Guideline Value for ANNA STREET (WARD-20)

Anna Street (Ward-20) guideline value

The current guideline value for Anna Street (Ward-20) is Rs 881 per sq.ft, effective from 1 July 2024. This street is located in Thailavaram village under the Chengleput Joint II SRO and falls under the Residential Class I Type - II land classification.

How the guideline value of Anna Street (Ward-20) has changed

In the 2012 revision, the guideline value was Rs 800 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 536 per sq.ft. However, from 2017 to 2023, the value increased significantly to Rs 800 per sq.ft, marking a 49% increase. The most recent revision in 2024 raised the value to Rs 881 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for Anna Street (Ward-20). Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Thailavaram

Thailavaram village has a total of 132 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value in this area is Rs 770 per sq.ft, placing Anna Street (Ward-20) above this median at Rs 881 per sq.ft.

• Anna Street (Ward-21): Rs 660 per sq.ft (2024)
• Anna Street Potheri (Ward -1): Rs 770 per sq.ft (2024)
• Annai Therasha Street (Ward-20): Rs 881 per sq.ft (2024)
• Annai Indra Street (Ward-21): Rs 660 per sq.ft (2024)
• Arun Execello Estancia Residential Apts (Ward -1): Rs 2,200 per sq.ft (2024)
• Athiparasakthi Nagar, Thailavaram (Ward-21): Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (Ward-20)

For a 1,000 sq.ft plot at the current guideline value of Rs 881 per sq.ft, the total guideline value amounts to Rs 8,81,000. The stamp duty at 7% would be Rs 61,670, and the registration fee at 2% would be Rs 17,620, totaling Rs 79,290. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Street (Ward-20)?

The Sub Registrar Office that covers Anna Street (Ward-20) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in property transactions in Thailavaram, as it determines the minimum value at which properties can be registered. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations during the registration process.

When purchasing property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that all transactions are conducted transparently and fairly within the framework established by the Registration Department.

Frequently asked questions

What is the current guideline value for Anna Street (Ward-20)?

The current guideline value for Anna Street (Ward-20) is Rs 881 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes: from Rs 800 in 2012 to Rs 536 in 2017, then back to Rs 800 in 2023, and finally to Rs 881 in 2024.

What is the land classification for Anna Street (Ward-20)?

Anna Street (Ward-20) is classified as Residential Class I Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in Anna Street (Ward-20)?

For a property valued at Rs 8,81,000, the stamp duty would be Rs 61,670 and the registration fee would be Rs 17,620, totaling Rs 79,290.

Which office handles registrations for Anna Street (Ward-20)?

The Chengleput Joint II Sub Registrar Office handles registrations for Anna Street (Ward-20), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.