Guideline Value for Kamarajapuram Mariyan Street

Kamarajapuram Mariyan Street guideline value

The current guideline value of Kamarajapuram Mariyan Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - I.

How the guideline value of Kamarajapuram Mariyan Street has changed

The guideline value for Kamarajapuram Mariyan Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in the 2023 revision. The most recent revision in 2024 raised it further to Rs 1,760 per sq.ft, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value rose by 49%, showcasing a significant increase over that period. Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets registered under the Pammal SRO, with the 2024 guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing Kamarajapuram Mariyan Street's 2024 figure below this median.

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

Stamp duty and registration fee for property in Kamarajapuram Mariyan Street

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

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamarajapuram Mariyan Street?

The Sub Registrar Office that covers Kamarajapuram Mariyan 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 details.

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

The guideline value plays a crucial role during property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold, ensuring that the government receives the appropriate revenue from these transactions.

When registering a property, the guideline value is considered alongside the sale price, with the higher amount being used to calculate the necessary fees. This ensures that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value of Kamarajapuram Mariyan Street?

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,072 per sq.ft in 2017 to Rs 1,600 per sq.ft in 2023, and then to Rs 1,760 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

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

Other streets in Anakaputhur with the same guideline value of Rs 1,760 per sq.ft in 2024 include Kamarajapuram Nesamany Street, Kamarajapuram Kutti Nadar Street, Kamarajapuram North RadhaVeethi, Kamarajapuram Gandhi Street Cross Street, Kamarajapuram North RadhaVeeti Cross, and Kamarajapuram Gandhi Street.

What are the stamp duty and registration fees for properties in Kamarajapuram Mariyan Street?

For a 1,000 sq.ft plot at the guideline value of Rs 1,760 per sq.ft, the stamp duty would be Rs 1,23,200 and the registration fee would be Rs 35,200, totaling Rs 1,58,400. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Kamarajapuram Mariyan Street?

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