Guideline Value for ANNA SALAI KAMARAJAPURAM

Anna Salai Kamarajapuram guideline value

The current guideline value of Anna Salai Kamarajapuram is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is located in Thandurai village, under the Avadi SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Anna Salai Kamarajapuram has changed

The guideline value for Anna Salai Kamarajapuram has undergone several revisions over the years. Starting from the 2002 revision, the value was Rs 141 per sq.ft. This increased to Rs 162 per sq.ft in 2003, followed by a significant rise to Rs 478 per sq.ft in 2007. The value continued to climb, reaching Rs 1,200 per sq.ft in 2012, but then dropped to Rs 804 per sq.ft in 2017. The 2023 revision saw a substantial increase to Rs 1,800 per sq.ft, and the most recent revision in 2024 set the value at Rs 1,980 per sq.ft.

Between the revisions, there were notable changes. The increase from 2023 to 2024 was 10%. From 2017 to 2023, the value rose by 124%. The 2012 to 2017 revision saw a decrease of 33%. The 2007 to 2012 period experienced a significant increase of 151%. The value jumped by 195% from 2003 to 2007, and from 2002 to 2003, there was an increase of 15%. Overall, from 2002 to 2024, the guideline value has increased by 1304%.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft, with a median value of Rs 988 per sq.ft. The guideline value for Anna Salai Kamarajapuram is above this median.

• Anna Salai (M.T.H.Road Gandhi Nagar): Rs 1,950 per sq.ft (2024)
• Anna Street (Babu Nagar): Rs 1,980 per sq.ft (2024)
• Anna Street Kakkanji Nagar: Rs 988 per sq.ft (2024)
• Anna Nagar Main Road: Rs 988 per sq.ft (2024)
• Antony Street: Rs 988 per sq.ft (2024)
• Anna Nagar Avenue: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Salai Kamarajapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Salai Kamarajapuram?

The Anna Salai Kamarajapuram area is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Thandurai. It serves as a reference point for determining the stamp duty and registration fees that must be paid when a property is bought or sold.

When a buyer approaches the registration office, the property will be assessed based on the guideline value. This ensures that the appropriate fees are calculated based on the established rates, providing transparency in the transaction process.

Frequently asked questions

What is the current guideline value of Anna Salai Kamarajapuram?

The current guideline value of Anna Salai Kamarajapuram is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen significant changes, increasing from Rs 141 per sq.ft in 2002 to Rs 1,980 per sq.ft in 2024, marking an overall increase of 1304%.

What is the land classification for Anna Salai Kamarajapuram?

Anna Salai Kamarajapuram is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

Where can I find the registration office for Anna Salai Kamarajapuram?

The registration office for Anna Salai Kamarajapuram is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Anna Salai Kamarajapuram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 1,78,200.