Guideline Value for Muthumari Amman Koil Street, Anna Nagar

Muthumari Amman Koil Street, Anna Nagar guideline value

The current guideline value of Muthumari Amman Koil Street, Anna Nagar is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal Sub Registrar Office (SRO). The land classification for this street is Commercial Class I Type - II.

How the guideline value of Muthumari Amman Koil Street, Anna Nagar has changed

The guideline value for Muthumari Amman Koil Street has seen several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was set at Rs 2,500 per sq.ft, and in 2024, it increased to Rs 2,750 per sq.ft, marking a change of +10% between these two revisions.

This increase reflects a significant adjustment in the guideline value, moving from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024. The current value is now established as the latest figure following the 2024 revision.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in the village is Rs 2,090 per sq.ft, placing Muthumari Amman Koil Street's 2024 figure above this median.

• Muthumariamman Koil Street / Mungil Lake: Rs 1,980 per sq.ft (2024)
• Muthumariamman Koil Street / Nagal Keni: Rs 1,980 per sq.ft (2024)
• MuthuKaruppan Street, Pasumpon Nagar: Rs 1,980 per sq.ft (2024)
• Muthuramalinga Devar Street: Rs 1,760 per sq.ft (2024)
• Muthusha Cross Street, Lord Srinivasa Colony: Rs 1,980 per sq.ft (2024)
• Muthu Street, Central Bank Colony: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Muthumari Amman Koil Street, Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, while the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Muthumari Amman Koil Street, Anna Nagar?

The Sub Registrar Office that covers Muthumari Amman Koil 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 Pammal

The guideline value plays a crucial role in the registration process when buying or selling property in Pammal. It serves as the benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation rather than fluctuating market prices.

When a property transaction occurs, the guideline value is referenced to determine the applicable fees, ensuring transparency and consistency in the registration process. Buyers and sellers should be aware of the current guideline value to accurately estimate their costs during a transaction.

Frequently asked questions

What is the current guideline value of Muthumari Amman Koil Street?

The current guideline value of Muthumari Amman Koil Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Muthumari Amman Koil Street has increased from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, reflecting a +10% change. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Muthumari Amman Koil Street?

The land classification for Muthumari Amman Koil Street is Commercial Class I Type - II. This classification may affect the usage and development potential of the property.

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

The Sub Registrar Office for Muthumari Amman Koil Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. This office handles the registration of property transactions in the area.

How is stamp duty calculated for properties in Pammal?

Stamp duty in Pammal is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 27,50,000 would incur a stamp duty of Rs 1,92,500 at 7%.