Guideline Value for Anthoniyar Koil Street

Anthoniyar Koil Street guideline value

The current guideline value of Anthoniyar Koil Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Naduveerapattu village under the Padappai SRO, classified as Residential Class I Type - I.

How the guideline value of Anthoniyar Koil Street has changed

The guideline value for Anthoniyar Koil Street has undergone several revisions over the years. The earliest revision available is from 2012, when the guideline value was Rs 500 per sq.ft. This figure remained unchanged until 2017, when it decreased to Rs 335 per sq.ft, marking a decline of 33%. The value then increased to Rs 500 per sq.ft in 2023, followed by a rise to Rs 550 per sq.ft in 2024, reflecting a 10% increase.

From 2017 to 2023, there was a significant increase of 49%. Overall, comparing the 2012 figure to the 2024 figure, the guideline value has increased by 10%. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Naduveerapattu

Naduveerapattu village has a total of 96 streets under the Padappai SRO, with guideline values ranging from Rs 330 to Rs 2,500 per sq.ft as of 2024. The median guideline value for these streets is Rs 660 per sq.ft, placing Anthoniyar Koil Street's 2024 value below this median.

• Anthaiya Samy Street: Rs 550 per sq.ft (2024)
• Anthony Nagar: Rs 1,320 per sq.ft (2024)
• Anthonypuram: Rs 440 per sq.ft (2024)
• Anna Street: Rs 550 per sq.ft (2024)
• Arulappa Nagar: Rs 550 per sq.ft (2024)
• Ashok Brindavanam Phase - II: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Anthoniyar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total fees to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Anthoniyar Koil Street?

Anthoniyar Koil Street falls under the jurisdiction of the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor during the registration of property transactions in Naduveerapattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anthoniyar Koil Street?

The current guideline value of Anthoniyar Koil Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the median guideline value in Naduveerapattu?

The median guideline value in Naduveerapattu is Rs 660 per sq.ft, with Anthoniyar Koil Street's current value being below this median.

What are the stamp duty rates for property transactions?

The stamp duty rate for property transactions in this area is 7%, while the registration fee is 2% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office covering Anthoniyar Koil Street is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.