Guideline Value for Anumar Koil Street

Anumar Koil Street guideline value

The current guideline value of Anumar Koil Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village under the Pallavaram SRO, with a land classification of Mixed Type - I.

How the guideline value of Anumar Koil Street has changed

The guideline value for Anumar Koil Street has seen several revisions over the years. In 2003, the value was Rs 205 per sq.ft, which increased significantly to Rs 600 per sq.ft in 2007, marking a change of +193%. Following that, the value surged to Rs 3,500 per sq.ft in 2012, reflecting a remarkable increase of +483%. The next revision in 2023 set the value at Rs 3,750 per sq.ft, which was a +7% change from the previous figure. The most recent revision in 2024 has raised the guideline value to Rs 3,850 per sq.ft, a change of +3% from 2023.

It is important to note that there are no figures available for the years 2002 and 2017 in the register for Anumar Koil Street.

Guideline values in Zaminpallavaram

Zaminpallavaram village has a total of 638 streets under the Pallavaram SRO, with 2024 guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median value for these streets is Rs 3,300 per sq.ft, placing Anumar Koil Street's 2024 figure above that median.

• Anthoniyar Koil Street (Gst Road): Rs 3,850 per sq.ft (2024)
• Arasamara Street: Rs 2,750 per sq.ft (2024)
• Arcot Jambulingam Street: Rs 3,850 per sq.ft (2024)
• Aringar Anna Street: Rs 3,520 per sq.ft (2024)
• Anna Street: Rs 3,300 per sq.ft (2024)
• Annasamy Street: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Anumar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value would be Rs 38,50,000. The stamp duty at 7% would amount to Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total fees together to Rs 3,46,500. Please note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anumar Koil Street?

The Sub Registrar Office that covers Anumar Koil Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Zaminpallavaram. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps to establish a baseline for the transaction. Buyers and sellers must be aware of this value to ensure compliance with legal requirements and to avoid any disputes during the registration process.

Frequently asked questions

What is the current guideline value of Anumar Koil Street?

The current guideline value of Anumar Koil Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 205 per sq.ft in 2003 to Rs 3,850 per sq.ft in 2024, marking an overall increase of +1778% over the years.

What are the stamp duty and registration fees for properties on Anumar Koil Street?

For a property valued at Rs 38,50,000, the stamp duty would be Rs 2,69,500, and the registration fee would be Rs 77,000, totaling Rs 3,46,500.

Which office handles registrations for Anumar Koil Street?

The Pallavaram Sub Registrar Office handles registrations for Anumar Koil Street, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

What is the land classification of Anumar Koil Street?

Anumar Koil Street is classified as Mixed Type - I, which indicates the type of land use permitted in the area.