Guideline Value for Thiruneermalai Road Kaelmadu Street

Thiruneermalai Road Kaelmadu Street guideline value

The current guideline value for Thiruneermalai Road Kaelmadu Street is Rs 2,530 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, with a land classification of Commercial Class I Type - II.

How the guideline value of Thiruneermalai Road Kaelmadu Street has changed

Over the years, the guideline value for Thiruneermalai Road Kaelmadu Street has seen significant changes. The 2017 revision recorded a value of Rs 1,541 per sq.ft, which increased to Rs 2,300 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 2,530 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

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. Thiruneermalai Road Kaelmadu Street's 2024 guideline value is above this median.

• Thiruneermalai Road Burial Ground: Rs 2,530 per sq.ft (2024)
• Thiruneermalai Road 2nd Street: Rs 2,530 per sq.ft (2024)
• Thiruneermalai Road 1st Street: Rs 2,530 per sq.ft (2024)
• Thiruneermalai road: Rs 2,530 per sq.ft (2024)
• Thiru Nagr Bharathidasan Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Ragavendra Street: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruneermalai Road Kaelmadu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value amounts to Rs 25,30,000. The stamp duty at 7% would be Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, bringing the total charges to Rs 2,27,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Thiruneermalai Road Kaelmadu Street?

The Sub Registrar Office that covers Thiruneermalai Road Kaelmadu 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 Anakaputhur

The guideline value is a crucial factor when buying or selling property in Anakaputhur, as it determines the minimum price at which properties can be registered. Buyers and sellers must consider this value to ensure compliance with registration regulations.

At the time of registration, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transactions. It is essential to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Thiruneermalai Road Kaelmadu Street?

The current guideline value for Thiruneermalai Road Kaelmadu Street is Rs 2,530 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,541 per sq.ft in 2017 to Rs 2,300 per sq.ft in 2023, and then to Rs 2,530 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

Is there a guideline value for Thiruneermalai Road Kaelmadu Street for the years 2002, 2003, 2007, and 2012?

No, the register has no figures for Thiruneermalai Road Kaelmadu Street for the years 2002, 2003, 2007, and 2012.

What are the stamp duty and registration fees for properties on this street?

The stamp duty for a property valued at Rs 25,30,000 would be Rs 1,77,100, and the registration fee would be Rs 50,600, totaling Rs 2,27,700. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Thiruneermalai Road Kaelmadu Street?

The Pammal Sub Registrar Office handles the registration for Thiruneermalai Road Kaelmadu Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.