Guideline Value for ANNA ST

Anna St guideline value

The current guideline value of Anna St, located in Vilingiyambakkam village, is Rs 1,310 per sq.ft as per the 2024 revision effective from 1 July 2024. This street falls under the Residential Class III Type - I land classification and is registered with the Avadi Sub Registrar Office.

How the guideline value of Anna St has changed

In the 2012 revision, the guideline value for Anna St was set at Rs 1,200 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 804 per sq.ft. The value then increased significantly to Rs 1,200 per sq.ft in the 2023 revision, before reaching the current value of Rs 1,310 per sq.ft in 2024. 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 transition from 2023 to 2024 shows a 9% increase. Overall, the guideline value from 2012 to 2024 has seen a modest increase of 9%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median value for these streets is Rs 935 per sq.ft, placing Anna St's 2024 figure above this median.

• Arignar Anna Street (M.T.H.Road North): Rs 1,310 per sq.ft (2024)
• Arunagiri Nathan St: Rs 1,310 per sq.ft (2024)
• Angalaparameswari Koil St (North): Rs 935 per sq.ft (2024)
• Anbar Street: Rs 1,310 per sq.ft (2024)
• Anbalagan St: Rs 935 per sq.ft (2024)
• Anbalagan 4th Cross St: Rs 935 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 1,310 per sq.ft, the total guideline value amounts to Rs 13,10,000. The stamp duty at 7% would be Rs 91,700, and the registration fee at 2% would be Rs 26,200, bringing the total to Rs 1,17,900. 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 St?

The Sub Registrar Office covering Anna St 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 further assistance.

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

The guideline value is a crucial factor in the registration process for property transactions in Vilingiyambakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for assessing the transaction value. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements 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 1,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,310 per sq.ft in 2024.

What is the land classification for Anna St?

Anna St is classified as Residential Class III Type - I, which indicates its suitability for residential development.

What are the stamp duty and registration fees for a property on Anna St?

For a property valued at Rs 13,10,000, the stamp duty would be Rs 91,700 and the registration fee would be Rs 26,200, totaling Rs 1,17,900.

Which office handles registrations for Anna St?

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