Guideline Value for Anadan Street 1st Street / Thiruvallur Nagar

Anadan Street 1st Street / Thiruvallur Nagar guideline value

The current guideline value of Anadan Street 1st 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 SRO, and is classified as Residential Class I Type - II.

How the guideline value of Anadan Street 1st Street / Thiruvallur Nagar has changed

The guideline value for Anadan Street 1st Street / Thiruvallur Nagar has seen significant changes over the years. In 2002, the guideline value was Rs 230 per sq.ft, which increased to Rs 260 per sq.ft in 2003, marking a 13% rise. By 2007, the value had jumped to Rs 415 per sq.ft, reflecting a 60% increase. The 2017 revision saw a substantial rise to Rs 1,507 per sq.ft, a remarkable 263% increase from 2007. The value then rose to Rs 2,250 per sq.ft in 2023, a 49% increase from 2017. The most recent revision in 2024 has set the guideline value at Rs 2,475 per sq.ft, showing a 10% increase from the previous year.

It is important to note that there is no figure available for the 2012 revision in the register for this street. Overall, from 2002 to 2024, the guideline value has increased by 976%.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values for 2024 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 1st Street / Thiruvallur Nagar above this median value.

• Anadan Street 2nd Street / Thiruvallur Nagar: Rs 2,475 per sq.ft (2024)
• Anadan 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 1st 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 amount to Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, bringing the total to Rs 2,22,750. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anadan Street 1st Street / Thiruvallur Nagar?

The Sub Registrar Office that covers Anadan Street 1st 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 details.

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 a benchmark for determining the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Anadan Street 1st Street / Thiruvallur Nagar?

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

How has the guideline value changed over the years?

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

What is the classification of Anadan Street 1st Street / Thiruvallur Nagar?

Anadan Street 1st Street / Thiruvallur Nagar is classified as Residential Class I Type - II.

Which office handles the registration for this street?

The registration for Anadan Street 1st Street / Thiruvallur Nagar is handled by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Pammal?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,75,000, the stamp duty would be Rs 1,73,250 at a rate of 7%.