Guideline Value for Anna Cross Street (Venkatapuram)

Anna Cross Street (Venkatapuram) guideline value

The current guideline value of Anna Cross Street (Venkatapuram) is Rs 4,000 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of Anna Cross Street (Venkatapuram) has changed

In the 2012 revision, the guideline value was Rs 3,700 per sq.ft. This figure remained the same until the 2017 revision, where it decreased to Rs 2,479 per sq.ft. The value then increased significantly to Rs 3,700 per sq.ft in the 2023 revision, marking a 49% increase from 2017. The most recent revision in 2024 set the value at Rs 4,000 per sq.ft, reflecting an 8% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for Anna Cross Street (Venkatapuram). Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value, with rates ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median guideline value in this area is Rs 3,600 per sq.ft, positioning Anna Cross Street (Venkatapuram) above this median at Rs 4,000 per sq.ft.

• Annai Sathiya Nagar (TNSCB): Rs 2,800 per sq.ft (2024)
• Annaitherasa Street: Rs 1,400 per sq.ft (2024)
• Amman Koil Street: Rs 1,800 per sq.ft (2024)
• Annastreet (Ramapuram): Rs 3,600 per sq.ft (2024)
• Annastreet (Thiruvalluar Nagar 16th Ward): Rs 1,400 per sq.ft (2024)
• Anna Street (venkatapuram): Rs 4,000 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Cross Street (Venkatapuram)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,000 per sq.ft, the total guideline value would be Rs 40,00,000. The stamp duty at 7% would amount to Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, bringing the total charges to Rs 3,60,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anna Cross Street (Venkatapuram)?

The Sub Registrar Office that covers Anna Cross Street (Venkatapuram) is the Ambattur Sub Registrar Office. The address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Ambattur. It serves as the benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the registration office uses the guideline value to calculate the applicable fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Anna Cross Street (Venkatapuram)?

The current guideline value of Anna Cross Street (Venkatapuram) is Rs 4,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes: it was Rs 3,700 per sq.ft in 2012, decreased to Rs 2,479 per sq.ft in 2017, increased to Rs 3,700 per sq.ft in 2023, and is now Rs 4,000 per sq.ft in 2024.

What is the land classification for Anna Cross Street (Venkatapuram)?

Anna Cross Street (Venkatapuram) is classified as Residential Special Type - II.

Where is the Ambattur Sub Registrar Office located?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.

How is stamp duty calculated for properties in Ambattur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 40,00,000, the stamp duty would be calculated at 7% of this amount.