Guideline Value for Anna Durai VIth Cross Street

Anna Durai VIth Cross Street guideline value

The current guideline value of Anna Durai VIth Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class III Type - I.

How the guideline value of Anna Durai VIth Cross Street has changed

The guideline value for Anna Durai VIth Cross Street has undergone several revisions over the years. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 2,350 per sq.ft, an increase of 12% from the previous year's figure of Rs 2,099 per sq.ft. Prior to that, in 2017, the guideline value was Rs 1,407 per sq.ft, marking a significant increase of 49% over the six years leading up to 2023. It is important to note that there are no figures available for this street in the register for the years 2002, 2003, 2007, and 2012.

Overall, from 2017 to 2024, the guideline value has increased by 67%, reflecting the changes in the real estate landscape in the area. The consistent upward trend in the guideline value indicates the evolving nature of property valuation in Anna Durai VIth Cross Street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a guideline value for 2024, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value for these streets is Rs 1,980 per sq.ft, placing Anna Durai VIth Cross Street's 2024 figure above this median.

• Anna Durai V th Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai Street: Rs 2,350 per sq.ft (2024)
• Anna Durai IV th Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai Ist Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai II nd Cross Street: Rs 2,350 per sq.ft (2024)
• Anna Durai III rd Cross Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Durai VIth Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value would be Rs 23,50,000. The stamp duty at 7% would amount to Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, bringing the total fees together to Rs 2,11,500. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers Anna Durai VIth Cross Street?

The Sub Registrar Office that covers Anna Durai VIth Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted transparently and fairly.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. Buyers should be aware of the current guideline value to accurately assess the costs involved in their property transactions.

Frequently asked questions

What is the current guideline value of Anna Durai VIth Cross Street?

The current guideline value of Anna Durai VIth Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,407 per sq.ft in 2017 to Rs 2,350 per sq.ft in 2024, marking an overall increase of 67% over the seven years.

What is the land classification of Anna Durai VIth Cross Street?

Anna Durai VIth Cross Street is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Anna Durai VIth Cross Street?

The Sub Registrar Office for Anna Durai VIth Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Anna Durai VIth Cross Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500 at 7%.