Guideline Value for ANNA NAGAR KAMBAR STREET

Anna Nagar Kambar Street guideline value

The current guideline value of Anna Nagar Kambar 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 Kambar Street has changed

The guideline value for Anna Nagar Kambar Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,005 per sq.ft, marking a decrease of 33%. The 2023 revision increased the value to Rs 1,500 per sq.ft, and the latest 2024 revision raised it further to Rs 1,650 per sq.ft, reflecting a 10% increase from the previous year.

In total, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The revisions for the years 2002, 2003, and 2007 do not have any figures listed for this street in the register.

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. The median value for these streets is Rs 1,870 per sq.ft, indicating that Anna Nagar Kambar Street's 2024 figure is below this median.

• Anna Nagar Kamarajar Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Kalainger Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Mahathama Gandhi Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar M.G.R. Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Muthamizh Street: Rs 1,650 per sq.ft (2024)
• Anna Nagar Natarajan Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar Kambar 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 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 the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Nagar Kambar Street?

The Sub Registrar Office that covers Anna Nagar Kambar 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. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thundalam. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

Frequently asked questions

What is the current guideline value for Anna Nagar Kambar Street?

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

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revisions occurring in 2024, 2023, 2017, and 2012 for Anna Nagar Kambar Street.

What was the guideline value in 2017?

The guideline value for Anna Nagar Kambar Street in 2017 was Rs 1,005 per sq.ft.

What is the land classification for Anna Nagar Kambar Street?

The land classification for Anna Nagar Kambar Street is Residential Class IV Type - II.

Where can I find the Sub Registrar Office for Anna Nagar Kambar Street?

The Sub Registrar Office for Anna Nagar Kambar Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.