Guideline Value for Kurungaleeshwarar Koil Street

Kurungaleeshwarar Koil Street guideline value

The current guideline value of Kurungaleeshwarar Koil Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village under the AnnaNagar SRO and is classified as Residential Class I Type - II.

How the guideline value of Kurungaleeshwarar Koil Street has changed

The guideline value for Kurungaleeshwarar Koil Street has undergone several revisions over the years. In 2007, the value was Rs 1,300 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012. However, it decreased to Rs 2,680 per sq.ft by 2017. The value then rose to Rs 4,000 per sq.ft in 2023, before reaching the current figure of Rs 4,400 per sq.ft in 2024, marking a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 238%. The revisions for the years 2002 and 2003 do not have any figures listed in the register for this street.

Guideline values in Koyakbedu

Koyakbedu village has a total of 270 streets under the AnnaNagar SRO, with 2024 guideline values ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value is Rs 4,400 per sq.ft, which is equal to the current value of Kurungaleeshwarar Koil Street.

• Kurungaleeswarar Koil Street (Western side Street) P.H.Road, to Kaliamman Koil Street: Rs 4,400 per sq.ft (2024)
• Kurinji Street Brindavan Nagar: Rs 4,400 per sq.ft (2024)
• Kumaran Nagar Main Road: Rs 4,400 per sq.ft (2024)
• Kumaran Nagar 5th Street: Rs 4,400 per sq.ft (2024)
• Kumaran Nagar 5th Cross Street: Rs 4,400 per sq.ft (2024)
• Kumaran Nagar 4th Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Kurungaleeshwarar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, while the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that 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 details.

Which Sub Registrar Office covers Kurungaleeshwarar Koil Street?

The Sub Registrar Office that covers Kurungaleeshwarar Koil Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur EB Office. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Koyakbedu. It is used to determine the stamp duty and registration fees, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Kurungaleeshwarar Koil Street?

The current guideline value of Kurungaleeshwarar Koil Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,300 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 238% over the years.

What are the stamp duty and registration fees for properties here?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 44,00,000, the total fees would amount to Rs 3,96,000.

Which office handles the registration for Kurungaleeshwarar Koil Street?

The AnnaNagar Sub Registrar Office handles the registration for Kurungaleeshwarar Koil Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the land classification for Kurungaleeshwarar Koil Street?

Kurungaleeshwarar Koil Street is classified as Residential Class I Type - II, indicating its suitability for residential purposes.