Guideline Value for ANNA ST

Anna St guideline value

The current guideline value of Anna St in Paleripattu village is Rs 990 per sq.ft, effective from 1 July 2024. This street falls under the Avadi Sub Registrar Office and is classified as Residential Class II Type - I.

How the guideline value of Anna St has changed

The guideline value for Anna St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 900 per sq.ft, and then rose again to Rs 990 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

There are no figures available for Anna St in the revisions from 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Paleripattu

In Paleripattu, there are 111 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,200 per sq.ft. The median value for these streets is Rs 990 per sq.ft, which is equal to the guideline value of Anna St.

• Annappar St: Rs 990 per sq.ft (2024)
• Articial Road: Rs 1,980 per sq.ft (2024)
• Ashok Nagar: Rs 1,480 per sq.ft (2024)
• Ashok Niranjan Nagar: Rs 1,950 per sq.ft (2024)
• Andal Nagar: Rs 880 per sq.ft (2024)
• Anandha Nagar (Pudhu Nagar): Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in Anna St

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total cost for these fees to Rs 89,100. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna St?

Anna St 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 Paleripattu

The guideline value plays a crucial role during property registration in Paleripattu. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. This ensures that the transaction is recorded accurately and complies with the local regulations.

When engaging in a property transaction, it is important to be aware of the guideline value as it impacts the overall cost of the transaction. Buyers and sellers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anna St?

The current guideline value of Anna St is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed 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 990 per sq.ft in 2024.

What are the other streets in Paleripattu with their guideline values?

Other streets in Paleripattu have varying guideline values, with some streets like Annappar St and Anandha Nagar (Pudhu Nagar) also at Rs 990 per sq.ft in 2024, while others like Articial Road are at Rs 1,980 per sq.ft.

What fees are associated with buying property on Anna St?

The fees associated with buying property on Anna St include a stamp duty of 7% and a registration fee of 2% on the guideline value or sale price, whichever is higher.

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

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