Guideline Value for Anna Baba Nagar

Anna Baba Nagar guideline value

The current guideline value of Anna Baba Nagar, located in Puthuper village under the Sriperumpudur SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Anna Baba Nagar has changed

The guideline value for Anna Baba Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 201 per sq.ft. However, the value significantly increased by 49% to Rs 300 per sq.ft in the 2023 revision, and it has remained the same through the 2024 revision, showing no percentage change from the previous year.

Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 300 per sq.ft.

Guideline values in Puthuper

Puthuper village has a total of 39 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,350 per sq.ft. The median guideline value in this village is Rs 400 per sq.ft, which indicates that the guideline value of Anna Baba Nagar is below this median.

• Arasiliyamman Koil Street: Rs 150 per sq.ft (2024)
• Barathiyar Street: Rs 150 per sq.ft (2024)
• Chelliamman Nagar: Rs 400 per sq.ft (2024)
• Chelliamman Nagar - II: Rs 400 per sq.ft (2024)
• Cini production Assistants Nagar: Rs 510 per sq.ft (2024)
• Devadoss Garden: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty, charged at 7%, would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It's important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Baba Nagar?

The Sub Registrar Office that covers Anna Baba Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Puthuper. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable during the transaction.

When a buyer approaches the registration office, the guideline value will be referenced to ensure compliance with legal requirements. This helps in establishing a transparent process for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value of Anna Baba Nagar?

The current guideline value of Anna Baba Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft since the 2012 revision, with a drop to Rs 201 per sq.ft in 2017 and an increase back to Rs 300 per sq.ft in 2023. The value has not changed from 2023 to 2024.

What are the other streets in Puthuper with their guideline values?

Other streets in Puthuper include Arasiliyamman Koil Street and Barathiyar Street both at Rs 150 per sq.ft, Chelliamman Nagar and Chelliamman Nagar - II at Rs 400 per sq.ft, and Cini production Assistants Nagar at Rs 510 per sq.ft.

What fees are associated with property registration in Anna Baba Nagar?

When registering property in Anna Baba Nagar, the stamp duty is charged at 7% of the guideline value, and the registration fee is charged at 2%. For example, for a property valued at Rs 3,00,000, the total fees would amount to Rs 27,000.

Where can I find the Sub Registrar Office for Anna Baba Nagar?

The Sub Registrar Office for Anna Baba Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more details through the provided links.