Guideline Value for Yadhaval Street Lane

Yadhaval Street Lane guideline value

The current guideline value of Yadhaval Street Lane is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Yadhaval Street Lane has changed

Over the years, the guideline value of Yadhaval Street Lane has seen significant changes. The 2017 revision recorded a value of Rs 804 per sq.ft, which increased to Rs 1,200 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 shows a further increase to Rs 1,320 per sq.ft, representing a 10% change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Yadhaval Street Lane. Overall, from 2017 to 2024, the guideline value has increased by 64%.

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. The median value for these streets is Rs 1,980 per sq.ft, placing Yadhaval Street Lane's 2024 figure below that median.

• Yadawal Street: Rs 1,760 per sq.ft (2024)
• West Ratha Veethi: Rs 1,760 per sq.ft (2024)
• 200 Feet Road (Byepass Road): Rs 2,310 per sq.ft (2024)
• 30 feet Road / Balaji Nagar: Rs 2,350 per sq.ft (2024)
• VOC Street: Rs 1,760 per sq.ft (2024)
• VOC Nagar 2nd Street: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in Yadhaval Street Lane

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Yadhaval Street Lane?

The Yadhaval Street Lane falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties.

When buying or selling property, the guideline value is assessed alongside the sale price. The stamp duty and registration fees are calculated based on the higher of these two values, ensuring that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value of Yadhaval Street Lane?

The current guideline value of Yadhaval Street Lane is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft in 2024, marking an overall increase of 64%.

What is the median guideline value in Anakaputhur?

The median guideline value for the 501 streets in Anakaputhur under the Pammal SRO is Rs 1,980 per sq.ft, with Yadhaval Street Lane's value being below this median.

What are the stamp duty and registration fees for properties in Yadhaval Street Lane?

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Which office handles the registration for Yadhaval Street Lane?

The registration for Yadhaval Street Lane is handled by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.