Guideline Value for Anumanthaputheri Madurai Veeran Koil Street

Anumanthaputheri Madurai Veeran Koil Street guideline value

The current guideline value of Anumanthaputheri Madurai Veeran Koil Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Chengalpattu Town village, under the Chengleput Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of Anumanthaputheri Madurai Veeran Koil Street has changed

The guideline value for Anumanthaputheri Madurai Veeran Koil Street has seen several revisions over the years. The earliest recorded value was Rs 375 per sq.ft in 2007. This figure increased significantly to Rs 2,200 per sq.ft in 2012, marking a substantial rise of 487%. However, from 2012 to 2017, the value decreased to Rs 1,474 per sq.ft, a drop of 33%. The value then rose again to Rs 2,200 per sq.ft in 2023, and currently stands at Rs 2,420 per sq.ft as of the 2024 revision, reflecting a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 545%.

Guideline values in Chengalpattu Town

In Chengalpattu Town, there are 55 streets under the Chengleput Joint I SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft, with a median value of Rs 3,025 per sq.ft. Anumanthaputheri Madurai Veeran Koil Street's 2024 guideline value is below this median.

• Anumanthaputheri Adhilakshmi Nagar: Rs 1,650 per sq.ft (2024)
• Anumanthaputheri Nadu Street: Rs 1,650 per sq.ft (2024)
• Anumanthaputheri Pillaiyar Koil Street: Rs 2,750 per sq.ft (2024)
• Anumanthaputheri T.V. Tower Road: Rs 1,650 per sq.ft (2024)
• Anumanthaputheri Varadharaj Nagar: Rs 2,750 per sq.ft (2024)
• Anna Salai: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Anumanthaputheri Madurai Veeran Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value would be Rs 24,20,000. The stamp duty at 7% would amount to Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total charges to Rs 2,17,800. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anumanthaputheri Madurai Veeran Koil Street?

The Sub Registrar Office that covers Anumanthaputheri Madurai Veeran Koil Street is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the property registration process in Chengalpattu Town. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property transaction occurs.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and fairly, reflecting the current market conditions as per the official register. Buyers and sellers should be aware of this value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Anumanthaputheri Madurai Veeran Koil Street?

The current guideline value of Anumanthaputheri Madurai Veeran Koil Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 375 per sq.ft in 2007 to Rs 2,420 per sq.ft in 2024, marking an overall increase of 545% over the years.

What is the land classification for this street?

Anumanthaputheri Madurai Veeran Koil Street is classified as Residential Class III Type - I.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 2,17,800, based on the applicable rates.

Which office handles the registration for this street?

The Chengleput Joint I Sub Registrar Office handles the registration for Anumanthaputheri Madurai Veeran Koil Street, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.