Guideline Value for Anna Highway(4)

Anna Highway(4) guideline value

The current guideline value of Anna Highway(4) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Kavulbazaar village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Anna Highway(4) has changed

The guideline value for Anna Highway(4) has undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 1,100 per sq.ft, marking a significant increase of 10% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The changes between the revisions show a notable increase of 49% from 2017 to 2023, reflecting a steady rise in the guideline value over the years.

Guideline values in Kavulbazaar

Kavulbazaar village features 44 streets under the Pammal SRO, with 2024 guideline values ranging from Rs 825 to Rs 4,500 per sq.ft. The guideline value of Anna Highway(4) at Rs 1,100 per sq.ft is above the median value of Rs 825 per sq.ft in the village.

• Anna Highway(3): Rs 1,100 per sq.ft (2024)
• Anna Highway(5): Rs 1,100 per sq.ft (2024)
• Anna Highway(2): Rs 1,100 per sq.ft (2024)
• Anna Street: Rs 825 per sq.ft (2024)
• Arcot Salai: Rs 1,100 per sq.ft (2024)
• Abdul Kalam Nagar/Vivekanandhar Nagar: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Highway(4)

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Highway(4)?

The Sub Registrar Office covering Anna Highway(4) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Kavulbazaar. It determines the minimum value at which property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Anna Highway(4)?

The current guideline value of Anna Highway(4) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024. This represents an overall increase of 64% over the seven-year period.

What are the stamp duty and registration fees for property transactions in Anna Highway(4)?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000. Duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Anna Highway(4)?

The Pammal Sub Registrar Office covers Anna Highway(4), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the range of guideline values in Kavulbazaar?

The guideline values in Kavulbazaar range from Rs 825 to Rs 4,500 per sq.ft, with Anna Highway(4) valued at Rs 1,100 per sq.ft, which is above the median of Rs 825 per sq.ft.