Guideline Value for Sri Veera Anjaneyar Koil Street

Sri Veera Anjaneyar Koil Street guideline value

The current guideline value of Sri Veera Anjaneyar Koil Street is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Mangadu -A village under the Kunrathur SRO, classified as Residential Class II Type - I.

How the guideline value of Sri Veera Anjaneyar Koil Street has changed

In the 2017 revision, the guideline value was Rs 938 per sq.ft. This figure increased significantly to Rs 1,400 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,540 per sq.ft, which is a 10% increase from the previous year. The register has no figure for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. This reflects the changes over the years, with the 2024 figure now standing at Rs 1,540 per sq.ft.

Guideline values in Mangadu -A

In Mangadu -A, there are 208 streets under the Kunrathur SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,870 per sq.ft, placing Sri Veera Anjaneyar Koil Street's 2024 value below that median.

• Subha Mangala Nagar: Rs 1,700 per sq.ft (2024)
• Sri Ram Nagar: Rs 1,870 per sq.ft (2024)
• Sri Ramachandra Nagar: Rs 1,870 per sq.ft (2024)
• Sultanapettai Mosque Street: Rs 1,870 per sq.ft (2024)
• Sultanapettai South Street: Rs 1,870 per sq.ft (2024)
• Sultan Nagar: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Veera Anjaneyar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total to Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Veera Anjaneyar Koil Street?

The Sub Registrar Office that covers Sri Veera Anjaneyar Koil Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Mangadu -A

The guideline value is a crucial factor when registering property transactions in Mangadu -A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Sri Veera Anjaneyar Koil Street?

The current guideline value of Sri Veera Anjaneyar Koil Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 938 per sq.ft to Rs 1,540 per sq.ft in 2024, marking an overall increase of 64% over the years.

What was the guideline value in 2023?

The guideline value of Sri Veera Anjaneyar Koil Street in 2023 was Rs 1,400 per sq.ft.

Which Sub Registrar Office handles registrations for this street?

The Kunrathur Sub Registrar Office handles registrations for Sri Veera Anjaneyar Koil Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the median guideline value for streets in Mangadu -A?

The median guideline value for streets in Mangadu -A is Rs 1,870 per sq.ft, which is higher than the current value of Sri Veera Anjaneyar Koil Street.