Guideline Value for E.B.Colony 1st Street

E.B.Colony 1st Street guideline value

The current guideline value of E.B.Colony 1st Street is Rs 1,870 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class I Type - II.

How the guideline value of E.B.Colony 1st Street has changed

The guideline value for E.B.Colony 1st Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,139 per sq.ft, which increased to Rs 1,700 per sq.ft in 2023. The most recent revision in 2024 has raised this figure to Rs 1,870 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%, and the overall change from 2017 to 2024 is a significant 64%. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO with a 2024 guideline value range 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, making the 2024 figure for E.B.Colony 1st Street below this median.

• E.B.Colony 2nd Street: Rs 1,870 per sq.ft (2024)
• Dr.Radhakrishnan Street (Balaji Nagar): Rs 2,350 per sq.ft (2024)
• Dobikana: Rs 1,760 per sq.ft (2024)
• Ganapathy Nagar: Rs 1,760 per sq.ft (2024)
• Ganapathy Nagar 1st Street: Rs 1,760 per sq.ft (2024)
• Ganapathy Nagar 2nd Street: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in E.B.Colony 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,870 per sq.ft, the total guideline value amounts to Rs 18,70,000. The stamp duty at 7% would be Rs 1,30,900, and the registration fee at 2% would be Rs 37,400, making the total charges Rs 1,68,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers E.B.Colony 1st Street?

The Sub Registrar Office that covers E.B.Colony 1st Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the 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 minimum value on which stamp duty and registration fees are calculated.

Frequently asked questions

What is the current guideline value of E.B.Colony 1st Street?

The current guideline value of E.B.Colony 1st Street is Rs 1,870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,139 per sq.ft in 2017 to Rs 1,700 per sq.ft in 2023, and then to Rs 1,870 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

What is the land classification of E.B.Colony 1st Street?

E.B.Colony 1st Street is classified as Residential Class I Type - II. This classification is important for understanding the type of properties and developments allowed in the area.

Where is the registration office for E.B.Colony 1st Street?

The registration office for E.B.Colony 1st Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in E.B.Colony 1st Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 1,30,900.