Guideline Value for Anadan Street / Thiruvallur Nagar

Anadan Street / Thiruvallur Nagar guideline value

The current guideline value of Anadan Street / Thiruvallur Nagar is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal Sub Registrar Office (SRO), and is classified as Residential Class I Type - II.

How the guideline value of Anadan Street / Thiruvallur Nagar has changed

The guideline value for Anadan Street / Thiruvallur Nagar has seen significant changes over the years. In 2002, the guideline value was Rs 230 per sq.ft. This increased to Rs 260 per sq.ft in 2003, marking a 13% rise. The value then rose to Rs 360 per sq.ft in 2007, reflecting a 38% increase. By 2017, the value had surged to Rs 1,507 per sq.ft, a substantial 319% increase from 2007. In 2023, the guideline value was Rs 2,250 per sq.ft, which was a 49% increase from the previous revision. The current value, effective from 2024, is Rs 2,475 per sq.ft, a 10% increase from 2023.

It is important to note that the register has no figure for Anadan Street / Thiruvallur Nagar for the year 2012. Overall, from 2002 to 2024, the guideline value has increased by 976%.

Guideline values in Pammal

In Pammal village, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Anadan Street / Thiruvallur Nagar above this median.

• Anadan Street 2nd Street / Thiruvallur Nagar: Rs 2,475 per sq.ft (2024)
• Anadan Street 1st Street / Thiruvallur Nagar: Rs 2,475 per sq.ft (2024)
• Anakaputhur Main Road: Rs 2,200 per sq.ft (2024)
• Anathanarayanan Street: Rs 1,760 per sq.ft (2024)
• AnathaRamakrishnan Street (V.O.C.Nagar): Rs 2,750 per sq.ft (2024)
• Anbazhagan Street (Anna Nagar): Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Anadan Street / Thiruvallur Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value would be Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, making the total charges Rs 2,22,750. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Anadan Street / Thiruvallur Nagar?

The Sub Registrar Office that covers Anadan Street / Thiruvallur Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, the higher value between the guideline value and the sale price is used to determine the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anadan Street / Thiruvallur Nagar?

The current guideline value of Anadan Street / Thiruvallur Nagar is Rs 2,475 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 230 per sq.ft in 2002 to Rs 2,475 per sq.ft in 2024, representing an overall increase of 976%.

What is the median guideline value for streets in Pammal?

The median guideline value for streets in Pammal is Rs 2,090 per sq.ft, with Anadan Street / Thiruvallur Nagar being above this median at Rs 2,475 per sq.ft.

What are the stamp duty and registration fees for property in Anadan Street / Thiruvallur Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 24,75,000, with stamp duty at Rs 1,73,250 and registration fee at Rs 49,500, totaling Rs 2,22,750.

Which office handles the registration for Anadan Street / Thiruvallur Nagar?

The Pammal Sub Registrar Office handles the registration for Anadan Street / Thiruvallur Nagar, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.