Guideline Value for Kamarajapuram Gandhi Street Cross Street

Kamarajapuram Gandhi Street Cross Street guideline value

The current guideline value of Kamarajapuram Gandhi Street Cross Street is Rs 1,760 per sq.ft. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class II Type - I.

How the guideline value of Kamarajapuram Gandhi Street Cross Street has changed

The guideline value for Kamarajapuram Gandhi Street Cross Street has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 1,072 per sq.ft. This increased to Rs 1,600 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 1,760 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%, highlighting the changes in property valuation 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, with a median value of Rs 1,980 per sq.ft. Kamarajapuram Gandhi Street Cross Street's 2024 figure of Rs 1,760 per sq.ft is below this median.

• Kamarajapuram Gandhi Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Kutti Nadar Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Mariyan Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram Nesamany Street: Rs 1,760 per sq.ft (2024)
• Kamarajapuram North RadhaVeethi: Rs 1,760 per sq.ft (2024)
• Kamarajapuram North RadhaVeeti Cross: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Kamarajapuram Gandhi Street Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total fees together to Rs 1,58,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kamarajapuram Gandhi Street Cross Street?

The Kamarajapuram Gandhi Street Cross Street falls under 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 when buying or selling property in Anakaputhur, as it determines the minimum value at which the property can be registered. This value is set by the government and is regularly updated to reflect changes in the market.

When you register a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone.

Frequently asked questions

What is the current guideline value of Kamarajapuram Gandhi Street Cross Street?

The current guideline value of Kamarajapuram Gandhi Street Cross Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,072 per sq.ft to Rs 1,760 per sq.ft in 2024, which is an overall increase of 64%.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Kamarajapuram Gandhi Street Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Kamarajapuram Gandhi Street Cross Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

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

Other streets in Anakaputhur with the same guideline value of Rs 1,760 per sq.ft include Kamarajapuram Kutti Nadar Street, Kamarajapuram Mariyan Street, Kamarajapuram Nesamany Street, Kamarajapuram North RadhaVeethi, and Kamarajapuram North RadhaVeeti Cross.