Guideline Value for ANNA SQURE

Anna Squre guideline value

The current guideline value of Anna Squre in Paruthipattu village under the Avadi SRO is Rs 3,300 per sq.ft, effective from 1 July 2024. This area is classified as Commercial Special Type - II.

How the guideline value of Anna Squre has changed

The guideline value for Anna Squre has seen several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 2,010 per sq.ft. The value increased significantly to Rs 3,000 per sq.ft in the 2023 revision, followed by a further increase to Rs 3,300 per sq.ft in the 2024 revision, marking a 10% rise from the previous year.

From 2017 to 2023, the guideline value rose by 49%. Overall, comparing the 2012 and 2024 revisions, there has been a 10% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO, with guideline values ranging from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, placing Anna Squre's 2024 value above this median.

• Anna Street Kannigapuram: Rs 1,300 per sq.ft (2024)
• Anna Street Konambedu: Rs 950 per sq.ft (2024)
• Annanur Station Road: Rs 950 per sq.ft (2024)
• Annanur Ponniyamman Koil St: Rs 950 per sq.ft (2024)
• Annanur Pallikooda St: Rs 950 per sq.ft (2024)
• Annanur Main Road: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Squre

For a 1,000 sq.ft plot at the current rate of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Squre?

The Sub Registrar Office that covers Anna Squre is 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 Paruthipattu

The guideline value is a crucial factor in property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value of a property during registration, ensuring that properties are not undervalued.

When buying or selling property, the guideline value impacts the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Squre?

The current guideline value of Anna Squre is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 in 2012 to Rs 2,010 in 2017, then back to Rs 3,000 in 2023, and finally to Rs 3,300 in 2024.

What is the land classification for Anna Squre?

Anna Squre is classified as Commercial Special Type - II, indicating its intended use for commercial purposes.

What are the stamp duty and registration fees for a property in Anna Squre?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000, and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

Where can I find the Sub Registrar Office for Anna Squre?

The Avadi Sub Registrar Office covers Anna Squre, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.