Guideline Value for ANNA STREET KONAMBEDU

Anna Street Konambedu guideline value

The current guideline value of Anna Street Konambedu is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO, classified as Residential Class II Type - I.

How the guideline value of Anna Street Konambedu has changed

In the 2012 revision, the guideline value was Rs 900 per sq.ft. This figure remained the same until the 2017 revision, which saw a decrease to Rs 603 per sq.ft. The value then increased significantly to Rs 900 per sq.ft in the 2023 revision and further rose to the current value of Rs 950 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, followed by a substantial increase of 49% from 2017 to 2023. The overall change from 2012 to 2024 is an increase of 6%. The latest increase of 6% from 2023 to 2024 reflects the current guideline value.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value in the village is Rs 1,625 per sq.ft, which means Anna Street Konambedu's 2024 figure is below that median.

• Anna Street Kannigapuram: Rs 1,300 per sq.ft (2024)
• Anna (Vanigam): Rs 1,625 per sq.ft (2024)
• Anna Squre: Rs 3,300 per sq.ft (2024)
• Anuman Kula Street: 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)

Stamp duty and registration fee for property in Anna Street Konambedu

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total to Rs 85,500. 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 information.

Which Sub Registrar Office covers Anna Street Konambedu?

Anna Street Konambedu 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 details.

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

The guideline value is a crucial factor in the registration process of property transactions in Paruthipattu. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when buying or selling property.

When a property is sold, the guideline value helps determine the minimum price at which the property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction.

Frequently asked questions

What is the current guideline value of Anna Street Konambedu?

The current guideline value of Anna Street Konambedu is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification of Anna Street Konambedu?

Anna Street Konambedu is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500, and the registration fee would be Rs 19,000, totaling Rs 85,500.

Which office handles registrations for Anna Street Konambedu?

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