Guideline Value for Aothiyamman Koil Street 1st Cross Street

Aothiyamman Koil Street 1st Cross Street guideline value

The current guideline value of Aothiyamman Koil Street 1st Cross Street is Rs 1,320 per sq.ft. This street is located in Anakaputhur village, which falls under the Pammal SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Aothiyamman Koil Street 1st Cross Street has changed

The guideline value for Aothiyamman Koil Street 1st Cross Street has seen several revisions over the years. The 2017 revision set the value at Rs 804 per sq.ft, which increased to Rs 1,200 per sq.ft in the 2023 revision. The most recent revision in 2024 has further increased the value to Rs 1,320 per sq.ft, marking a 10% increase from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and the overall increase from 2017 to 2024 is 64%. These changes reflect the adjustments made in the guideline value register over the years.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value in this village is Rs 1,980 per sq.ft, indicating that Aothiyamman Koil Street 1st Cross Street's 2024 figure is below the median.

• Aothiyamman Koil Street: Rs 1,320 per sq.ft (2024)
• Aothiyamman Koil Street 2nd Cross Street: Rs 1,320 per sq.ft (2024)
• Anthonayar Street: Rs 1,320 per sq.ft (2024)
• Anna Street (Sathya Nagar): Rs 1,760 per sq.ft (2024)
• Anna Street (Balaji Nagar): Rs 2,350 per sq.ft (2024)
• Anna Nagr 4th Street, Ist Lane: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Aothiyamman Koil Street 1st Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aothiyamman Koil Street 1st Cross Street?

The Aothiyamman Koil Street 1st Cross Street falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer and seller must consider the guideline value to ensure compliance with local regulations. The registration office uses this value to assess the appropriate fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Aothiyamman Koil Street 1st Cross Street?

The current guideline value of Aothiyamman Koil Street 1st Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 804 per sq.ft in 2017 to Rs 1,320 per sq.ft in 2024. This represents an overall increase of 64% over the seven-year period.

What is the land classification for Aothiyamman Koil Street 1st Cross Street?

The land classification for Aothiyamman Koil Street 1st Cross Street is Residential Class II Type - II.

Which Sub Registrar Office is responsible for Aothiyamman Koil Street 1st Cross Street?

The Pammal Sub Registrar Office is responsible for Aothiyamman Koil Street 1st Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 at a rate of 7%.