Guideline Value for ANNA 1 to 4 Street

ANNA 1 to 4 Street guideline value

The current guideline value of ANNA 1 to 4 Street is Rs 1,500 per sq.ft. This street is located in Kolapakkam village, under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of ANNA 1 to 4 Street has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 1,005 per sq.ft. However, in the 2023 revision, the guideline value increased significantly to Rs 1,500 per sq.ft again. The register has no figures for the revisions in 2002, 2003, 2007, and 2024.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2023, there has been no change in the guideline value.

Guideline values in Kolapakkam

Currently, the only guideline value available for ANNA 1 to 4 Street is Rs 1,500 per sq.ft. There are no other streets in Kolapakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in ANNA 1 to 4 Street

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, totaling Rs 1,35,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers ANNA 1 to 4 Street?

The Sub Registrar Office that covers ANNA 1 to 4 Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an important factor when registering a property in Kolapakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of ANNA 1 to 4 Street?

The current guideline value of ANNA 1 to 4 Street is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has seen a decrease to Rs 1,005 per sq.ft in 2017, but it returned to Rs 1,500 per sq.ft in 2023. Overall, there has been no change from 2012 to 2023.

What is the stamp duty rate for properties in Kolapakkam?

The stamp duty rate for properties in Kolapakkam is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Is there a guideline value for the year 2024 for ANNA 1 to 4 Street?

The register has no figure for the year 2024 for ANNA 1 to 4 Street. The latest available guideline value is from 2023.