Guideline Value for Aothiyamman Koil Street

Aothiyamman Koil Street guideline value

The current guideline value of Aothiyamman Koil Street in Anakaputhur village is Rs 1,320 per sq.ft, effective from the 2024 revision. This street falls under the Pammal SRO and is classified as Residential Class II Type - II.

How the guideline value of Aothiyamman Koil Street has changed

The guideline value for Aothiyamman Koil Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, which reflects a 10% increase from the 2023 figure of Rs 1,200 per sq.ft. Prior to that, in 2017, the guideline value was Rs 804 per sq.ft, marking a significant increase of 49% to the 2023 figure. The register has no figures for the years 2002, 2003, 2007, and 2012.

Overall, from 2017 to 2024, the guideline value has increased by 64%. This progression highlights the changes in the valuation of properties in Aothiyamman Koil Street 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 for these streets is Rs 1,980 per sq.ft, placing Aothiyamman Koil Street's 2024 value below this median.

• Aothiyamman Koil Street 1st Cross 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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling 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. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aothiyamman Koil Street?

The Sub Registrar Office that covers Aothiyamman Koil Street is 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 property transactions in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property. Buyers and sellers must be aware of the current guideline value to ensure proper compliance with registration requirements.

When a property is registered, the guideline value is used to calculate the fees associated with the transaction. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Aothiyamman Koil Street?

The current guideline value of Aothiyamman Koil 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, reflecting an overall increase of 64% over this period.

What are the other streets with the same guideline value in Anakaputhur?

Other streets in Anakaputhur with the same guideline value of Rs 1,320 per sq.ft in 2024 include Aothiyamman Koil Street 1st Cross Street, Aothiyamman Koil Street 2nd Cross Street, and Anthonayar Street.

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

The Sub Registrar Office for Aothiyamman Koil Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Aothiyamman Koil Street?

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