is no figure recorded for this street in the 2012 revision.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value for these streets is Rs 2,090 per sq.ft, indicating that Anjenayar Koil Street's 2024 figure is below this median.

• Anjaneyar Koil Street, Lakshmi Narayanan Nagar: Rs 1,980 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 Anjenayar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, while the registration fee at 2% would be Rs 35,200. Together, these fees would total Rs 1,58,400. 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 Anjenayar Koil Street?

The Sub Registrar Office covering Anjenayar 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 information.

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

The guideline value is a crucial factor when buying or selling property in Pammal. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must be aware of the guideline value to ensure compliance with registration requirements and to avoid any legal issues.

When a property is sold, 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 of Anjenayar Koil Street?

The current guideline value of Anjenayar Koil Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 120 per sq.ft in 2002 to Rs 1,760 per sq.ft in 2024, which is an overall increase of 1,367% over the years.

What is the median guideline value for streets in Pammal?

The median guideline value for the 926 streets in Pammal is Rs 2,090 per sq.ft, making Anjenayar Koil Street's 2024 figure below this median.

What are the stamp duty and registration fees for Anjenayar Koil Street?

For a property valued at Rs 17,60,000, the stamp duty would be Rs 1,23,200 and the registration fee would be Rs 35,200, totaling Rs 1,58,400.

Where is the Sub Registrar Office for Anjenayar Koil Street located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.