Guideline Value for Anna 2nd Street

Anna 2nd Street guideline value

The current guideline value of Anna 2nd Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Peerklankaranai village under the Tambaram Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Anna 2nd Street has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 804 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 1,200 per sq.ft in the 2023 revision, before rising to Rs 1,320 per sq.ft in the 2024 revision, reflecting a 10% increase.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. Overall, comparing the 2012 and 2024 revisions, the guideline value has risen by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peerklankaranai

In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 4,400 per sq.ft. The median guideline value is Rs 1,650 per sq.ft, placing Anna 2nd Street's 2024 figure below this median.

• Anna 1st Street: Rs 1,320 per sq.ft (2024)
• Annai Indira Nagar: Rs 2,200 per sq.ft (2024)
• Annai therasa Street I: Rs 1,100 per sq.ft (2024)
• Annai therasa Street II: Rs 1,100 per sq.ft (2024)
• Annai Theresa 3rd Street: Rs 1,100 per sq.ft (2024)
• Amutham Nagar Ext: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Anna 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, while the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna 2nd Street?

The Sub Registrar Office that covers Anna 2nd Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Peerklankaranai

The guideline value is an essential factor during the registration of property transactions in Peerklankaranai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When registering a property, the guideline value helps ensure that the transaction is recorded accurately and transparently. Buyers and sellers must be aware of the current guideline value to calculate the associated costs effectively.

Frequently asked questions

What is the current guideline value of Anna 2nd Street?

The current guideline value of Anna 2nd Street is Rs 1,320 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 1,320 per sq.ft in 2024.

What is the median guideline value in Peerklankaranai?

The median guideline value in Peerklankaranai is Rs 1,650 per sq.ft, which is higher than the current value of Anna 2nd Street.

What are the stamp duty and registration fees for a property in Anna 2nd Street?

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400, and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Where is the Sub Registrar Office for Anna 2nd Street located?

The Tambaram Joint 1 Sub Registrar Office is located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone.