Guideline Value for ANNA SALAI (A) HIGH ROAD

Anna Salai (A) High Road guideline value

The current guideline value of Anna Salai (A) High Road is Rs 3,520 per sq.ft, effective from 1 July 2024. This street is located in Chengalpattu Natham village, under the Chengleput Joint II SRO, and is classified as Mixed Type - I land.

How the guideline value of Anna Salai (A) High Road has changed

The guideline value for Anna Salai (A) High Road has experienced several revisions over the years. The earliest recorded figure is from 2012, which was Rs 3,200 per sq.ft. This was followed by a decrease in 2017 to Rs 2,144 per sq.ft, marking a decline of 33%. In 2023, the value increased to Rs 3,200 per sq.ft, and the most recent revision in 2024 saw it rise to Rs 3,520 per sq.ft, which is a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased significantly by 49%. Overall, from 2012 to 2024, the guideline value has seen a 10% increase. It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Anna Salai (A) High Road's 2024 figure above this median.

• Anna Salai Ward-1: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-2: Rs 3,520 per sq.ft (2024)
• Annai Anjukam Nagar: Rs 1,100 per sq.ft (2024)
• Angalamman Koil Street: Rs 2,200 per sq.ft (2024)
• Aliyar Street: Rs 2,200 per sq.ft (2024)
• Bajar Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Salai (A) High Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,520 per sq.ft, the total guideline value would be Rs 35,20,000. The stamp duty, charged at 7%, would amount to Rs 2,46,400, while the registration fee at 2% would be Rs 70,400. Therefore, the total cost for these fees would be Rs 3,16,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Salai (A) High Road?

The Sub Registrar Office that covers Anna Salai (A) High Road is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the property registration process in Chengalpattu Natham. It serves as a reference point for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value, as it can influence the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during the property buying or selling process.

Frequently asked questions

What is the current guideline value of Anna Salai (A) High Road?

The current guideline value of Anna Salai (A) High Road is Rs 3,520 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,200 per sq.ft in 2023 to Rs 3,520 per sq.ft in 2024, showing a 10% increase. It was Rs 2,144 per sq.ft in 2017, which was a significant increase of 49% by 2023.

What is the land classification for Anna Salai (A) High Road?

Anna Salai (A) High Road is classified as Mixed Type - I land, which is important for understanding the zoning and usage regulations in the area.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 35,20,000, the stamp duty would be Rs 2,46,400 and the registration fee would be Rs 70,400, totaling Rs 3,16,800. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Salai (A) High Road located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles the registration of properties in the area.