Guideline Value for ANNA NAGAR DOSS IIIRD STREET

Anna Nagar Doss Iiird Street guideline value

The current guideline value of Anna Nagar Doss Iiird Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Thundalam village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Anna Nagar Doss Iiird Street has changed

Over the years, the guideline value for Anna Nagar Doss Iiird Street has seen several revisions. The 2012 revision set the value at Rs 1,500 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,005 per sq.ft. The 2023 revision increased the value to Rs 1,500 per sq.ft, followed by a further increase to Rs 1,650 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

In summary, the guideline value has changed significantly from Rs 1,005 per sq.ft in 2017 to Rs 1,650 per sq.ft in 2024, reflecting an overall increase of 10% from the 2012 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thundalam

In Thundalam, there are 97 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,300 per sq.ft, with a median value of Rs 1,870 per sq.ft. The guideline value for Anna Nagar Doss Iiird Street is below this median.

• Anna Nagar Doss 1st Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Doss Iind Cross Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Doss 1st Cross Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Doss Iind Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Desigan Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Doss Ivth Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar Doss Iiird Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total charges to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Nagar Doss Iiird Street?

The Sub Registrar Office that covers Anna Nagar Doss Iiird Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035, Chennai registration zone.

To find your SRO, please visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Thundalam. It serves as a benchmark for determining the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is set by the Registration Department and is updated periodically to reflect changes in the real estate market.

When buying or selling property, the guideline value ensures that the transaction is registered at a fair value, preventing undervaluation and ensuring proper revenue for the government. Buyers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Anna Nagar Doss Iiird Street?

The current guideline value of Anna Nagar Doss Iiird Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, with various revisions in between. Notably, there was a significant increase of 49% from 2017 to 2023.

What are the registration fees for property in this area?

For a property valued at Rs 16,50,000, the stamp duty is Rs 1,15,500, and the registration fee is Rs 33,000, totaling Rs 1,48,500. These fees are based on the guideline value.

Which office handles property registrations for Anna Nagar Doss Iiird Street?

The Chennai South Joint I Sub Registrar Office is responsible for property registrations in Anna Nagar Doss Iiird Street, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

What is the land classification for Anna Nagar Doss Iiird Street?

Anna Nagar Doss Iiird Street is classified as Residential Class IV Type - II, indicating its suitability for residential development.