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Guideline Value

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Guideline Value for ANNA STREET, DEAVARAJ JOINT SALAI

₹2800/sq.ft.

The guideline value for Anna Street, Deavaraj Joint Salai in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anna Street, Deavaraj Joint Salai

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Anna Street, Deavaraj Joint Salai guideline value

The current guideline value of Anna Street, Deavaraj Joint Salai is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in the Neelankarai SRO area of Sholinganallur - 1 village, classified as Residential Class II Type - II.

How the guideline value of Anna Street, Deavaraj Joint Salai has changed

The guideline value for Anna Street has seen several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 1,675 per sq.ft. In 2023, this value increased to Rs 2,500 per sq.ft, marking a significant rise of 49% from the 2017 figure. The latest revision in 2024 has set the guideline value at Rs 2,800 per sq.ft, which is a further increase of 12% from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for Anna Street in the register. Overall, from 2017 to 2024, the guideline value has increased by 67%.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Anna Street's 2024 figure above this median.

Stamp duty and registration fee for property in Anna Street, Deavaraj Joint Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. 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, Deavaraj Joint Salai?

The Sub Registrar Office that covers Anna Street, Deavaraj Joint Salai is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is a crucial factor when registering property transactions in Sholinganallur - 1. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When you buy or sell property, the guideline value will influence the stamp duty and registration fees applicable to the transaction. This ensures that both buyers and sellers are aware of the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street, Deavaraj Joint Salai is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,675 per sq.ft in 2017 to Rs 2,800 per sq.ft in 2024, marking an overall increase of 67% over this period.

What is the land classification for Anna Street?

Anna Street, Deavaraj Joint Salai is classified as Residential Class II Type - II.

Where is the Neelankarai Sub Registrar Office located?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is the stamp duty calculated for properties in Anna Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 28,00,000 would incur a stamp duty of Rs 1,96,000 at 7%.