Guideline Value for ANNA KUDIYIRUPPU 1 & 2

Anna Kudiyiruppu 1 & 2 guideline value

The current guideline value for Anna Kudiyiruppu 1 & 2 is Rs 550 per sq.ft. This property is located in Tiruttani village under the Thiruttani SRO, classified as Residential Class V Type - I.

How the guideline value of Anna Kudiyiruppu 1 & 2 has changed

The guideline value for Anna Kudiyiruppu 1 & 2 has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 550 per sq.ft, an increase from Rs 500 per sq.ft in 2023, marking a 10% rise. Prior to that, in 2017, the guideline value was Rs 335 per sq.ft, indicating a significant increase of 49% from 2017 to 2023 and an overall increase of 64% from 2017 to 2024.

It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft. The median value for these streets is Rs 825 per sq.ft, placing Anna Kudiyiruppu 1 & 2 below this median.

• Anna Nagar: Rs 550 per sq.ft (2024)
• Anumanthapuram: Rs 825 per sq.ft (2024)
• Angalamman Koil Street: Rs 825 per sq.ft (2024)
• Arakonam Road ( Mgr Nagar To Mali Pathai): Rs 1,099 per sq.ft (2024)
• Arikarai Street: Rs 825 per sq.ft (2024)
• Arumugaswamy Koil Stret: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Kudiyiruppu 1 & 2

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Kudiyiruppu 1 & 2?

The Sub Registrar Office that covers Anna Kudiyiruppu 1 & 2 is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property transactions in Tiruttani. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the expected costs associated with the transaction. It is essential to consider this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Anna Kudiyiruppu 1 & 2?

The current guideline value for Anna Kudiyiruppu 1 & 2 is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 550 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the land classification for Anna Kudiyiruppu 1 & 2?

Anna Kudiyiruppu 1 & 2 is classified as Residential Class V Type - I.

Where can I find the Thiruttani Sub Registrar Office?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

How is stamp duty calculated for properties in Tiruttani?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 5,50,000 would incur a stamp duty of Rs 38,500 at a rate of 7%.