Guideline Value for Anadan Street 2nd Street / Thiruvallur Nagar

Anadan Street 2nd Street / Thiruvallur Nagar guideline value

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

The guideline value for Anadan Street 2nd Street / Thiruvallur Nagar has seen significant changes over the years. Starting from Rs 230 per sq.ft in 2002, it increased to Rs 260 per sq.ft in 2003, marking a 13% rise. By 2007, the value reached Rs 360 per sq.ft, which was a 38% increase from the previous revision. The value then surged to Rs 1,507 per sq.ft in 2017, representing a substantial 319% growth. In 2023, the guideline value was Rs 2,250 per sq.ft, which was a 49% increase from 2017. The most recent revision in 2024 saw the value rise to Rs 2,475 per sq.ft, reflecting a 10% increase from the previous year. The register has no figure for this street in 2012.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value in this area is Rs 2,090 per sq.ft, placing Anadan Street 2nd Street / Thiruvallur Nagar above this median.

• Anadan Street 1st 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 2nd 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, while the registration fee at 2% would be Rs 49,500. Together, the total cost for stamp duty and registration fee would be Rs 2,22,750. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anadan Street 2nd Street / Thiruvallur Nagar?

The Sub Registrar Office that covers Anadan Street 2nd 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 further assistance.

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, ensuring that the transaction is transparent and fair.

During the registration process, the guideline value is used to calculate the stamp duty and registration fees that must be paid. This value is essential for both buyers and sellers to understand, as it impacts the overall cost of the transaction and the financial obligations involved.

Frequently asked questions

What is the current guideline value of Anadan Street 2nd Street / Thiruvallur Nagar?

The current guideline value of Anadan Street 2nd 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 from Rs 230 per sq.ft in 2002 to Rs 2,475 per sq.ft in 2024, marking an overall increase of 976% over the years.

What are the other streets in Pammal with similar guideline values?

Other streets in Pammal with similar guideline values include Anadan Street 1st Street / Thiruvallur Nagar and Anadan Street / Thiruvallur Nagar, both at Rs 2,475 per sq.ft in 2024.

What is the registration fee for property in Anadan Street 2nd Street / Thiruvallur Nagar?

The registration fee for property in Anadan Street 2nd Street / Thiruvallur Nagar is calculated based on the guideline value. For instance, a property valued at Rs 24,75,000 would incur a registration fee of Rs 49,500 at 2%.

Where can I find the Sub Registrar Office for Anadan Street 2nd Street / Thiruvallur Nagar?

The Sub Registrar Office for Anadan Street 2nd Street / Thiruvallur Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information by visiting the relevant link.